Stablecoin


Markets

Market Wrap: Bitcoin Rises as Traders Accumulate Positions

Sentiment is improving as traders eye positive technical indicators.

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Policy

Stablecoins Are ‘Pretending’ to Be Currencies: ECB’s Lagarde

Stablecoins are not currencies, but rather, assets, ECB President Christine Lagarde said.

Alex Kraus/Bloomberg via Getty Images

Markets

Market Wrap: Bitcoin and Stocks Rise on Dovish Fed

Bitcoin returns above $48,000 as risk rally continues.

Bitcoin 24-hour chart, CoinDesk 20

Markets

Tether Starts Printing Again After 2-Month Pause

The issuer of the world's largest stablecoin has minted 2.3 billion new USDT tokens since the start of August.

tether new coin

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Markets

Tether Reveals More Details About Its Reserves

Roughly 93% of Tether's commercial paper and certificates of deposit holdings was rated A-2 and above, while 1.5% was rated below A-3.

(Shutterstock)

Markets

Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash

Though USDT and USDC still captured the largest market share, smaller stablecoins are trying to prove that they are backed by safer assets.

Stablecoins are going to continue to be a topic of conversation.

Markets

USDT Usage on Ethereum Shifts Away From Asia Daytime Hours

The changing trading patterns in USDT might be the result of China's recent crackdown on cryptocurrency mining and trading.

Chart shows USDT usage on Ethererum. Darker shades indicate more intensive trading activities. The usage pattern has shifted slightly later in the day in 2021.

Markets

Tether's Collapse Would Be Chaotic, Not Cataclysmic

Possible criminal charges against Tether executives will put even more pressure on a product that the market is already cooling on.

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Markets

USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report

Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.

Sign advertising Tether

Markets

Market Wrap: Bitcoin Climbs as Elon Musk Tames Shorts

Bitcoin and other cryptos rallied as Musk boosted bullish sentiment during The B Word conference.

Tesla CEO Elon Musk speaks during a livestream from Wednesday’s The B Word conference.