New Market Crash – What Can Happen to the Main Stablecoins?
Circle and Tether, the two firms behind renowned stablecoins USDC and USDT, have distanced themselves from FTX amid the exchange’s fall. The CEO of Circle, Jeremy
Tether (Latest Publications)
Tether Increases Its US Treasury Portfolio
As per the latest tweet of the CTO of Tether, Paolo Ardoino, the stablecoin issuer has cut down its commercial paper holding. Tether’s commercial paper holding
Tether Fights Back After WSJ Article “is a Series of Unsubstantiated Conclusions”
The Wall Street Journal accused Tether of not adequately backing its stablecoin, USDT. In response, Tether has termed the report a series of unsubstantiated conclusions. Moreover,
Tether Hires World’s Fifth Largest Accounting Firm to Make Monthly Reports
Tether Holdings Limited, world’s largest stable coin issuer, has appointed BDO Italia, the Italian branch of the world’s 5th largest accounting firm, Binder Dijker Otte, to
USDT, USDC Confirm Support for ETH Proof-of-Stake Transition
Leading stablecoins, Tether (USDT) and USD Coin (USDC) have announced their support for the highly anticipated Ethereum’s changeover to Proof-of-Stake (PoS) consensus in its upcoming upgrade,
The Circulating Supply of Tether USDT Increases After Three Months of Declining Trend
Tether USDT is the most used stablecoin in the crypto industry. Previously, its circulating supply was suffering a downward trend. However, the supply of Tether has
Hedge Funds Are Shorting USDT – Tether CTO Responds
The disruption in the crypto market has led to several unexpected events in the crypto industry. It was recently reported that several traditional hedge funds have
Tether Debunks False Rumors
Over the course of the past few days, there have been multiple rumors floating around the internet about Tether. Rumors state that about 85% of Tether’s
Exchange Between the Russian Ruble and Tether Soars as the Market Recovers
After the EU, Canada, and the US agreed to remove selected Russian banks from the SWIFT messaging system, the crypto trading between Russian Ruble and Tether (USDT) stablecoin is on the rise as national currency crumbles on Monday amid sanctions.
Court Dismisses Some of The Claims Against Tether and Bitfinex in Market Manipulation Lawsuit
A New York has dismissed many of the allegations made by the plaintiff against USDT stablecoin issuer Tether and crypto exchange Bitfinex in a class-action lawsuit that alleged both companies of market manipulation.
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