Aegis Raises $2M in Pre-Seed Round
February 28, 20255 min
Investors including Dewhales, Profluent Ventures back Aegis as it develops the first fully transparent yield-generating stablecoin
StablR Strengthens Network With Investment From Tether
December 18, 20246 min
StablR, the European stablecoin provider, has received investment from market leader Tether to accelerate stablecoin adoption in Europe. StablR offers solutions tailored for institutions and merchants seeking liquidity, compliance, and easy-to-use applications. The investment will expedite stablecoin adoption in the European market, executing on StablR’s vision of superior flexibility and liquidity – advantages that surpass the value proposition of other industry assets. The European stablecoin market, with a market cap of almost $400M for EUR-pegged...
GMO-Z.com Trust Company Partners with Komainu
March 9, 20234 min
GMO-Z.com Trust Company, Inc. (“GMO Trust”) has partnered with Komainu, a regulated digital asset custody service provider built by institutions for institutions, to offer secure and compliant institutional-grade custody services for GYEN and ZUSD, the regulated Japanese yen (“JPY”) stablecoin and the U.S. Dollar (“USD”) stablecoin. GYEN and ZUSD are the regulated JPY stablecoin and USD stablecoin approved by the New York State Department of Financial Services (NYDFS) and are 1:1 backed stablecoins with assets held at FDIC-insured banks. As a regulated, institutional-grade digital...
Equilibrium Sets New Standard for Stablecoin Industry With Groundbreaking Stability Fund
December 16, 20197 min
Equilibrium, a multi-chain framework for building asset-backed stablecoins and decentralized finance (DeFi) products, has used its own capital to establish the cryptocurrency industry’s first Stability Fund. Worth 6.5 million EOS (approximately $17.5 million), the fund aims to provide users with an insurance buffer to protect against market volatility. The Stability Fund’s 6.5 million EOS coins are locked in separate, discrete smart contracts that are activated in the event of volatile market swings that may otherwise...
Anchor Stablecoin is Now Live and Available for Trading on Liquid Exchange
August 26, 20198 min
Anchor’s token listing on Liquid marks the first time crypto traders, investors, and enthusiasts can purchase, trade, and sell the first algorithmic stablecoin pegged to the global economy.
New US Dollar-Backed Token to be Listed on Huobi Global in July
Introducing HUSD Token, Huobi’s First True Stablecoin
July 18, 20197 min
Huobi – along with partners Stable Universal and Paxos Trust Company – are pleased to announce a better option for stablecoin users. On Monday, July 22, Stable Universal will launch HUSD Token, the first regulated stablecoin fully listed and integrated with Huobi Global – and an alternative to Tether (USDT). To ensure full backing of every HUSD token and regulatory oversight, every dollar backing HUSD Token will be held in reserve by the Paxos Trust Company,...