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Tether updates, transparency reports, and insights into the role of stablecoins in global finance.

Stablecoins

Bitfinex CTO plays down reports that Tether was in trouble

Paolo Ardoino addressed the crypto community on May 12 to reassure investors that Tether was never under threat.

4 years ago

Stablecoins

You can redeem Tether USDT 1:1 on tether.to but there’s a catch

Regardless of the price on centralized exchanges and DEXs tether remains adamant that you can always redeem on tether.to for 1 dollar

4 years ago

Stablecoins

Gold-backed digital assets outperform Bitcoin, Ethereum

PAXG has risen by 7.4% in 2022, while its closest competitor, XAUT, has increased by 8.5% within the same period.

4 years ago

Adoption

Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender

The progressive Swiss town wants to become a cryptocurrency hub in the center of Europe.

4 years ago

Stablecoins

Tether latest reserve attestation shows slash in commercial paper

Tether’s treasury bills and money market allocation increased significantly by 77.6% and 200%, respectively.

4 years ago

Adoption

Tether to transform Lugano into Europe’s Bitcoin capital

The Swiss city teams up with Tether in a bid to become Europe's Bitcoin mecca.

4 years ago

Stablecoins

Stablecoins total market cap just surpassed $150 billion

The total market cap of all stablecoins surpassed $150 billion on Monday. Tether’s USDT is still the largest stablecoin on the market, but Center’s USDC is catching up.

4 years ago

Stablecoins

Circle’s USDC is silently closing the gap to Tether

Circle-backed stablecoin, USDC, now controls around 30% of the stablecoin market share after minting its 50 billionth token.

4 years ago

Stablecoins

USDC supply surpasses USDT on Ethereum

The amount of USDC stablecoin issued on the Ethereum blockchain has surpassed that of the number one stablecoin USDT. The “flippening” is telling of the recent growth of USDC.

4 years ago

Legal

Tether freezes three Ethereum addresses holding $150 million in USDT

Tether had earlier blacklisted 312 Ethereum addresses in 2021.

4 years ago

Banking

Consortium of U.S. banks looking to launch bank-issued stablecoin

An association of FDIC-insured financial institutions launched Wednesday, with a mission to build a network of banks to further the adoption and interoperability of a bank-minted stablecoin.

4 years ago