Not All Cryptocurrencies Crashed This Weekend
It's been a rough few days for digital currencies, but stablecoins have lived up their name.
Timeline of Multi-collateral-dai, Gemini-dollar, Usd-coin, Tether, Terrausd
Will This Move By Tether Jeopardize The Crypto Market's Incoming Bull Run? - CoinPedia
The crypto market's crash in the recent past has been terrifying for the folks from the crypto sphere. As digital assets across the charts have exhibited double-digit losses. Billions from the market cap of the industry have gone Houdini. Which is currently at $2.3 trillion from the sky-high peaks of $3 trillion a couple of …
Tether Mints Three Billion USDT in Past Two Weeks - BeInCrypto
Tether has minted more than three billion USDT in the past two weeks, most recently minting one billion on the TRON blockchain on Dec 4. The post Tether Mints Three Billion USDT in Past Two Weeks appeared first on BeInCrypto.
Tether Whales Move Over $533,000,000 in USDT Amid Broad Digital Asset Market Correction – Here's Where the Crypto Is Going - The Daily Hodl
A severe market correction coincided with a surge in activity from crypto whales, who moved over half a billion dollars worth of stablecoins in a matter of hours, according to a whale-watching bot. As Bitcoin started to breach the $50,000 level at around 01:30: UTC on Saturday, hundreds of millions of dollars in crypto began The post Tether Whales Move Over $533,000,000 in USDT Amid Broad Digital Asset Market Correction – Here's Where the Crypto Is Going appeared first on The Daily Hodl.
Mass USDT, USDC issuing comes under regulatory scrutiny - Invezz
Tether's recent print of $1 billion USDT drew attention against the backdrop of US federal agencies' plan to press down on stablecoin issuers. Watchdogs' major concerns involve the issuance backings that have been proven to be misleading in the past. After Tether, Circle issued $5 billion, which had no way but to come under scrutiny, The post Mass USDT, USDC issuing comes under regulatory scrutiny appeared first on Invezz.
Stablecoin News: After Tether, Circle's $5 Billion USDC Issuance Comes Under scrutiny - Coingape
Tether's $1 Billion USDT print this week raised many eyebrows amid US federal agencies' plan to tighten their scrutiny around stablecoin issuers. The major concern for authorities lies with the issuance backings that have been found misleading in the past.
Stablecoins: How safe and stable are they? - CryptoSlate
The first thing most people do when entering crypto using a DEX is to exchange their fiat currency for stablecoins, which can later be exchanged for other tokens. The post Stablecoins: How safe and stable are they?
Tether Bends to Lawmakers Around the World on Stablecoin Concerns - BeInCrypto
Tether said over Twitter that the firm would work to cooperate with authorities to address stablecoin concerns and investor protection. The post Tether Bends to Lawmakers Around the World on Stablecoin Concerns appeared first on BeInCrypto.
US Senator Asks Coinbase, Gemini, Binance, Tether How They're Protecting Consumers - Bitcoin
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins,” the senator said. US Senator Raises Concerns Regarding Stablecoins U.S. Senator Sherrod Brown (D-Ohio),
Tether, Circle hit with information requests from U.S. Senator - AMBCrypto
They say opposites attract, and this is certainly the case when it comes to stablecoins and regulatory scrutiny. Now, Tether [USDT] and Circle [USDC] are in the spotlight yet again alongside other stablecoin issuers.
Senate Banking Committee Wants Clarity on Stablecoins: Sends Letters to Tether, Coinbase, Circle - CryptoPotato
US authorities continue to push for stablecoin clarity by sending letters to several such issuers, including Circle, Coinbaes, and Tether.