Gemini Dollar News

The Aave community is set to vote on a new proposal to remove stablecoins like USDP and GUSD from Aave V2. The Aave community is gearing up to vote on a proposal by ChaosLabs, which suggests deprecating multiple small-cap stablecoins,…

American credit rating agency S&P Global Ratings has revealed its first stablecoin stability assessment report, recognizing USDC and GUSD as ‘strong’ assets. In eight separate reports, S&P Global Ratings evaluated each stablecoin based on its ability to maintain its peg…

The Gemini dollar (GUSD) started showing signs of volatility — depegging from the US dollar. According to CoinMarketCap (CMC) data, GUSD’s price has not been stable over the past month. The stablecoin issued by the U.S.-based cryptocurrency exchange, Gemini, plunged…

BlockFi, a cryptocurrency lending startup, has launched BlockFi Institutional Services, a platform designed to give institutional investors such as market-makers, hedge funds, exchanges and family offices exposure to financing solutions for digital assets, according to a BitcoinMagazine report on October…

Crypto finance startup BlockFi has announced a new product: Interest Payment Flex. Customers holding one asset can have their interest paid out in another asset, allowing them to accrue income in three different assets as per their desires, September 5,…

Tether, a crypto often in the limelight of controversy, is causing yet another stir in the stablecoin industry as its latest Terms-of-Service (ToS) update highlights “pan-stablecoin risks” according to the latest report from digital currency research firm Diar, March 18,…

Bitfinex and Ethfinex, two leading digital asset exchanges, now enable clients to trade all six major stablecoins on both exchanges in an attempt to create coin agnostic platforms, the companies announced in a Medium post on December 4, 2018. Six…