South Korea Welcomes KRW-Based Stablecoin KRWb

South Korean company BxB Inc. has announced the launch of KRWb, the world’s first 1:1 Korean won-backed stablecoin aimed at providing greater liquidity to cryptocurrency exchanges and global accessibility of value transfers into and out of South Korea....

Bitspark Launches World’s First Stablecoin Pegged to the Hong Kong Dollar

A Bitcoin remittance startup located in Hong Kong has announced that it has launched the world’s first stablecoin pegged to the Hong Kong dollar. Founded in 2014, Bitspark was created to enable the process of sending money across borders without ...

Bitspark Launches World’s First Stablecoin Pegged to the Hong Kong Dollar

A Bitcoin remittance startup located in Hong Kong has announced that it has launched the world’s first stablecoin pegged to the Hong Kong dollar. Founded in 2014, Bitspark was created to enable the process of sending money across borders without ...

Huobi to Launch its Own Stablecoin in H1 2019

Huobi Group is planning to launch its own stablecoin in the first half of 2019, Chris Lee, CFO and board secretary of Huobi Group, said on January 20. During an invitation-only event in Singapore last week, Lee shared his predictions for 2019 and discu...

Danish Crypto Startup Aryze Completes US$1.6M ICO

Aryze, a Danish crypto startup developing a global payments system, has completed its initial coin offering (ICO), raising US$1.6 million from 278 individuals representing 14 different nationalities, the company said on Thursday. Established in 2017, A...

Mongolia Capital City to Pilot Blockchain Payment System

Mongolia’s capital city of Ulaanbaatar has unveiled plans to launch a pilot program that will see the city’s Nalaikh district deploy a blockchain-based payment system developed by stablecoin startup Terra. The pilot program will launch within the next ...

Coinfloor Spin-Off CoinFLEX to Offer Stablecoin-to-Stablecoin Futures Contract

Crypto futures exchange Coin Futures and Lending Exchange (CoinFLEX) will introduce stablecoin-to-stablecoin futures contract, offering Tether (USDT) against Circle’s USD Coin (USDC), the company said on a Monday. Established last year as CoinfloorEX, ...

eToro: Preference for Stablecoins as Alternatives to Continue in 2019

The end of 2018 wrapped up what has been one of the worst year’s for the crypto market, with Bitcoin dropping to its lowest levels for the year. But as we enter the first full working week of 2019, what can the market expect throughout the year? ...

Crypto Industry is Betting Big on the Future of Stablecoins

When merchants started introducing bitcoin and similar digital currencies as one of their payment methods, they quickly encountered a significant problem: price volatility. There were instances like a luxury item dealership, which used to accept bitcoi...

Crypto Industry is Betting Big on the Future of Stablecoins

When merchants started introducing bitcoin and similar digital currencies as one of their payment methods, they quickly encountered a significant problem: price volatility. There were instances like a luxury item dealership, which used to accept bitcoi...