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Nalezeno "us stablecoin": 3976

New Stablecoins Commence a Fresh Assault on Tether


Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone....

ETF Giant WisdomTree Plans to Launch a Stablecoin


Jonathan Steinberg, CEO of WisdomTree. Source: a video screenshot, Youtube, WisdomTree ETFs There are new developments coming from the New York-based international investment giant WisdomTree Investments, as it now plans to launch a stablecoin, and it wants to do so ahead of the competition. It's...

Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District


Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...

Stablecoins Are Crypto’s Version of Fractional Reserve Banking


Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

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