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Nalezeno "Tether": 3915

Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses


Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...

Australian Firm to Accept Tether in Sydney Stock Exchange IPO Bid


The Australian capital-raising platform STAX has announced that its client the West Coast Aquaculture Group (WCA) is to become the country’s first business to launch an initial public offering (IPO) that will accept a blockchain-powered token, the stablecoin tether (USDT), as part of...

China Drafts Law to Legalize Digital Yuan, Outlawing Competitors


China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...

Imagine Regulators Shutting Tether Down - What Happens to Bitcoin?


Bitcoin (BTC), as a cryptoasset, is tethered to tether (USDT) tightly. Ever since becoming tradable in 2015, USDT has come to occupy an increasingly important part of the bitcoin and wider cryptocurrency ecosystem. Now, USDT is the third-biggest token by market capitalization, and by virtue...

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