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Filings Reveal that Only 74 Percent of USDT Is Backed by Short-Term Liquid Funds

According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart Hoegner stated that the companyRead MoreRead More. дальше »

2019-5-2 11:48


Stablecoin PAX Garners $10 Billion in Transactional Volume to remain at the Top of Trading Charts

In September 2018, a New York blockchain startup, Paxos Trust Company successfully launched the PAX token. The token has a complete 1:1 surety with the U.S. dollar; as such it offers a liquid digital option to cash and is available round the clock for immediate transactions and redemptions. Four months since its launch, PAX has […] дальше »

2019-2-2 01:25


USDC Ecosystem Spotlight: Exchanges Korbit and Liquid among six companies to support USD Coin in recent days

The ecosystem for USD Coin (USDC) continues to grow around the globe with exchanges in Japan and Korea joining more than 50 companies to support the fiat-backed stablecoin. Korea-based Korbit and Japan-based Liquid are just two of the latest exchanges to make USDC available for trading in recent days. Other дальше »

2018-11-13 19:29