There are many stablecoins, but only one that has one investor who busted a central bank and another who used to help run one. Also, Google and Bain.
Cryptocurrency startup Carbon has raised $2 million in seed funding, the company revealed to CoinDesk, Thursday.
"Stablecoins" continue to be a much sought-after tech for ICOs, and a new one, Fragments, now boasts investment from True, Pantera and FBG.
The entire cryptocurrency market needs to keep an eye on Tether’s USDT token, which has become a pivotal source of liquidity.
The statement, provided Saturday evening, confirms the suspicions of online sleuths and is likely to raise new questions about the company's finances.
Even with a tumultuous past and harsh critics, stablecoin projects keep popping up, aiming to relieve some of the volatility in the crypto markets.
It's a long road yet to mainstream blockchain use, according to Santander's head of blockchain R&D. But integration, he argues, won't be the issue.
Cryptocurrency ecosystems are still dependent on the very financial system they vilify for daily support and stability, says Tim Swanson.