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Basis Stablecoin Project Is Reportedly Shutting Down

The Basis stablecoin project that raised more than $133 Million in venture capital, is said to be shutting down and returning a very large amount of the funds to investors. This new development is happening due to regulatory hurdles, in contrast to other projects packing...

In 2019, Stablecoins Could Lead Cryptocurrency Growth

With Bitcoin coming closer to $4000, the whole crypto industry is still struggling from hitting a relative low on the year last week. Since the beginning of 2018, Bitcoin is down by almost 80% since peaking close to $20,000 in December 2017. For some, the fall...

What is the Difference between Altcoins and Stable Coins?

Basically, any new cryptocurrency that came after the original cryptocurrency, Bitcoin (BTC) is considered to be an altcoin. Altcoins or alternative coins, represent digital asset based on the prototype of Bitcoin with a vision of building new platforms or issuing new ICOs in order to...

A New Stablecoin To Be Launched On The Stellar Blockchain Which Is Pegged To The Australian Dollar

Reports have revealed that the Stellar blockchain which is pegged to the Australian Dollar (AUD) will be used to launch a new stablecoin. Its value will be kept in a manner similar to how traditional stable coins have utilized the USD as a reference...
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