Tether
Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban
CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.

Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
“Tether is no longer a part of anything,” Jack Mallers said on the “What Bitcoin Did” podcast.

Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.

Fmr. CFTC Chairman Calls for Greater Regulatory Oversight of Stablecoins
Harvard University Kennedy School of Government Senior Fellow and former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad discusses his thesis that the popular stablecoin tether could face a disruption comparable to the Reserve Primary Fund "breaking the buck" in 2008. He also comments on CBDCs and the digital dollar he expects will be developed.

Disruption in Tether's Value Could Be Crypto Equivalent of 'Breaking the Buck': Former CFTC Chairman
Timothy Massad compared the hypothetical occurrence to the collapse in NAV of the Reserve Primary Fund in September 2008.

Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin
The company's recent move is more about policy than price. Plus: Did this week mark the start of a meaningful shift in the stablecoin market?

Tether's First Reserve Breakdown Shows Token 49% Backed by Unspecified Commercial Paper
The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.

The Stablecoin Tether Is Now Listed for Retail Trading on Coinbase
Coinbase has expanded its support for Tether. Previously only available on Coinbase Pro, customers will now be able to purchase USDT on the retail application. CoinDesk's Nik De discusses the addition of Tether to Coinbase. Plus, an update on the arrest of the founder of Bitcoin Fog, an illegal bitcoin mixing service.

Coinbase Expands Support for Tether Stablecoin
After adding the stablecoin to its Pro platform, Coinbase says USDT is now available for general users.

