Stablecoin

NextTech Invests $2.5 Million in AntEx VNDT Fintech Blockchain Ecosystem

Retrieved on: 
Monday, August 2, 2021
Articles, Cryptocurrencies, Technology, Money, Stablecoin, Blockchain, Financial technology

Shark Nguyen Hoa Binh's NextTech Group officially announced an investment deal worth 2.5 million USD on AntEx Fintech Blockchain Ecosystem (in short: AntEx) in late July.

Key Points: 
  • Shark Nguyen Hoa Binh's NextTech Group officially announced an investment deal worth 2.5 million USD on AntEx Fintech Blockchain Ecosystem (in short: AntEx) in late July.
  • The handshake between NextTech and AntEx is considered to combine the strengths of both sides to develop a comprehensive blockchain product ecosystem.
  • Therefore, the AntEx and VNDT stablecoin ecosystems are considered as a missing piece to complete the crypto-blockchain ecosystem in Vietnam particularly and the world generally.
  • As part of an effort to ensure that AntEx Exchange and VNDT stable-coins stay connected in the Nexttech.

Business visionary and blockchain entrepreneur Mru Patel to help Jax.Network enter the African market

Retrieved on: 
Thursday, July 29, 2021
Cryptocurrencies, Articles, Technology, Science and technology, Stablecoin, Blockchain, Mru

Mru Patel is a proud leader and visionary for the open-source movement, who values the Jax.Network technology and wants its stablecoin to be adopted globally, especially in the African market.

Key Points: 
  • Mru Patel is a proud leader and visionary for the open-source movement, who values the Jax.Network technology and wants its stablecoin to be adopted globally, especially in the African market.
  • However, the most important aspect is to improve the lives of many African people, who suffer from hyperinflation, financial exclusion, and expensive cross-border payments.
  • Mru Patel is a Kenyan-born seasoned and award-winning public speaker, best-selling author, IT professional, serial entrepreneur, and investor.
  • Mr. Patel has great connections and is involved in numerous innovative and disruptive projects, including blockchain.

ShapeShift Publishes Report on Innovative, Algorithmic-based Stablecoins

Retrieved on: 
Thursday, July 29, 2021
Cryptocurrencies, Stablecoin, Frax, Frax, Articles, Academic disciplines, Health sciences

DENVER, July 29, 2021 /PRNewswire/ -- ShapeShift , a decentralized, non-custodial cryptocurrency platform, released a new report in their "New Frontiers" series called " Algorithmic Stablecoins: RAI, FRAX and FEI ."

Key Points: 
  • DENVER, July 29, 2021 /PRNewswire/ -- ShapeShift , a decentralized, non-custodial cryptocurrency platform, released a new report in their "New Frontiers" series called " Algorithmic Stablecoins: RAI, FRAX and FEI ."
  • Yet, much innovation is happening in stablecoins, extending beyond the "lock up a fiat dollar and mint a digital dollar" approach.
  • This report reviews three stablecoinsRAI, FRAX and FEIthat use algorithmic approaches to reduce volatility rather than pegging fiat dollars.
  • "We've already seen new models in stablecoins leveraging crypto-based collateral to reduce volatility, but more innovation is occurring," said Kent Barton, author of the report and ShapeShift Head of Research and Development.

Mobilum Technologies Signs MOU With Matic to Launch Its Hosted On-Ramp and Beta Off-Ramp Solution for Polygon

Retrieved on: 
Thursday, July 29, 2021
Cryptocurrencies, Stablecoin, Matić, Articles, Economy

Mobilum's hosted fiat-to-crypto on-ramp solution will be utilized to create a fiat-to-crypto bridge for Matic.

Key Points: 
  • Mobilum's hosted fiat-to-crypto on-ramp solution will be utilized to create a fiat-to-crypto bridge for Matic.
  • Users will be able to purchase MATIC (Polygon), MATIC (ERC-20) tokens, and USDC stablecoins using their credit card without having to set up an account on a cryptocurrency exchange.
  • Matic will provide technology support, guidance and possibly development grants to Mobilum to enable further development on the Polygon ecosystem.
  • Mobilum estimates to launch it's hosted on-ramp and off-ramp solution for Matic by the end of Q3 of 2021.

How to buy USDT/USDC on the B21 app ?

Retrieved on: 
Wednesday, July 28, 2021
Cryptocurrencies, Stablecoin, USDT, Debit card, Draft:DeFi Yield Protocol

All of the B21 features are products in itself - Crypto on ramp, investing, earning (or staking), spending and off-ramp.

Key Points: 
  • All of the B21 features are products in itself - Crypto on ramp, investing, earning (or staking), spending and off-ramp.
  • With B21s on-ramp feature, users can deposit money using credit/debit cards, bank transfers and even local payment methods and buy USDT/ USDC on the app.
  • How to buy USDT on the app:
    Within just a few minutes, USDT will be added to your B21 portfolio
    Stablecoins like USDT/ USDC can be used to get good interest yields.
  • You can stake USDT/ USDT on the B21 app and earn up to 14% APY.

