Tag: Stablecoins
A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.
– DeFi protocol’s bridge enables quick, easy, and cheap transfer of assets between different blockchains –
Umbria Network is pleased to announce that its highly anticipated Narni ‘Insta’ Bridge is in Beta and available to the public.
Users of the bridge – bridge.umbria.network – can now transfer $UMBR (Umbria’s governance token) between the Ethereum Mainnet and Matic Mainnet quickly, easily, and cheaply....
Mark Cuban wants regulations around DeFi after his company suffers big losses
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June 18, 2021| DeFi , News
After a big drop in price, the millionaire said he had been “hit.” DeFi prompted the lord to draft a formal regulation proposal. After investing in a blockchain startup and suffering losses, he advocates for decentralized financial industry (DeFi) regulation.
The investor was “injured” by the unexpected collapse of the $TITAN token, of the DeFi Iron Finance project,...
Fiat-Backed Stablecoin
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Fiat-backed stablecoins are digital currencies indexed 1: 1 to the value of an underlying fiat currency. They are designed to reduce the uncertainty that digital assets bring. Stablecoins not only function as a store of value and investment hedge but also facilitate participation in on-chain activities, such as decentralized finance.
Tether Audit and Binance Investigation – What’s the Future of Stablecoins?
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SINGAPORE May 24 2021 (Blockchain Wire)
Stablecoins have been an important part of the cryptocurrency industry for a long time. They are built as a way of storing digital currency with a stable value that is pegged to a fiat currency, in this instance: USD. But the actual stability and security of some of the biggest stablecoins have long been a murky area. Especially with the biggest stablecoin around, USDT (Tether).
Tether’s...
Interview with Miguel Schweizer, from Quantia Capital
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Quantia Capital is a digital asset management company that provides investment solutions for retail and institutional investors, currently holding more than $ 320 million.
We were recently able to ask Miguel Schweizer, who serves as the company’s chief risk officer, some questions.
Here are the most outstanding answers from the interview:
– Migue, how did you get to the crypto world?
A: The first time I read the word Bitcoin...