Tag: Tethers
TRYB Stablecoin Backed by Turkish Lira From BiLira Ranks Second to Tether’s EURt in Non-Dollar-Backed Tokens
Still, even though TRYB looks to have gathered traction in Turkey, USDT remains dominant. In the past 24 hours, the USDT/TRY pair listed on the larges [...]
Crypto Exchange Coinbase (COIN) Will Suspend Trading with Tether’s USDT, MakerDAO’s DAI and RAI Stablecoins in Canada
“We regularly monitor the assets on our exchange to ensure they meet our listing standards,” the note sent to users reads. “Based on our most recent r [...]
Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills
Tether (USDT) continues to increase its treasury reserve holdings backing circulating USDT tokens, according to its latest financial attestation for t [...]
Tether’s Banking Relationships Detailed in Newly Released Legal Documents
On March 31, 2021, Tether claimed it had more than $35.5 billion in U.S. dollar equivalents at these institutions, according to the documents. They we [...]
Should We Worry About Tether’s Bitcoin-Buying Plan?
With the new bitcoin-buying plan, announced about a week after the attestation, Tether joins the ranks of a number of institutional behemoths hooverin [...]
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
www.coindesk.com [...]
Stablecoin Tether’s Market Capitalization Nears Record High of $83B
"When news about unlimited support for bank deposits made the rounds, bitcoin prices exploded from $20,000 to $28,000 within a matter of days," said T [...]
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation.
www.coindesk.co [...]
Tether’s USDT Cryptocurrency Market Share Among Stablecoins Rises to Highest Level in 15 Months
USDT’s market capitalization has grown some $5.3 billion this year so far to $71.6 billion, with $3 billion of the gains after mid-February. Circle’s [...]
Paxos Halt of BUSD Stablecoin Issuance Derails Binance Strategy for Global Dominance, With Tether’s USDT, Circle’s USDC, Maker’s DAI as Likely Gainers
In the largest BUSD pool on decentralized finance (DeFi) protocol Curve, where traders can swap between stablecoins, traders almost depleted the USDT, [...]
Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users
The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following FTX’s collapse.
www.coind [...]
Tether’s Paolo Ardoino Discusses Lugano’s ‘Plan B’ Bitcoin Progress
To that end, said Ardoino, rather than trying to go to quick mass use, it was more important that things worked properly and smoothly for the initial [...]
Tether’s Former Auditor Fined $1M by SEC for Sloppy Accounting
The SEC’s order, issued last Friday, details sloppy accounting practices that were common at Friedman LLP from 2015 to 2020, including its failure to [...]
3 reasons why USDC stablecoin dropping below $50B market cap is Tether’s gain
The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first [...]
Tether’s Tornado Cash Non-Compliance Is Less Brave Than You Think
The world’s largest stablecoin issuer won't freeze tainted addresses, for now.
www.coindesk.com [...]