Jax.Network onboards Dr. Abdelhakim Senhaji Hafid as a blockchain advisor

Retrieved on: 
Monday, July 26, 2021
Cryptocurrencies, Articles, Payment systems, Technology, Stablecoin, Blockchain, Bitcoin network, Bitcoin

Kyiv, Ukraine, July 26, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Jax.Network , a blockchain tech company with its own stablecoin, gets a University of Montreal professor on its team.

Key Points: 
  • Kyiv, Ukraine, July 26, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) Jax.Network , a blockchain tech company with its own stablecoin, gets a University of Montreal professor on its team.
  • Dr. Abdelhakim Senhaji Hafid reviews the projects protocol on a regular basis and provides valuable inputs.
  • Dr. Hafid has published over 250 journal and conference papers; he also holds three US patents.
  • Jax.Network is anchored to the Bitcoin blockchain that follows the JaxNet protocol and issues scalable, stable, and decentralized JAX coins.

BlockQuake™ Exchange Launches Globally

Retrieved on: 
Monday, July 26, 2021
Cryptocurrencies, Decentralization, Financial technology, Uberisation, Stablecoin, Currency, Exchange, Articles, Economy, Draft:Phemex, Draft:Paribu

Open to both institutions and individuals, the BlockQuake Exchange supports corporate entities, trusts, and retirement accounts.

Key Points: 
  • Open to both institutions and individuals, the BlockQuake Exchange supports corporate entities, trusts, and retirement accounts.
  • Initially, the BlockQuake Exchange will offer USD and major cryptocurrencies and stable coins that include BTC, ETH, LTC, and USDT.
  • BlockQuake also offers its own token, QuakeCoin, an ST-20 token built on the Polymath platform that will only be available on its exchange.
  • Some trading restrictions for The BlockQuake Exchange may apply based on a trader's jurisdiction of residence.

Mastercard Creates Simplified Payments Card Offering for Cryptocurrency Companies

Retrieved on: 
Tuesday, July 20, 2021
Data management, Other Retail, Banking, Online Retail, Technology, Professional services, Security, Retail, Software, Internet, Finance, Cryptocurrencies, Money, Payment systems, Finance, Bitcoin, Private currencies, Stablecoin, MasterCard

Mastercard announced today it will enhance its card program for cryptocurrency wallets and exchanges, making it simpler for partners to convert cryptocurrency to traditional fiat currency.

Key Points: 
  • Mastercard announced today it will enhance its card program for cryptocurrency wallets and exchanges, making it simpler for partners to convert cryptocurrency to traditional fiat currency.
  • Mastercard announced in February 2021 it is preparing to enable select stablecoins directly on its network, expanding the future potential of digital assets and payments.
  • Todays news, enhancing the experience for cryptocurrency exchanges, is a critical step in expanding the ecosystem and safely, securely and compliantly setting the stage for the future of crypto payments.
  • We are thrilled to be partnering with Mastercard and other leaders to evolve the payments landscape, said Scot Lenoir, chairman of Evolve.

Terraform Labs Assembles an All-Star Roster of Investors Committed to Deploying $150 Million in the Terra Ecosystem

Retrieved on: 
Friday, July 16, 2021
Cryptocurrencies, Stablecoin, Biology, Decentralized finance, Ecosystem, Branches of biology, Academic disciplines

The fund commitments from investors will be deployed over several years, enabling direct access to early-stage investment opportunities in projects building on the Terra network.

Key Points: 
  • The fund commitments from investors will be deployed over several years, enabling direct access to early-stage investment opportunities in projects building on the Terra network.
  • "We're excited to continue to support the Terra ecosystem through its next phase of growth by backing the next generation of projects building on Terra."
  • "We're proud to work with other great investors as part of this announcement and to participate in the Terra Ecosystem Fund.
  • The Terra protocol deploys a suite of algorithmic, fiat-pegged stablecoins underpinning a thriving DeFi ecosystem like Anchor, CHAI, and Mirror Protocol.

KCC Bridge Goes Live to Enable Token Cross-Chain Swap Between KCC and Ethereum

Retrieved on: 
Friday, July 16, 2021
Cryptocurrencies, Stablecoin, Ethereum, KCC, Operating systems

VICTORIA, Seychelles, July 16, 2021 /PRNewswire/ -- Anew generation of public chain - KCC (official website: https://www.kcc.io ) officially launched its cross-chain bridge, the KCC Bridge.

Key Points: 
  • VICTORIA, Seychelles, July 16, 2021 /PRNewswire/ -- Anew generation of public chain - KCC (official website: https://www.kcc.io ) officially launched its cross-chain bridge, the KCC Bridge.
  • It provides bridging services to the KCC public chain by allowing native tokens on other chains to interchangeably transact and circulate on KCC.
  • The KCC Bridge will first support stablecoins such as USDT and USDC from Ethereum to KCC.
  • The stable running of the KCC Bridge is expected to bring in more diversified mainstream public chains and their native assets to the KCC ecosystem.