Avalanche ExecutiveBitcoin.comDAIDefi DramaEmin Gün SirerFEIFei ProtocolMaker DaoNewsnubits (USNBT)Origin protocolOUSDStablecoinStablecoin marketsstablecoinsTetherUSDC

VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg

The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI…
Read more
Bitcoin Ecosystembitcoin treasuryBitcoin.comBitfundCryptocurrenciesEmerging Marketsinflation hedgeJohannesburg Stock ExchangeLSD Open bitcoinstablecoinsUSDC

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could…
Read more
AnchorageBitcoinBitcoin.comBTCCBDCChartered Bankcrypto assetsCrypto.comDigital Asset BankJack ForestellNewsRegulated TokensettlementStablecoinUSD CoinUSDCVisaVisa USDC

Payment Giant Visa Integrates USDC Stablecoin Support for Settlement

On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the…
Read more