dollar

BitFinex launches tether gold futures trading after it hit $21m market cap

BitFinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap

Major cryptocurrency exchange BitFinex, the sister exchange of stablecoin firm Tether, has rolled out futures trading for Tether’s new gold-backed coin. Starting on 6th March, BitFinex users can trade futures contracts on Tether Gold (XAUT) against Tether (USDT), a widely-known and controversial stablecoin pegged to the United States dollar. The new feature is only available […]

canadian dollar pegged stablecoin QCAD

Canadian Dollar-Pegged Stablecoin QCAD to be Regulated by FinTRAC

Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a newly regulated stablecoin pegged to the Canadian Dollar (CAD). Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the latest CAD-based stablecoin and was officially launched on Feb 11. QCAD total supply accounts for about 150,000 CAD at the […]

Deutsche Bank

Deutsche Bank: Cryptocurrencies Won’t Replace Cash Anytime Soon

Germany’s largest bank, Deutsche Bank, unveils that cryptocurrencies won’t replace fiat anytime soon. The bank says cash is unlikely to disappear anytime soon despite declining use as a payment method and the surge of digital currencies. The German multinational investment bank, Deutsche Bank, predicts previously that cryptocurrencies will replace fiat by 2030. But now claims […]