The International Monetary Fund (IMF) released a statement regarding potential use cases and risks associated with cryptocurrency, including stablecoins.
SINGAPORE – IBM and Stellar have announced six international banks will be launching their own stablecoins on IBM’s “World Wire” blockchain network during Money20/20 Asia in Singapore.
Blockchain startup Nexo will be the first company in the world to allow customers to spend the value of their cryptocurrency without spending it.
Jesse Lund, IBM’s Vice President of Blockchain and Digital Currencies has stated he believes Bitcoin will break $1 million, during a recent interview.
Today Circle and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars utilizing blockchain technology, USD//Coin (USDC). // STAY UP TO DATE – FOLLOW BLOCKCHAIN DAILY ON TWITTER: @BLCKCHAINDAILY Individuals and institutions can enroll in this service to deposit US dollars from bank accounts, convert those dollars into tokens usable everywhere… Continue reading Circle Launches U.S. Dollar Backed Stablecoin