The bank used Bitbond’s white label tokenization service to issue its stablecoin to increase the efficiency of its securitization with the help of the Stellar Development Foundation. BVDH can now act as its own paying agent for the issuance of new debt securities, speeding up its ability to issue them. The deal will also allow it to create new opportunities with banking clients who want to issue tokenized financial assets with full on-chain settlement.
As altcoins make waves, is a new battle shaping up between XRP and Stellar?
Figures from eToro show XRP had the biggest month-on-month increase in trading activity during November, but it was Stellar that had bigger price gains
The heightened demand came as the world’s third-biggest cryptocurrency surged by 150% over the course of the month. As Modern Consensus reported last week, this could have been driven by BTC and ETH’s healthy performance, rumors of products that could unlock new use cases for XRP, and a spike in the number of new accounts activated on the XRP Ledger.
Markets Report: Bitcoin stabilizes as analyst says $12,000 will not return
A wild week for traders culminates in Bitcoin hovering in the $16,000-$17,000 zone, as heavy resistance comes into place higher up
Bitcoin has seen a transformative week, climbing to near record highs and coming all the way back down again — what could the outlook be now? Bitcoin began the week firmly within the $18,000 range as a combination of rising stocks and weakness in the U.S. dollar created favorable conditions for safe havens.
Coinbase launches U.S. crypto debit card
United States-based Coinbase users will be able to spend crypto anywhere while earning crypto cashback of up to 4%
On Oct 28, Coinbase announced the debut of its Visa debit card, allowing the firm’s customers to spend cryptocurrencies in online and physical stores, as well as for ATM withdrawals.