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Salary payments in USDT stablecoin ruled as illegal in the Chinese court
6.7.2022
Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions
Tether continues to reduce commercial paper in sharp reduction since March
1.7.2022
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
17.6.2022
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than...
Justin Sun's Tron Reveals More Details of USDD Backing in a Move to Distance It from UST
6.6.2022
Crypto entrepreneur Justin Sun’s blockchain Tron (TRX) has revealed details about the backing of its new algorithmic stablecoin USDD in what appears to be an effort to maintain confidence in the project following the collapse of major algorithmic stablecoin terraUSD (UST)....
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These are the least 'stable' stablecoins not named TerraUSD
2.6.2022
Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse
Binance’s CZ says he is ‘skeptical’ about the Terra relaunch
1.6.2022
Binance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco
Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
31.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
26.5.2022
Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said
Tether reports 17% decrease in commercial paper holdings over Q1 2022
19.5.2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative, and liquid," said Paolo Ardoino
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
18.5.2022
After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
16.5.2022
Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum
$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus
15.5.2022
The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether's exposure to the U.S. credit system
Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins
12.5.2022
Established stablecoin trading pairs have struggled to keep stable at crypto exchanges around the world. Here are the updates as the situation evolves
Small-cap Stablecoins Struggle to Maintain Peg as Crypto Market Crashes
12.5.2022
Some smaller-cap stablecoins are struggling to maintain their targeted peg, which is mainly USD 1, amid a huge bloodbath in crypto that has wiped off billions from the market.
The development follows a depeg seen by Terra (LUNA)'s decentralized stablecoin UST, which seems to have placed...
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
18.4.2022
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin...
When Bitcoin Meets Inflation
8.4.2022
Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree.
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Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
11.3.2022
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors...
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
8.3.2022
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances...
Whales' stablecoin buying power grew over 7% in one month: Here's what it means
7.3.2022
Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%
Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
23.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News