# Stablecoin (Page 75)

Elizabeth White is living the crypto dream - she transformed the “when Lambo” meme into a full-time job, facilitating deals for the Italian luxury car in exchange for cryptocurrencies in a matter of days. But now, the CEO of White Company is talking about launching their own...

Goldman Sachs-backed cryptocurrency startup Circle has raised USD 110 million in a now-closed fundraising round led by mining hardware manufacturer Bitmain, Reuters reported. The two companies have partnered up to create a token backed by US dollars, while this investment brings Circle’s...

PayPal’s announcement in April that it would be hiking all cross-border payment fees to USD 4.99 left crypto enthusiasts overjoyed.A cost almost 5 times as expensive as the average bitcoin transaction, PayPal’s new fee is seen by many as typical of the greedy, centralized international...

Cryptocurrency startup Basis announced on Wednesday they had raised USD 133 million in a round backed by venture-capital firms boasting big names. GV, Bain Capital Ventures, Lightspeed Venture Partners, Andreessen Horowitz, Sky Capital, Stanley Druckenmiller and Kevin Warsh are only some of those...

Pegging to USD is more of a target than a guaranteed method of keeping a currency’s value absolutely fixed.It's no secret that bitcoin and many other cryptocurrencies aren’t particularly stable. Having topped USD 19,000 on December 17, bitcoin hit a low of c. USD 6,000 on February 6 and...