Stablecoin issuer Tether, on Friday, released an independent auditor report by BDO, a top five-ranked global independent public accounting firm. The report firmly reinforces Tether’s dedication to transparency and reveals yet another major cut to the firm’s commercial paper holdings. […]
In order to peg a stablecoin to a fixed fiat price, it needs to be collateralized in one way or another. While the established methods for issuing stablecoins have some disadvantages, Terra uses a dual-token approach that both guarantees collateralization […]
The company, Digital gold has created a platform supporting smart contract and ERC20 token for trading gold. It was named the product stable gold. The company aims to digitize physical gold and enable its transaction using blockchain. Stable gold has created […]
CretiK, known as one of the reputable security audit firms has released a certified formal audit regarding the protocol and mainnet of Terra. Top exchanges like OKEx, Huobi, and Binance have used their services. Terra has basically developed an algorithmic stablecoin for powering […]
Japan’s second largest banking group Mizuho is planning to launch a stablecoin pegged to Japanese Yen in March next year. According to Japanese news outlet Nikkie, Mizuho is planning a launch a proprietary digital currency pegged to Yen that can […]
PricewaterhouseCoopers (PwC) collaborates with Cred, Co-Founder of the UP Alliance and new USD Stablecoin Collaboration designed to explore the enhancement of standards necessary to support the next 100M users of Crypto Assets UK based professional services firm, PwC announces collaboration with Cred, […]
Circle, the Fintech company backed by Goldman Sachs is launching a US Dollar backed stable coin called USD Coin (USDC) built on the ERC 20 standard of the Ethereum Blockchain. Many companies have come together to form a consortium called CENTRE […]
