Category: USDT
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USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its […]
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in […]
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing […]
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will […]
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange.
The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities […]
Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total […]
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation […]
Tether’s cash and bank deposits also dropped 42% to 4.187 billion, while its allocation to money market funds increased 200% […]