Stablecoins

Stablecoins

Markets

Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange

Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.

Tether's USDT was trading at around $1.10 on Ukrainian crypto exchange Kuna on Thursday. (Kuna)

Markets

Ukraine's Wealthy Finding It Hard to Buy Crypto Amid Geopolitical Tension

A local crypto exchange founder says traders are clamoring for USDT.

Michael Chobanian, founder of the Ukrainian crypto exchange Kuna, spoke on "First Mover" Wednesday. (CoinDesk TV screenshot)

Markets

Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve

LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA.

(Annie Spratt/Unsplash)

Finance

Tether Slashes Commercial Paper Holdings by 21%

The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.

USDT is the largest stablecoin by total supply. (DrawKit Illustrations/Unsplash)

Videos

Key Takeaways From Senate Banking Committee Hearing on Stablecoins

CoinDesk's Nikhilesh De discusses the state of crypto regulation following Tuesday's Senate Banking Committee hearing on stablecoins.

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