USDT
Circle CEO Jeremy Allaire on Stablecoins
Jeremy Allaire of neo-bank Circle digs into the world of stablecoins as the issuer of the second-largest stablecoin by market cap USDC. He joins "First Mover" live from the 2021 SALT Conference in New York to share his insights into USDC's backings, growth of stablecoins, tether (USDT)'s reserve breakdown, and his reactions to Coinbase receiving a SEC Wells notice over its lending product. Plus, insights into Circle's future plans as it prepares to go public.
Stablecoins Are ‘Pretending’ to Be Currencies: ECB’s Lagarde
Stablecoins are not currencies, but rather, assets, ECB President Christine Lagarde said.
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.
Poly Network Hacker Releases Private Key for Remaining Looted $141M
In a note to the Poly Network team, the attacker referred to the saga as "one of the most wild adventures in our lives."
Messari CEO Ryan Selkis on Bitcoin, Stablecoins and Crypto Regulation
Bitcoin is down about 1.3% over the past 24 hours. The next support is seen at the $42,000 breakout level, which could stabilize the pullback. Messari Founder and CEO Ryan Selkis discusses his positive analysis and outlook for bitcoin, explaining why he’s a “perma-bull.”
Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.
Breaking Down the Market Reaction to Gensler’s Crypto Remarks
Sam Trabucco, co-CEO of quantitative trading firm Alameda Research, breaks down the crypto market activity following SEC Chair Gary Gensler’s remarks at the Aspen Security Forum. Plus, his take on what people are getting wrong about stablecoin tether (USDT).
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.
Crypto Long & Short: What's Going On With Tether?
Since the end of May, tether's growth has gone completely flat.
What Drove This Week’s Bitcoin Rebound?
Bitcoin’s price is up about 23% over the past week and is on course for its 10-day winning streak, the longest since October 2015. CoinDesk’s Brad Keoun and George Kaloudis review the recent events that could have brought BTC to this point.
