Neutral Announces Launch of Neutral Dollar (NUSD) Stablecoin, Initially Comprising of DAI, TUSD, PAX, and USDC

Funded by Sequoia, Neutral Dollar Aims to Improve Stability and Liquidity for the Cryptomarkets   San Francisco — Neutral, an open financial protocol, is building a suite of financial products on-chain, and has announced the launch of its first product, a stablecoin called Neutral Dollar (NUSD). Neutral Dollar is currently collateralized by DAI, TUSD, PAX, and USDC, and its constituent basket will evolve to include other stablecoins, further increasing stability as the market matures.   Neutral Dollar’s value is maintained by a unique economic mechanism, which rebalances the composition of…

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Sale for Algorithmic Stablecoin Project Launches

Kowala to Leverage Leading Platforms to Open Global Access to Network   Nashville, TN – October 24, 2018 –  Kowala, creator of the kUSD stable cryptocurrency designed to algorithmically track the value of one US dollar, has launched a sale for qualified investments in their stablecoin project. Kowala’s stablecoin protocol features a two token system: the primary token, kUSD, is a stablecoin designed to track the US dollar while the secondary mining token, mUSD,  allows holders to mine on the blockchain.     Leveraging third party vendors such as AngelList…

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Sweetbridge and the Institute of Decentralized Economics Launch New Stablecoin Protocols Working Paper

  Paper is first in a two-part series set to be released by institute, outlining  theories underpinning key stablecoin protocols   Phoenix, Arizona – 16th October, 2018 – Sweetbridge Inc., the global blockchain alliance developing protocols to enable frictionless commerce and interest-free financing for individuals, businesses, and enterprises, and the Institute of Decentralized Economics (IDE), a research body dedicated to the study and understanding of crypto and blockchain-based economics systems, have announced the launch of a new working paper on stablecoins.  Entitled “Stablecoin Protocols”, it explores the theories underpinning a…

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