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Nalezeno "Tether (": 2922

Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether's mad money

21.7.2021
Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what's going on with Tether's commercial paper reserves

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...

Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume

16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...

Cointelegraph Consulting: Stablecoin activity drops after May peak

16.7.2021
Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC

Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions

16.7.2021
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. Money Laundering...

Fed Chair says stablecoins need stricter regulation, speaks on CBDC

14.7.2021
He stated that stablecoins need stricter regulations if they are to be part of the payment universe

Stablecoin growth could affect credit markets, rating agency warns

5.7.2021
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry

Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether

2.7.2021
Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins

Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging

1.7.2021
Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction

Crypto Market Sentiment Slips, Tether Wins the Week

28.6.2021
With the blood being continuously spilled in the crypto market, no wonder the market sentiment was bleeding too. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins dropped again, moving lower towards the negative zone, now standing at 4.46 compared to last week's...

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...

Federal Reserve official: Stablecoin growth is 'exponential,' deserves 'attention'

26.6.2021
Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets

Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi

26.6.2021
The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools

CNBC host boldly reveals he sold his BTC amid depths of bear market

22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future

Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines

22.6.2021
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation

Crypto Market Sentiment in Neutral Zone; Tether Wins Week, Loses Day

14.6.2021
After climbing a short step up last week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins slipped to 5 from 5.15, according to the market sentiment analysis service Omenics. Ethereum (ETH)'s sentiment is still above bitcoin (BTC)'s, and is the only coin with...