WSJ: Tether would be ‘technically insolvent’ if assets fell by 0.3%
A 0.3% drop in reserve assets could push the issuer of the stablecoin Tether to 'technical insolvency'. The Wall Street Journal concluded as much.News about the stablecoin Tether (USDT).
WSJ: Tether would be ‘technically insolvent’ if assets fell by 0.3%
A 0.3% drop in reserve assets could push the issuer of the stablecoin Tether to 'technical insolvency'. The Wall Street Journal concluded as much.
Tether declines to freeze Tornado Cash addresses without law-enforcement requests
The issuer of the USDT stablecoin—the company Tether—refused to freeze addresses associated with the Tornado Cash transaction-mixing service without proper requests from law enforcement authorities.
Fifth-largest global accounting firm confirms Tether reserves back USDT
BDO Italia has presented an opinion on the sufficiency of Tether Holdings' reserves to fully back the USDT stablecoin.
Tether calls hedge-fund shorting of USDT ‘categorically erroneous’
Hedge funds that decided to open a short position in USDT after the Terra collapse, 'on a fundamental level do not understand the principles of how the cryptocurrency market and Tether operate,' the issuer of the stablecoin said.
Bitfinex: history, features and leadership
When did Bitfinex launch? Who founded it? Who was involved in the platform’s biggest hack, in 2016? Explained in cards.
Tether pledges to zero out exposure to commercial paper in its reserves
The collateral portfolio backing the Tether (USDT) stablecoin contains no securities issued by Chinese companies. Its issuer pledged to bring the share of commercial paper to zero by November from the current $3.7 billion.
Arcane Research: USDC to overtake USDT in market capitalization this autumn
Arcane Research forecast continued growth in USDC's market capitalization from Circle and a further decline in the market share of the largest stablecoin — USDT from Tether.
Bitfinex, Tether and Hypercore unveil encrypted P2P video-chat app Keet
Bitfinex, Tether and Hypercore launched Holepunch to create fully encrypted P2P applications and unveiled the first of them — the video-chat Keet app.
WSJ: Hedge funds build up short positions in USDT
Among cryptocurrency-focused hedge funds, the number of short positions in the stablecoin USDT is rising amid negative market conditions and the collapse of Terra's ecosystem. The Wall Street Journal reports.
Tether to launch stablecoin pegged to the British pound
The issuer of the largest-stablecoin by market capitalization, USDT, announced the launch of the 'stablecoin' GBPT pegged to the British pound.We use cookies to improve the quality of our service.
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