Stablecoin

tZERO Crypto Adds Support for Dogecoin (DOGE), USD Coin (USDC) & 0x (ZRX)

Retrieved on: 
Thursday, July 15, 2021

USD Coin is an open-source, smart contract-based stablecoin that is backed by the U.S. dollar and issued by regulated financial institutions.

Key Points: 
  • USD Coin is an open-source, smart contract-based stablecoin that is backed by the U.S. dollar and issued by regulated financial institutions.
  • USD Coin is a price-stable cryptocurrency - each USD Coin is valued at one U.S. dollar.
  • Launched in June 2019, the tZERO Crypto App allows investors to buy, sell, and hold Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Chainlink (LINK), Dogecoin (DOGE), USD Coin (USDC), 0x (ZRX), Bitcoin SV (BSV), Basic Attention Token (BAT), and Ravencoin (RVN).
  • No broker-dealer affiliate of tZERO Group, Inc. is involved in the transactions and services offered by the tZERO Crypto App.

Armanino Continues to Support Digital Asset Ecosystem With Expanded Tools Delivered Through TrustExplorer

Retrieved on: 
Thursday, July 8, 2021

In addition, to complement its Proof of Reserves product, Armanino has advanced its blockchain explorer toolkit through broader digital signature verification and mass balance query abilities.

Key Points: 
  • In addition, to complement its Proof of Reserves product, Armanino has advanced its blockchain explorer toolkit through broader digital signature verification and mass balance query abilities.
  • Armaninos Real-Time Attest module of TrustExplorer has expanded to include stablecoin assets issued on the Tron and Avalanche blockchains.
  • To further support clients, Armanino has expanded capabilities for its Proof of Reserves service.
  • Armanino has expanded its current toolset to verify ownership of bitcoin private keys using digital signatures for P2PKH, P2PSH Multisig and P2PSH/P2WKH Multisig signature schemes.

Vemanti Group’s Wholly-Owned Subsidiary Announces Pilot Launch Of Its USD-Pegged Stablecoin

Retrieved on: 
Wednesday, July 7, 2021

Owners of USDV stablecoin can easily redeem it for USD or 150+ global currencies from anywhere in the world through SWIFT wires.

Key Points: 
  • Owners of USDV stablecoin can easily redeem it for USD or 150+ global currencies from anywhere in the world through SWIFT wires.
  • For more news and updates, shareholders and prospective investors are encouraged to follow @Vemanti on Twitter ( https://twitter.com/Vemanti ).
  • Vemanti Group, Inc. (OTCQB:VMNT) is a technology-driven company that seeks to become active in high-growth and emerging markets.
  • Vemanti Digital, Ltd. (VDL) is a wholly-owned subsidiary of Vemanti Group with a focus on blockchain-based products and decentralized financial services.

TrueUSD Joins Hands with New York-based Signature Bank to Enable 7/24 Minting & Redemption Services via SigNet Blockchain Network

Retrieved on: 
Tuesday, July 6, 2021

TUSD has now been integrated in the SigNet payment network developed by Signature to deliver 7/24 real-time minting and redemption services.

Key Points: 
  • TUSD has now been integrated in the SigNet payment network developed by Signature to deliver 7/24 real-time minting and redemption services.
  • Signature Bank is the third bank that has entered into partnership with this stablecoin company.
  • Prior to this cooperation, TrueUSD has partnered with Prime Trust and Silvergate Bank to provide real-time TUSD minting and redemption services with the help of ultra-performing blockchain networks (PrimeX and SEN).
  • TUSD also supports nearly instant minting and redemption speeds with financial partners including Signet by Signature Bank, the Silvergate Exchange Network (SEN) and PrimeX by PrimeTrust.

A Revolutionary New Stablecoin Protocol and NFT Offering from Mars Ecosystem

Retrieved on: 
Tuesday, June 29, 2021

Market Shock Demonstrates the Importance of Stablecoins

Key Points: 
  • Unlike the traditional over-collateralized stablecoin, the release of the new stablecoin protocol Mars Ecosystem has developed brings a new option to the table.
  • Mars Ecosystem will operate through three integrated protocols: Mars Treasury, Mars Stablecoin, and Mars DeFi.
  • Mars Ecosystem has developed an NFT which will be available to community co-builders and users who participate in community activities.
  • Mars Ecosystem has two native tokens, the stablecoin USD-Mars (USDM), and a governance token - Mars Ecosystem Token (XMS).

Opera to integrate first stablecoins in its crypto wallet, bringing Celo Dollar (cUSD) and Celo EURO (cEUR) to millions of users

Retrieved on: 
Friday, June 25, 2021

cUSD and cEUR are both stable digital assets that track the U.S. dollar and Euro, respectively.

