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Nalezeno "Tether (": 2007

Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface

25.7.2021
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens...

Paxos Standard Presents Assets Backing Its Stablecoins

23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...

Bitstamp to List Tether Euro (EURt) on Site and App

22.7.2021
Bitstamp has announced that they will be releasing Euro (EURt) on their app and website for trading purposes. Stablecoin has grown by 300 percent this year, reaching a market capitalization of almost $110 billion. For the first time, the volume of total on-chain trade has surpassed $700 billion...

Tether promises an audit in 'months' as Paxos claims USDT is not a real stablecoin

22.7.2021
Tether’s general counsel said a full audit is coming in months

A Warning From SEC Chair, Bitcoin Miners Go Public, Euro Tether + More News

21.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Regulation news "Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or any other...

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...