Tag Archives: stablecoin
AllUnity: the new stable standard
By Alexander Bechtel and Simone Conti DWS, Galaxy Digital and Flow Traders launch AllUnity, a new euro stablecoin to promote the on-chain economy. This regulated stablecoin is intended to offer a trustworthy alternative in the global US dollar-dominated stablecoin market. One of DWS’s core convictions in the area of digital assets is that significant parts…
Tether: The most profitable business model in the world?
By Alexander Bechtel Tether, the company behind the largest dollar stablecoin USDT, earned more than most major European banks last year. Does this make the issuance of stablecoins one of the most profitable business models in the world, or is there a catch? Jean-Louis van der Velde is one of the most successful CEOs of…
PayPal’s new stablecoin turns out to be extremely secure
By Alexander Bechtel With the introduction of the PayPal stablecoin, there are two different types of dollar payment methods at Paypal: the conventional, account-based dollar and the blockchain-based stablecoin. A comparison of the two variants reveals some interesting findings. In August, the payment service provider PayPal announced that it would be issuing a dollar stablecoin…