Stablecoin
Stablecoin Issuer Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
The newspaper reported that the firm's assets outweigh its liabilities by just $191 million, implying a relatively "thin cushion of equity."
La provincia argentina de Mendoza ahora acepta criptomonedas para el pago de impuestos
Los pagos efectuados en criptomonedas se convertirían inmediatamente a pesos argentinos.
Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments
Crypto payments would be immediately converted to Argentine pesos.
Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps
The stablecoin is currently trading at 91 cents as speculation mounts over its sustainability.
Former CFTC Chair: Here's How SEC and CFTC Can Work Together to Regulate Crypto
Forming a self-regulatory governing committee “might be a way to develop standards for this market,” Timothy Massad said on CoinDesk TV’s “First Mover.”
Former CFTC Chair on Crypto and Stablecoin Regulation
Former CFTC Chairman Timothy Massad discusses why the current regulatory framework is “inadequate” and his concerns over the tug of war between SEC and the underfunded CFTC. Plus, what the Biden Administration can do for stablecoin regulation.
Tether Slashing Commercial Paper Holdings, New Auditor Confirms
BDO Italia has reaffirmed stablecoin issuer Tether’s consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 30. “The Hash” hosts discuss the BDO report and what it suggests about Tether and the current state of stablecoins.
HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
The HUSD team explained that the de-peg was caused by a market maker account that was closed, causing liquidity issues.
New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
BDO Italia said the holdings fell 58% to $8.5 billion at the end of the most recent quarter.
