Stably Blog

Weekly Stablecoin Roundup: September 4th, 2018

This is the first edition of a weekly list of stablecoin stories. Follow the blog to stay updated on stablecoin news!



The Promise of Stablecoins: How Blockchain Can Transform Cross-Border Payments

Writer: Guy Hirsch

Summary: Cross border payments are complicated, the current systems can be uprooted by blockchain technology. Stablecoins avoid the risk of high volatility found in cryptocurrency. This will allow for more companies to make the push into accepting cryptocurrency as a means of payment.



Binance, Huobi, OKEx, and Dunamu Come Together for $32 Million Stablecoin Project

Writer: Shaurya Malwa

Summary: A new stablecoin project titled “Terra” has received $32 million in funding from Binance, Huobi, OKEx, and Dunamu. Terra is seeking to partner with eCommerce businesses in Asia.



A Complete A-Z of Stablecoins

Writer: Kai Sedgwick

Summary: It takes a lot of work to stay informed in this fast moving space. How do you know which stablecoin is best for you? This article displays an A-Z list of stablecoins that will enable you to make a more informed decision.



Stable Coins Take the Spotlight in Highly Volatile Market

Writer: Gerelyn Terzo

Summary: People have always sought out a store of value that protects their money. The cryptocurrency markets have historically been quite volatile. That is why many are searching for a more price stable option. With so many stablecoin projects popping up, there is clear indication that these stablecoins are needed and will play an important role in the development and adoption of cryptocurrencies and blockchain technology.



Wall Street has helped eliminate one of bitcoin’s biggest problems

Writer: Frank Chaparro

Summary: According to cryptocurrency trading tech-firm SFOX, the entrance of Wall Street into the cryptocurrency space has led to more stability.


Stably is a VC-funded startup based in British Columbia that’s developing a reserve-backed USD stablecoin called “StableUSD.” For more info, please visit www.stably.io


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All asset custody, funds processing, convertible virtual currency administration, trustee and fiduciary services are provided by Prime Trust, a Nevada chartered financial institution and licensed trust company. Digital assets are held in secure cold storage and USD funds are held in FDIC-insured bank accounts by Prime Trust. Stably is not a licensed financial institution and Stably does not manage nor take custody of client funds. Prime Trust neither endorses nor guarantees any of the information, recommendations, optional programs, products, or services advertised, offered by, or made available through the external website ("Products and Services") and disclaims any liability for any failure of the Products and Services.