Research: USDC on track to flip USDT by Q3 to become leading stablecoin

The second biggest stablecoin by market cap, USDC, is expected to overtake USDT, according to analysts at Arcane Research. The post Research: USDC on track to flip USDT by Q3 to become leading stablecoin appeared first on CryptoSlate.

Timeline of Usd-coin, Tether

Tether reiterated that it holds no Chinese commercial paper and said that the spreading of false information is the biggest threat to the crypto industry today so let's read more today in our Tether latest news.

Binance cryptocurrency exchange has announced that its users can now deposit their Tether (USDT) stablecoins on the platform via the Tezos (XTZ) protocol. The integration comes barely one week after the USDT stablecoin went live on the Tezos blockchain.

Tether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.

OKX has developed additional OKX Chain bridges that will provide smarter, more efficient and more affordable on-chain trading for usersUsers trading Tether tokens on OKC will not be charged any fees when they withdraw.

Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is backed by 85% Chinese or Asian commercial papers. The post Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves appeared first on BeInCrypto.

Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement by the company, Tether says that it does not hold any Chinese paper, and such “false information” is a threat to the industry.

Stablecoin issuer Tether said today — seemingly for the first time — that it holds no Chinese commercial paper. The post Tether says that it holds no Chinese commercial paper appeared first on The Block.

One of the more unsettling events in the stablecoin sector occurred in May when Terra's UST lost its 1:1 dollar peg. Chaos resulted from the de-peg, which also utterly destroyed Terra's legitimacy.

The stability of Stablecoins has been the biggest question in the crypto industry after the recent collapse of Terra's UST. However, many different stablecoins are trying hard to fill the gap made due to it.

In Todays Headline TV CryptoDaily News: Tether and Bitfinex enter new project Peer-to-peer application building platform Holepunch announced the alpha launch of its encrypted video calling application called Keet, backed by stablecoin issuer Tether, crypto platform Bitfinex, and distributed systems developer Hypercore. Crypto.com approved as crypto broker by Cyprus SEC.