Cryptocurrency Analysis and News Portal
Welcome to Opinionated, a new podcast featuring CryptoX’s leading columnists and contributors. I’m your host, Ben Schiller, CryptoX’s opinion editor. On this week’s show, we’re joined by Nic Carter, cofounder of Coin Metrics and partner at Castle Island Ventures. Nic discusses this year’s $20 billion surge in USD-backed stablecoins (what
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Fintech giant Plaid has quietly added support for two DeFi applications, the IRS wants to know about your crypto holdings and data shows the total value of stablecoins has surpassed the $20 billion milestone. Plaid <3 DeFiVisa-owned fintech company Plaid, which connects traditional bank accounts to thousands of digital platforms has quietly
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DeFi Pulse fixed a bug that led to a substantial misreporting of total value in decentralized finance protocols, former acting White House chief of staff Mick Mulvaney joined the Chamber of Digital Commerce and there’s a new stablecoin that functions like a savings account. Top shelfFresh capitalCrypto projects are raising funds as
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Peer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or account required. “One thing we’ve all seen in DeFi is a much smaller audience gets it. The barrier to entry is much higher,”
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The OCC published guidance clarifying that federally-regulated banks can work with stablecoin issuers, the ECB thinks stablecoin is a “misleading” term and a group of banking veterans has spun up a new crypto fund. Top shelfBitcoin fundsBanking veterans who have steered divisions at HSBC, Barclays, Citigroup and Merrill Lynch in the
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The Curve platform announced that 50% of all the trading fee will be distributed to the holders of veCRV in a move initiated at incentivizing liquidity providers and governance participants.The stablecoin DEX Curve has initiated a new dividend program for the investors and holders of its new governance token CRV.
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Curve, the robot decentralized exchange for stablecoins, is kicking off a new dividend program for holders of its governance token, CRV. “We’ll start moving towards a cashflow-based protocol because the numbers are too sweet to not do it,” Curve founder Michael Egorov told CryptoX in an email. In order to participate in
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You’re going to have to wait a little longer for the liquidity mining–powered savings account from Korean stablecoin maker Terra. The savings account’s returns will be based on various proof-of-stake currencies, plus additional yield over the first five years in the form of its growth token. The system is called Anchor
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The cryptocurrency derivatives platform now offers put and call options contracts settled in the stablecoin tether (USDT). Source
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The folks building the next generation of digital money in Switzerland understand the need to collaborate. Stablecoins, digital tokens pegged one-to-one to the Swiss franc (CHF), in this case, are a prime example. SEBA Bank and Sygnum Bank, the two B2B players that hold banking licenses from the Swiss Financial Market
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