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Nalezeno "stablecoin USDT": 25

Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study

31.3.2024
Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites statistics indicating that ownership continuity is disrupted in 91% of cases involving a transition from crypto...

Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research

20.2.2024
Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day grace period to Alameda Research for the settlement...

Blockchain Startup Figure Technologies Seeks US Regulatory Approval for Interest-Bearing Stablecoin

23.1.2024
Financial technology company Figure Technologies is seeking approval from US regulators to introduce an interest-bearing stablecoin. Founded by former SoFi Technologies CEO Mike Cagney, if successful, Figure will become the first company to offer a stablecoin regulated as a security within...

Stablecoin Dominance Hits Lowest Since December 2021 Despite Record Monthly Supply

21.12.2023
Source: AdobeStock The entire stablecoin market cap dominance fell to 8.07% in December, recording the lowest market share since December 2021, despite adding the largest monthly supply last month since February 2022. The total market capitalization of stablecoins rose 3.43% to $128 billion...

New Proposal: Hong Kong Should Issue Stablecoin to Rival USDT and USDC

4.7.2023
In a revolutionary move, Hong Kong is exploring the idea of launching its Stablecoin, HKDG, to rival established Stablecoins like USDT and USDC. As reported by Wu Blockchain, the proposal, co-authored by prominent figures in academia and industry, including Vice Chancellor Wang Yang and angel...

Tether Stablecoin Recoups Lost Market Value in 2022 Crash, Topping $83.2 Billion

1.6.2023
Tether, the largest stablecoin in the market, has seen its market capitalization hit a new record high, exceeding $83.2 billion. The stablecoin, which is pegged at one-to-one with the U.S. dollar and is backed by reserves of cash and cash-equivalent assets, has recovered the $20 billion in market...

Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

17.5.2023
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings

Ondo Finance Plans Yield-Generating Stablecoin Alternative For Institutional Investors

13.4.2023
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield

Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins

15.2.2023
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny

Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves

15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...

Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto Policy Council with US Politicians

8.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto...

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

23.9.2022
Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days...

Tron is Eating into Ethereum’s Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival

24.7.2022
Tron (TRX) has long been the butt of jokes and insults from much of the crypto sector, stretching back to 2019 (and even earlier) and continuing to the present day. Yet in the past year or so, it has become an increasingly hard-to-ignore Ethereum (ETH) rival, exemplified by the fact that...

Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit

15.6.2022
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized...

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

14.6.2022
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows...

Bitcoin price sees 'hell of a reversal candle' as 168,000 BTC leaves exchanges

13.5.2022
Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%

USDT vs. USDC vs. UST: How Do They Compare?

7.5.2022
Stablecoins are taking an increasingly growing market share of the overall crypto markets as the demand for digital dollars continues to rise among crypto investors. Read on to learn about the similarities and differences between USDT, USDC, and UST in this stablecoin comparison guide. Tether...