Stablecoins Gone Wild
CoinDesk Podcast Network
English - October 16, 2018 20:30 - 4 minutes - 3.67 MB - ★★★★★ - 39 ratingsBusiness News News Technology defi digitalassets business news business tokenization cryptocurrency coindesk decentralization distributed ledger crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Gemini dollar (GUSD) soared above $1 to a high of $1.19 Tuesday, just a day after competing stablecoin Tether (USDT) dropped to an 18-month low.Crypto exchange Bitfinex announced a new process for depositing fiat currency, a move that came after the platform halted the service in recent days.Singapore-based crypto exchange Huobi will list 4 US dollar-pegged coins some time this week.A new startup called the Paradigm Foundation has secured $1 million in equity seed as it hopes to unite all the decentralized exchanges in a single order book.
Late Confirmation is a CoinDesk production made in collaboration with The Podglomerate.
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