Key Points: 
  • cUSD and cEUR are both stable digital assets that track the U.S. dollar and Euro, respectively.
  • With cUSD and cEUR, users can transfer value and engage in global financial activities faster, cheaper, and more easily on their smartphone.
  • Stablecoins can mitigate the risk of cryptocurrency volatility, helping to ensure that a transfer's value tracks a fiat value when sent and delivered.
  • Both the Celo Dollar and Celo Euro are supported by multiple digital assets in the Celo Reserve , including BTC and ETH.

Huobi Trust Company Appointed As New Custodian For USD-Backed Stablecoin 'HUSD'

Retrieved on: 
Thursday, June 24, 2021

LAS VEGAS, June 24, 2021 /PRNewswire/ -- Huobi Trust , a Nevada state-chartered retail trust company, today announces that it has been appointed as the new custodian for the USD-backed stablecoin, HUSD.

Key Points: 
  • LAS VEGAS, June 24, 2021 /PRNewswire/ -- Huobi Trust , a Nevada state-chartered retail trust company, today announces that it has been appointed as the new custodian for the USD-backed stablecoin, HUSD.
  • Huobi Trust will provide custodial services for the USD reserves backed 1:1 to the HUSD stablecoin in circulation, as well as a range of compliance services for HUSD customers.
  • Huobi Trust is led by a team of highly qualified individuals headquartered in Las Vegas, Nevada.
  • Huobi Trust Company ("Huobi Trust") is a Nevada state-chartered retail trust company with a mission to deliver secure financial solutions built on blockchain technology.

iGamingGroup Explores Adding SameUSD to Its List of Cryptocurrency Payment Options

Retrieved on: 
Tuesday, June 22, 2021

Samecoin , a new entrant into the cryptocurrency space, seems to have all the solutions that online gaming platforms have been gunning for.

Key Points: 
  • Samecoin , a new entrant into the cryptocurrency space, seems to have all the solutions that online gaming platforms have been gunning for.
  • The Samecoin ecosystem which consists of a utility coin (Samecoin), stablecoins (SameUSD, SameEUR, etc) as well as the SameID and SamePay has been endorsed by iGamingGroup as it explores integrating Samecoin ecosystem and its SameUSD as a cryptocurrency payment service provider of choice.
  • iGG has been offering cryptocurrencies such as Bitcoin, Ripple, Dogecoin, Ethereum, and Litecoin as part of its vast payment options plans.
  • The iGaming technology provider supports over 30 payment systems accepted globally, representing more than 150 payment options.

GreenBox POS Announces Launch of its Stablecoin Token, COYNI, to Early Adopters

Retrieved on: 
Tuesday, June 22, 2021

SAN DIEGO, CA, June 22, 2021 (GLOBE NEWSWIRE) -- GreenBox POS (NASDAQ: GBOX) ("GreenBox" or the "Company"), an emerging financial technology company leveraging proprietary blockchain ledger and stablecoin token technology to build customized payment solutions, today announced the pilot launch of its COYNI (CYN), a stablecoin token, to registered early adopters.

Key Points: 
  • SAN DIEGO, CA, June 22, 2021 (GLOBE NEWSWIRE) -- GreenBox POS (NASDAQ: GBOX) ("GreenBox" or the "Company"), an emerging financial technology company leveraging proprietary blockchain ledger and stablecoin token technology to build customized payment solutions, today announced the pilot launch of its COYNI (CYN), a stablecoin token, to registered early adopters.
  • Attestations are set to begin the first week of July in preparation for onboarding of additional large-scale volume.
  • The launch of COYNI will be a pivotal moment for GreenBox as we look to aggressively gain market share in the digital payments and money transfer markets, said Fredi Nisan, Chief Executive Officer of GreenBox POS.
  • These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

GreenBox POS Selects Armanino to Provide Real-Time Attestations Covering US Dollar Stablecoin Collateral

Retrieved on: 
Friday, June 11, 2021

GreenBox is committed to offering industry standard attestations over the US Dollar collateral backing each GreenBox stablecoin to support ongoing trust in our products and the stability of our stablecoin offering.

Key Points: 
  • GreenBox is committed to offering industry standard attestations over the US Dollar collateral backing each GreenBox stablecoin to support ongoing trust in our products and the stability of our stablecoin offering.
  • Armaninos TrustExplorer(R) is the worlds first application of real-time attestation and utilizes blockchain technology to provide ongoing, on-demand continuous reporting.
  • We are delighted to work with GreenBox as they innovate to provide their customers new and trusted products.
  • GreenBox POS (NASDAQ: GBOX) is an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions.