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Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
3.5.2024
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether...
Woo X Introduces Tokenized US Treasury Bills for Retail Investors
22.4.2024
Woo X has launched a new product offering retail customers exposure to tokenized U.S. Treasury bills, the first of its kind for a cryptocurrency exchange. The product, called RWA Earn Vaults, was developed with London-based Opentrade and provides an interest-bearing account backed by U.S....
Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
22.4.2024
The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade
Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund
28.2.2024
Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
8.2.2024
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
6.2.2024
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s...
Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First
13.9.2023
Trading volume has climbed to around $50 million since the service was introduced last month
Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding Cash
3.8.2023
The USDT issuer Tether says it holds a lot of U.S. Treasuries and made a lot of money last quarter
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
1.8.2023
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its reserves by $850 million during this period, with...
Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills
31.7.2023
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion
Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
21.6.2023
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
21.6.2023
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve
Crypto Investing Platform Finblox Starts Offering Tokenized Treasury Yield With OpenEden
13.6.2023
Demand for tokenized versions of short-term U.S. government bonds has been increasing as crypto investors turn to real-world assets to earn returns on their investments
4 ‘emerging narratives’ in crypto to watch for: Trading firm
26.12.2022
The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with "real world utility" gain traction
BTC to outperform 'most major assets' in H2 2022 — Bloomberg analyst
6.10.2022
Global rate hikes are putting downwards pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks
Tether commercial paper exposure now under $50M, says CTO
4.10.2022
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...
The Relationship Between US Government Debt and Bitcoin, Explained
20.1.2021
Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC
Arca Labs Launches Ethereum-Based SEC-Registered Fund
6.7.2020
After nearly 20 months of back-and-forth, the Los Angeles money manager finally cleared what appears to be the first regulated fund represented by digital shares
The SEC Has Rejected Every Bitcoin ETF. This Firm Thinks It Has a Solution
7.11.2019
Wilshire Phoenix believes balancing funds between BTC and T-bills may convince the SEC that its bitcoin ETF proposal is better than the rest