Tag: Tether
Tether’s USDT Stablecoin Touches $100B Market Cap, Benefiting from Crypto Trading Frenzy
The company has, however, received a fair amount of scrutiny over the years for its opaque reserve management, having at one point risky backing asset [...]
Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article
When published, the story included several paragraphs on Harborne and AML. On Feb. 21, 2024, a week before the lawsuit was filed, an editor's note was [...]
Why Circle’s USDC Is Dumping Tron
Pulling up the drawbridge between Circle and Tron may be the latest sign of a growing divide between regulatory-compliant crypto firms (or at least th [...]
U.S. Regulators Do Have Some Control Over Stablecoin Tether: JPMorgan
“Stablecoin regulations, in particular, are set to be coordinated globally via the Financial Stability Board (FSB) across the G20, further constrainin [...]
The Evolution of Stablecoins into Commodities, Real Estate, and Crypto Baskets Redefines Digital Asset Stability
Another groundbreaking approach is stablecoins tied to a basket of cryptocurrencies, like DAI and wrapped bitcoin, offer stability while capturing the [...]
Oobit Raises $25M for Crypto Payments App in Series A Funding Round Led by Tether
"With the backing of industry leaders, this funding round marks a pivotal moment for Oobit, propelling us forward in our mission to allow a simple way [...]
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.
www.coindesk.com [...]
Tether Reports $6.2B Profit in 2023 as USDT Market Cap Grew to Record High
Through last year, the company booked $6.2 billion in net operating profits, with some $4 billion from interest earned on Treasury holdings. The compa [...]
The Answer Lies With Bitcoin, Not Stablecoins
Bitcoin, however, offers a truly decentralized option, getting us closer to freedom as non-domination. Bitcoin's decentralized nature prevents the typ [...]
Tether (USDT) Purchased 8.8K Bitcoin (BTC) at End of Q4
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
Does Howard Lutnick Know ‘the Truth’ About Tether?
Fresh in from the World Economic Forum, in Davos, Switzerland: Howard Lutnick, chairman and CEO of Cantor Fitzgerald, has reiterated claims that Tethe [...]
UN Alleges Major Tether Role in Illicit Activity in East Asia, Stablecoin Issuer Hits Back
The report by the UN Office on Drugs and Crime (UNODC) said that “Online gambling platforms, and especially those that are operating illegally, have e [...]
China calls for crackdown on Tether stablecoin over illegal forex trading – Cointelegraph
China calls for crackdown on Tether stablecoin over illegal forex trading Cointelegraph
cointelegraph.com [...]
S&P’s Stablecoin Report Is a Vote of Confidence for Crypto
That said, of the eight stablecoins S&P reviewed, several received lackluster scores. Most notably Tether’s USDT, the largest stablecoin by market [...]
The Tether Killer? A True Stablecoin Would Enhance Banking and Crypto
The serious, potentially fatal flaw with a stablecoin like Tether is the potential for a “run on the bank.” Any stablecoin that invests in anything ot [...]