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2018 Global Token Galaxy Expo • May 25-27, 2018

A leading blockchain summit conference and exhibition is taking place on May 25-27 in Silicon Valley. To The Moon·Global Token…

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Tag: Stablecoin

USDT Killer? Circle Announces USDC and Raises $110 Million in Series E Funding

Category: Altcoins, Business, Finance, News

USDT Killer? Circle Announces USDC and Raises $110 Million in Series E Funding

Bitmain has led a $110 million investment in Circle Internet Financial, in a funding round that values the company at $3 billion. Circle has also announced plans to launch USDC, a stable coin pegged to USD. Circle Bitmain Partnership The investment is the largest ever raised by a cryptocurrency or blockchain company, eclipsing $107 million raised by banking consortium R3….

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VC 500 Startups Invests in Stablecoin Startup Stably

Category: Altcoins, Blockchain, Ethereum, Finance, News

VC 500 Startups Invests in Stablecoin Startup Stably

Ever since the rise of cryptocurrencies, evangelists, and crypto believers have spoken far and wide of the benefits of a peer-to-peer, decentralized, and globally accepted currency. But, one aspect remains mostly unanswered: The price volatility. What Is a Stablecoin? Perhaps the one thing that hinders bitcoin from being widely used is the considerable price volatility with which it comes. No…

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China Identifies Digital Currency as a Top-Priority, Focuses on Developing Its Own

Category: Altcoins, Finance, News, Regulation, Tech

China Identifies Digital Currency as a Top-Priority, Focuses on Developing Its Own

Is China expediting the development of a state-controlled digital currency under the leadership of newly appointed People Bank of China (PBoC) governor Yi Gang? Likely so. Reinforced Measures to Regulate Cryptocurrencies On March 28, 2018, the PBoC outlined its agenda for 2018 at a conference on the subject, stating that innovation and promoting research and development of the central bank’s…

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Economic Experts Team Up to Create Fiat-Backed Low Volatility Cryptocurrency

Category: Altcoins, Finance, News, Tech

Economic Experts Team Up to Create Fiat-Backed Low Volatility Cryptocurrency

The possibility of a fully functioning “stable coin” is something that has remained an ambition for many within the “cryptorati” for a few years now. A stable coin is a cryptocurrency that is immune to the wild price swings that are ubiquitous in the cryptocurrency market. A general philosophy for this immunity has always been to fix the value of…

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Is a True “Stablecoin” Cryptocurrency Possible?

Category: Altcoins, Finance, News, Tech

Is a True “Stablecoin” Cryptocurrency Possible?

Day traders love cryptocurrency because of its constant, rapid price swings. Fortunes can indeed be won and lost in much the same way as a casino. While traders may love the volatility, it could prove to be more of a hindrance to mass adoption than a benefit. Is it possible to create a genuinely stable cryptocurrency, or is it just…

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