TrueUSD News

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Tether Reveals Its Cryptocurrency Is Not Backed By Dollar Only

Tether the largest stablecoin by market cap has revealed new details regarding its collateral model. Until recently Tether has claimed that its

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Stablecoins Are Threatened By These Two Major Issues

On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards Stablecoins May …

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Analysis: New Tether Model Could Make Prices Unstable

Others speculated that the company was seeking to loan out its vast reserves and profit from the interest; some even alleged that it was a sure sign of an exit scam. Crypto Briefing reached out to ...

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Samsung Galaxy S10 Wallet Supports Ether Cryptokitties — But Not Bitcoin

When leaked pictures of Samsung’s latest smartphone went viral the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet. Well the wallet definitely exists. It’s just missing a few features you might expect of a crypto wallet. Specifically …

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Huobi Wallet Launches Support For Tron (trx) Dapps

As the latest step in its ongoing efforts to support and expand the blockchain asset ecosystem Huobi Group today announced that its professional

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Gbx-dax Listing Stablecoins Pax Dai Tusd Usdc And Gusd

The Gibraltar Blockchain Exchange (GBX) an institutional-grade regulated and insured token sale platform and digital asset exchange has announced the

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Iost To Launch Cross-chain Stablecoin Iusd

IOST a scalable and secure blockchain platform has announced the launch of iUSD - a cross-chain stablecoin issued on the IOST blockchain. Blockchain

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Litecoin Binance Coin Ascend; Venezuela Becomes Crypto Nation

Amid a lackluster week for most cryptocurrencies Litecoin (LTC) and Binance Coin (BNB) emerged as major contenders in the race for altcoin dominance. Litecoin has virtually doubled since the beginning of the year while Binance Coin has almost tripled in value. Both assets have had a cascading effect on the broader market helping to shore […]

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Onchain Stablecoin Transactions Remain Low Despite Surge In Trade Volume

Despite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins DAI has recorded the largest …

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Trueusd Partners With Armanino To Allow Real-time Audit

TrustToken inked a partnership deal with Armanino to allow traders to conduct instant audits of its stablecoin TrueUSD (TUSD).

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News Flash: Crypto Rally Gathers Steam As Volumes Spike 38%; Battle For Stablecoin Dominance Heats Up

Cryptocurrency prices rebounded sharply Tuesday as volumes surged to their highest levels in eight days a convincing sign that the worst of the bear market may have already passed. Coin Values Surge With the exception of Tether (USDT) the top 25 major cryptocurrencies all reported gains. Bitcoin (BTC) climbed 3.5% to $3897.08. On Bitfinex the […]

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New Partnership Allows Trueusd Traders To Audit The Coin’s Backing Assets

Stablecoin TrueUSD has partnered with audit firm Armanino to allow traders to conduct instant audits of the coin’s backing.

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Makerdao Opens Token Holder Vote On Fee Hike For Ethereum Stablecoin

With the dai's dollar-peg almost at a breaking point governance token holders are considering whether to raise the Dai Stability Fee.

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Trusttoken Adds Real Time Confirmation For Stablecoin Trueusd

On their one year anniversary TrustToken has added real-time confirmation of funds and 1-click redemptions for their stablecoin TrueUSD. TrustToken said

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Bbod Review: The ‘next-generation’ High-speed Cryptocurrency Futures Trading Platform

Advertisement Blockchain Board of Derivatives (BBOD) is a hybrid and semi-decentralized trading platform for cryptocurrency futures. Announced on Dec. 8 2018 the exchange allows stablecoin deposits and does not control or store clients’ crypto holdings. Advertisement After several months of hard work the BBOD trading platform testnet is now live with the mainnet expected to go …

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Are Stablecoins The Next Big Thing? Why They're Critical For Crypto Adoption

Stablecoins are designed to be less volatile and are centralized as opposed to the decentralized approach taken by bitcoin and most other digital

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Stablecoins: Solution To The Highly Volatile Crypto Market?

Cryptocurrencies come in many forms. A vast array of coins and tokens are now available in the market each with distinctive characteristics incentives and uses. One corner of the crypto world that has received relatively little attention is that of stablecoins.

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Travala.com’s Cryptocurrency Gateway Provides Travel To 82000 Destinations

Members of the cryptocurrency community can now book rooms in over 550000 properties worldwide by utilizing the accommodation and hotel booking service Travala.com. The company’s crypto payment gateway accepts a myriad of cryptocurrencies so individuals and organizations can travel to 82000 destinations and pay with their favorite digital asset. Also read: An In-Depth Look at …

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Are Stablecoins The Next Big Thing? Why They’re Critical For Crypto Adoption

Compared to other cryptocurrencies stablecoins are designed to be less volatile and are centralized as opposed to the decentralized approach taken by bitcoin and most other digital currencies.

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Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

For many leading markets February produced the largest monthly volume since the first quarter of last year with 30-day BTC trade activity surpassing $200 billion and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest …

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Huobi Launches Support For Ethereum-based Tether (usdt)

Huobi is now offering deposit and withdrawal services for stablecoin Tether in both its Bitcoin-based Omni Layer Protocol and its ERC-20 token form.

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New Freelancing Platform Supports 12 Different Cryptocurrencies

After the two parties reach an agreed price an invoice can be created in the message center for cryptocurrencies BTC TUSD ETH BCH EOS ... offers and bids and crypto invoices.

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Decentralized Bitcoin Exchange Bisq Releases Major Upgrade

Decentralized exchange Bisq has rolled out a batch of new upgrades for its platform including a twofold increase in trade limits for altcoins…

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Are Stablecoins The Way Forward For Crypto Units? An Expert View

Therefore the price of Bitcoin or any other crypto does not affect the White Company’s stablecoins in any way. We have built ...

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In The Daily: Elon Musk Talks Bitcoin Shanghai’s Fudan University Xdat Exchange

In this edition of The Daily we cover some largely supportive remarks the famous entrepreneur Elon Musk has made about Bitcoin the latest academic institution to launch a blockchain R&D center and a new offering from Malta-based exchange Xdat. Also Read: Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship Elon …

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Crypto Trader Cumberland Upgrades From Skype To Wall Street Interface

Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.

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Huobi’s V2.0 ‘stablecoin For Stablecoins’ Aims To Close Arbitrage Loophole

Stablecoins are increasing their visibility within the crypto space as the universe of stablecoins expands and they become easier to trade. Now digital exchange Huobi Global offers as a trial the HUSD Solution V2.0 to provide traders with support for interchangeability between various stablecoins. All Stablecoins Seek to Lower Volatility But They are Not 1:1 …

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J.p. Morgan Has Created A Stablecoin: Just Don’t Expect To Use It Yourself

JPM Coin is however extremely exclusive—how does it relate to the larger crypto landscape? Although JPM Coin is pegged ... ...

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Crypto Market Slips Below $120 Billion But Ethereum-based Maker Defies Downtrend

Crypto markets pivoted lower on Thursday after a fresh wave of moderate selling swept altcoins and tokens. Ethereum-based Maker (MKR) has once again defied the odds as demand for stablecoins continued to rise. Market Update With the exception of stablecoins virtually every cryptocurrency in the top 20 had reported losses on Thursday. EOS was one […]

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Stablecoins Dominate Currency Pairings For Leading Crypto Assets

Amidst the ongoing cryptocurrency bear market stablecoins have continued to gain prominence with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap.  Also Read: Localbitcoins Trade Surges in Latin America and East Asia USDT Comprises Dominant Pairing for 3 of Top 4 Cryptocurrencies by Market Cap According to Cryptocompare …

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