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Plasma: Stablecoin Layer 1 and XPL token go live

The stablecoin project Plasma launched its highly anticipated mainnet beta today alongside its native token XPL. With more than $2 billion in stablecoin liquidity, it is the eighth-largest blockchain by stablecoin liquidity. The PlasmaBFT consensus model was specifically developed for stablecoin…

700 million USD: Strategy sends Bitcoin to Coinbase

Strategy (formerly MicroStrategy) recently undertook a major restructuring of its Bitcoin holdings. According to data from Arkham, the company moved a total of 6,162 Bitcoin in 30 tranches. The total value of the transactions at the time of the transfers was…

USDT competition? DekaBank and Co. develop euro stablecoin

Nine of Europe's largest banks have joined forces to develop a common euro stablecoin, according to information obtained by BTC-ECHO. DekaBank, ING, Banca Sella, KBC, Danske Bank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International are participating in the project. The digital…