Stablecoins

stablecoins

Stablecoins Reap the Benefits While BTC Is Having Its Hard Time: Coin Metrics

Coin Metrics is a blockchain analysis firm which recently finds that while bitcoin (BTC) is experiencing its daily drop stablecoins, on the other hand, are doing quite good & are reaping the benefits. Coin Metrics is globally famous for conducting various aspects of cryptocurrency tokens. The firm releases its State of the Network Report on […]

tether

Tether to Track Stablecoin Network Activity with Chainalysis Suite

Chainalysis is rolling out a global compliance solution for Tether (USDT). The announcement just happens through a press release. As a result, the stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The tracking is possible via Chainalysis’ Know-Your-Transaction (KYT) suite which allows token issuers to monitor the activity of […]

Qatar bans cryptocurrency trading

Qatar Bans Cryptocurrency Trading; May Create National Digital Currency

Cryptocurrency trading bans in Qatar. This Middle East country has a population of over 2.5 million but doesn’t want to adapt to the future of currency. According to the recent media reports, the Qatar Financial Centre (QFC) Regulatory Authority says that virtual asset trading remains out of sight from the QFC at this time. The […]

BitPay supports

BitPay Supports USDC, GUSD, & PAX; USDT Still Remain Excluded

The all-time controversial cryptocurrency payment processor BitPay supports three major stablecoins now in addition to its existing list of supported tokens. According to the press release, BitPay confirms that businesses could accept payment in USDC, GUSD, and PAX. All of them are pegged to the U.S. dollar. USDC stands for USD Coin GUSD stands for […]