Tether Completes First-Ever Oil Deal Worth $45 Million
TL;DR Tether has completed its first USDT crude oil transaction in the Middle East, financing 670,000 barrels of oil worth $45 million. The operation strengthens the
stablecoin (Latest Publications)
Wintermute’s Latest Proposal Aims to Reward Ethena Stakers with Revenue Share
TL;DR Wintermute has proposed a governance change to reward Ethena (sENA) token holders by introducing a “fee switch” to allocate a portion of Ethena’s revenue directly
Paxos and Major Crypto Players Unveil USDG Stablecoin Backed by the U.S. Dollar
TL;DR Paxos, along with major crypto firms like Robinhood and Kraken, has launched the Global Dollar (USDG) stablecoin, designed to accelerate stablecoin adoption globally. The USDG
Paolo Ardoino Reveals the Truth About Tether’s Official Blockchain Launch
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across
Paxos Launches USDG Stablecoin Fully Backed by USD Reserves
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore’s DBS Bank, complying with the Monetary Authority of Singapore’s
Tether Reaches New Milestones with $2.5 Billion Q3 Profit and Record USDT Issuance
TL;DR Tether reports a record-breaking $2.5 billion profit for Q3 2024, bringing its cumulative profit for the year to $7.7 billion, driven by growing demand for
Agora Launches AUSD Stablecoin on Injective Mainnet with Institutional Backing
TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by
Solayer Launches sUSD, Solana’s First Yield-Bearing Stablecoin
TL;DR Solayer launches sUSD, the first synthetic stablecoin backed by real-world assets on Solana, offering an annual yield of 4% to 5% without staking. Backed by
Circle Unveils Privacy-Boosting ERC-20 Standard with Inco Network
TL;DR Circle and Inco Network introduce the Confidential ERC-20 Framework to enhance blockchain privacy while maintaining regulatory compliance. The framework uses Fully Homomorphic Encryption (FHE) to
Tether’s Reserve Breakdown Exposed: $9.45B in Bitcoin, Gold, and U.S. Treasuries
TL;DR Tether reveals a diversified reserve of over 82,000 Bitcoin, 48 tonnes of gold, and over $100 billion in U.S. Treasuries. CEO Paolo Ardoino addresses market
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