Tether to Issue Stablecoin Backed by Yuan in Belgian Bank: Insider

Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong......»»

Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token......»»

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD......»»

Tether Launches Gold-Backed Stablecoin, Begins Trading On Bitfinex Authored by Andrey Schevchenko via CoinTelegraph.com, Tether is now supporting a gold-backed stablecoin, Tether Gold (XAUâ‚®), according to a Jan. 23 press release. One toke.....»»

Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold......»»

A distinguished Stanford professor breaks down the year in stablecoins: Libra, Tether and Central Bank Digital Currencies, like China's......»»

Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch......»»

Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed......»»

China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies......»»

Authored by Alex Kimani via SafeHaven.com, First there was Tether; a controversial dollar-backed cryptocurrency by crypto exchange firm, Bitfinex. Then ca.....»»

Tether's general counsel told the New York Supreme Court that it can only back about 74% of USDT in circulation as of Tuesday......»»

Tether has updated the terms on its website, saying that its dollar-pegged USDT stablecoin may not be backed 100 percent by fiat reserves......»»

This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. A new neobank called 86 400, which will be backed by payment services provider Cuscal, is appro.....»»

Crypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today......»»

Goldman Sachs-backed Circle launches its stablecoin, the USDC......»»

The Gemini dollar has broken its peg and climbed to a price of $1.19 on Tuesday......»»

Crypto startup Stably has just launched its StableUSD, a dollar-backed competitor to the reigning tether (USDT) stablecoin......»»

It has been two weeks since tether, the "stablecoin" of choice for crypto day traders who need to quickly enter and exit positions in different alt coins, broke below its $1 peg to trade as low as 85 cents as long-simmering doubts about its doll.....»»