Independent Tether attestation reveals 58% decrease in commercial paper holdings

2022-8-22 19:45

An independent review from the accounting firm BDO reported that the stablecoin issuer's total assets exceed its consolidated liabilities. origin »

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Independent Money System (IMS) на Currencies.ru

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independent stablecoin issuer reported bdo total assets

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Источник: cointelegraph.com

independent stablecoin → Результатов: 23

Diem tells senators on the warpath over Novi: We’re not actually Facebook

In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization.”

2021-10-21 03:47
facebook diem stated projects wallet crypto independent

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OCC allows national banks to operate nodes and stablecoin networks

The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs).

2021-1-5 14:42	Cryptocurrency
banks occ node networks national nodes savings

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EOS-Based DeFi, Equilibrium, Adds Binance, Eosfinex to EOSDT Stablecoin Governance Council

According to official reports, the two companies joined the council alongside independent block producers, EOS Nation and EOS Cannon, to provide oversight over approval of contracts and amendments made on smart contracts on the EOSDT stablecoin blockchain.

2020-5-23 20:37	EOS (EOS)
eos stablecoin contracts eosdt council cannon provide

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Komodo launches stablecoin module collateralized with BTC-based assets

Komodo, a multi-chain architecture project that lets users build their own customizable, sovereign, and independent blockchains or “Smart Chains” today announced the rollout of new features that allow for the creation of stablecoins collateralized with Bitcoin protocol-based cryptocurrencies.

2020-2-10 23:03
collateralized komodo smart rollout chains today announced

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Ethereum (ETH) Prices Back to Green, Surge 7% in 24 Hours

Ethereum (ETH) adds 7. 6 percent Facebook’s Libra is more popular than ETH An independent research from eToro reveals that investors are more aware of Libra, a Facebook stablecoin set for launch in 2020, than Ethereum (ETH).

2019-7-25 22:00	Libra
eth ethereum hours green back libra prices

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Results from the Most Recent TrueUSD Stablecoin’s Third-Party Audit

TrueUSD stablecoin recently went through a third-party audit. The audit verified that the platform indeed has U. S. dollar reserves sufficient to back the TUSD in circulation. An independent accounting firm released the results of the audit in an Independent Accountant’s Report.

2019-5-18 08:50
audit results report independent trueusd stablecoin third-party

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TrueUSD Audit Shows Full US Dollar Backing

TrustToken, the organization behind the TrueUSD stablecoin, announced that an independent audit found that its tokens had full backing in U.S. dollars

2019-4-10 22:59
trueusd backing audit full found independent had

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Terra to launch independent Delegated Proof-of-Stake (DPoS) blockchain

CryptoNinjas Terra, a global project building the next-generation payment system powered by its stablecoin, has officially announced the development of its public blockchain. The upcoming Terra protocol utilizes the Cosmos SDK and runs on Tendermint, a Byzantine Fault Tolerant Proof-of-Stake (PoS) consensus algorithm developed in 2014 by Jae Kwon,.

2019-4-2 08:51	Terra
terra proof-of-stake blockchain dpos delegated launch independent

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Nollar Stablecoin Makes a Successful Debut with Independent Audit Firm Attestation

Stablecoins has been in vogue recently, which is hardly surprising as this variation of digital assets provides investors with a safe harbor in the rough seas of cryptocurrency markets.

2019-3-25 21:09	News
digital assets provides variation safe seas cryptocurrency

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Circle Releases USDC Attestation Report Performed by Grant Thornton LLP

Circle is the provider of the USDC stablecoin, which is required to maintain a 1:1 ratio with the company’s liquidity at all times. The company posted a blog today to announce the publication of their attestation report, vouching for their US dollar reserves.

2019-3-19 14:06	News
report company llp circle thornton attestation usdc

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$200 Million Crypto Stablecoin TrueUSD Launches Instant Fiat Redemption

TrueUSD celebrated its first birthday on Tuesday, and the $200 million USD-pegged cryptocurrency stablecoin commemorated the occasion with two major announcements that could help buttress it as it seeks to supplant $2 billion Tether (USDT) as the market’s leading stablecoin.

2019-3-5 21:20
stablecoin trueusd 200 million real-time accounting redemption

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New Report Analyzes the State of the Stablecoin Market

While the stablecoin market has made significant strides in the past year, there is still much work and progress to be done in order for these to reach their full potential, according to a new report.

2019-2-21 06:09	Stablecoins
market new stablecoin report state analyzes hype

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TrustToken Says It Passed 3 Security Audits With No Bugs Found

TrustToken says its tech has passed three independent security audits, while its stablecoin is now seeing trading volume over $1 billion a month.

2018-12-19 20:00
audits trusttoken security says passed seeing month

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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum

Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat.

2018-11-28 01:21	Digital assets
tether fiat one new exchange skeptics however

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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC

Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.

2018-11-22 22:05	Digital assets
attestation account usdc thornton report grant data

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Coinbase Custody Receives License from NYDFS, Coinbase Exchange Lists USDC Stablecoin

Coinbase Custody has acquired a license under New York State Banking Law to operate as an independent Qualified Custodian. “Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS),” reads Coinbase’s latest blog post.

2018-10-24 04:42	Cryptocurrency News
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People’s Bank of China Recommends Yuan-Pegged Stablecoin

An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency.

2018-10-12 16:00	OKEx
china stablecoin people yuan-pegged bank pboc recommends

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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain

Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).

2018-9-11 01:58	Investing
gemini paxos standard dollar stablecoins tokens ethereum

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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work

There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.

2018-6-14 22:01	Digital assets
tether bitfinex tokens price dollars bitcoin one

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Crypto Exchanges Witness Historic Institutional Surge: Binance Takes the Lead in 2024

The cryptocurrency exchange market appears to have undergone a transformative shift in 2024, driven largely by a significant uptick in institutional activity. According to insights shared by CryptoQuant on its QuickTake platform, major exchanges are witnessing unprecedented growth in Bitcoin and USDT deposits.

Crypto airdrops are rigged against themselves, report says

Node Capital just released a report titled “Airdropping: Some Truths,” revealing that airdrops are not risk-free promotions and offer few benefits. A new report claims that token airdrops are expensive practices without long-term promotional value. The report claims that airdrops…

Bitcoin ETF outflows hint at market bottom, Bitfinex reports

Bitfinex links $544.1 million Bitcoin ETF outflows to potential market bottom, amid a decrease in BTC futures open interest. The post Bitcoin ETF outflows hint at market bottom, Bitfinex reports appeared first on Crypto Briefing.

2022-8-22 19:45

independent stablecoin → Результатов: 23

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