Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin
Arca Investment Management is seeking US SEC approval for a US Treasury securities fund whose shares would be tokenized on the ethereum blockchain.
XRP is the Worst-Performing Major Crypto of 2019
Ripple’s XRP is having a disastrous start to 2019. In a year when bitcoin is storming back towards bull territory, XRP has crashed 16 percent. The third-largest cryptocurrency is now the worst-performing digital asset in the top ten.
tags: Ripple Fintech AltCoins CryptoAssets
TrustToken Announces Four New Stablecoins
TrustToken will expand into four new fiat-backed stablecoins; TrueAUD, TrueEUR, TrueCAD and TrueHKD (from its TrueUSD and TrueGBP coins).
Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso
Bitspark, a blockchain-based bankless money transfer solution, will launch a Philippine Peso pegged cryptocurrency for money transfers dubbed “peg.PHP.”
tags: CryptoAssets Fintech Blockchain
Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain
Sumitomo Mitsui Banking Corporation will launch its R3 Corda-based Marco Polo trade finance platform later this year.
tags: Blockchain Corda Fintech