2024-8-21 18:55 |
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said. origin »
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Tether, the issuer of the world’s largest stablecoin USDT, has reportedly liquidated the loan advanced to struggling crypto lender Celsius. According to the firm, its liquidation of the overcollateralized loan did not result in any losses on its part, and that the loan was indeed a very small portion of its shareholder equity.
2022-7-9 21:36 | |
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The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.
2022-7-9 20:15 | |
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The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far.
2022-7-1 19:30 | |
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Stablecoin issuer Tether has cut its commercial paper holdings to $8.5 billion, with a further reduction to $3.5 billion planned for the end of the month.
2022-7-1 17:34 | |
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USD Coin (USDC) issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for the stablecoin’s reserves, Circle announced June 28.
2022-6-29 22:33 | |
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Tether CTO Paolo Ardoino has reiterated the stablecoin issuer’s stance that its operations, products and portfolio is indeed as strong as ever. Ardoino’s comments, shared in a long Twitter thread on Monday, come amid what has been reported as a “coordinated attack” on Tether’s USDT by hedge funds after LUNA/UST’s collapse.
2022-6-28 21:02 | |
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Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso.
2022-6-23 16:53 | |
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Tether, the issuer of leading and largest US dollar-pegged stablecoin USDT, has announced plans to launch another stablecoin, the company said on Wednesday. The new offering will be pegged on the British Pound, the firm said, with the ticker symbol GBPT.
2022-6-23 16:04 | |
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Stablecoin issuer Tether plans to launch a new coin that is pegged to the British pound in July.
2022-6-22 11:27 | |
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To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin […] The post This Week In DeFi – June 17 appeared first on DeFi Rate.
2022-6-18 19:47 | |
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Does the world need Euro Coin? There are already stablecoins pegged to the Euro in the market. The difference here, however, is Circle. As the issuer of the well-regarded USDC, they have the reputation, the know-how, and the clientele to make this happen.
2022-6-17 22:47 | |
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Circle, the issuer behind the USD Coin (USDC) stablecoin, will launch a new stablecoin that is backed by the Euro by the end of this month. The post USDC Issuer Circle is launching Euro Coin (EUROC), a new Euro-backed stablecoin appeared first on CryptoSlate.
2022-6-17 20:00 | |
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The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions.
2022-6-16 16:00 | |
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The stablecoin issuer Tether has dismissed rumors concerning the heath of its commercial paper portfolio as completely false and likely spread to induce further panic. Tether Condemns False Backing Rumors...
2022-6-16 14:45 | |
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Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers.
2022-6-16 11:32 | |
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The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability.
2022-6-13 14:44 | |
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Circle, a USDC stablecoin issuer, is incorporating the use of Polygon USDC into its payment system. The organization stated this on Tuesday, June 7. As a result, operations on Circle APIs will now take a new dimension for developers.
2022-6-10 14:00 | |
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As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT.
2022-5-21 17:00 | |
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The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio. “Over time, we will keep reducing the commercial paper, we aren’t finished yet with the reduction.
2022-4-15 22:20 | |
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Stablecoin issuer and renowned crypto firm Circle has secured a $400 million funding round led by several investment managers and other financial companies, notably: BlackRock, Inc., Fidelity, Fin Capital, and… The post BlackRock, Fidelity and Others to Invest $400M in Stablecoin Issuer Circle appeared first on CoinCentral.
2022-4-14 00:20 | |
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USDC stablecoin has landed a $400 million funding round from some high-profile investors of the likes of Blackrock
2022-4-12 17:28 | |
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The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations.
2022-4-12 16:11 | |
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BlackRock and Fidelity headlined the stablecoin issuer's latest funding round, which follows a $440 million raise from last May.
2022-4-12 15:55 | |
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The Ukraine vice prime minister, Mykhailo Fedorov, has asked Tether, the largest stablecoin issuer, to stop transacting with Russian users. This comes as Ukraine continues to advocate for more action that will halt the Russian invasion of the country.
2022-3-15 13:30 | |
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The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.
2022-3-10 17:00 | |
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Lugano has fully embraced cryptocurrencies after partnering with Tether, the leading stablecoin issuer. However, it didn’t go as far as El Salvador
2022-3-4 22:14 | |
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Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The USDT issuer has reduced its reserves allocation to commercial paper by over 20%.
2022-2-24 21:00 | |
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Fran Strajnar is the co-founder of Techemynt, the issuer of the NZDS, a New Zealand Dollar (NZD) Stable Coin backed 1:1 with physical New Zealand Dollars in a cash and cash equivalent treasury managed by a New Zealand registered financial services provider.
2022-2-16 03:30 | |
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The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year.
2020-6-15 21:00 | |
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While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
2020-3-4 23:04 | |
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STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.
2020-3-4 22:10 | |
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Malta-based STASIS, a technology provider and issuer of the most widely used Euro-backed stablecoin, EURS, today announced the launch of the STASIS Wallet equipped with SEPA (Single Euro Payments Area) integration, to establish a frontend solution for licensed financial services in Europe.
2020-3-5 20:23 | |
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The first blockchain-based settlement of US equities was claimed by Paxos, the New York-regulated cryptocurrency startup, Instinet, the broker dealer owned by Nomura, and Credit Suisse. The announcement that the Paxos Settlement Service is live has been made on Wednesday.
2020-2-21 23:29 | |
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The famous stablecoin issuer Tether and the blockchain forensics company Chainalysis have closed a partnership for Tether to improve the tools that it uses against money laundering. The announcement that Tether will apply the token issuers’ Know Your Transaction tool from Chainalysis was made on Wednesday.
2020-2-13 19:48 | |
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Coinspeaker Tether Is to Issue New Stablecoin Backed by GoldTether, the issuer of USDT, announced a new gold-backed stablecoin. This token is said to be issued on the Ethereum and Tron blockchains.Tether Is to Issue New Stablecoin Backed by Gold
2020-1-24 11:01 | |
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Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market have been combined in federal court, with the stablecoin issuer promising to fight the claims.
2020-1-18 01:05 | |
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Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.
2020-1-18 01:05 | |
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Tether, a stablecoin issuer implemented a cross-platform swap of $15 million worth of Tether to Liquid, operated by Blockstream from Ethereum. Liquid is a federated sidechain which runs parallel to the BTC blockchain.
2020-1-9 18:38 | |
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Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
2019-8-1 23:30 | |
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Blockstream's sidechain, Liquid Network, will now play host to its own version of Tether's stablecoin, dubbed Liquid USDT. As of today, Liquid USDT will be available for withdrawal and deposit on Bitfinex's platform, the stablecoin issuer's affiliated crypto exchange.
2019-7-30 23:46 | |
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Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.
2019-7-16 16:42 | |
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Tether, the issuer of the USDT accidentally issued $5 billion worth of its own stablecoin while Poloniex was conducting a USDT chain swap from Omni to Tron. The CTO of Bitfinex and Tether said there had been an issue with the “token decimals,” after which the company burned the entire 5 billion supply.
2019-7-16 06:00 | |
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Bitfinex has reportedly forked over $100 million of a $700 million debt it owes stablecoin issuer Tether, leading some to believe the crypto exchange may have reached its LEO token sale goal of raising $1 billion.
2019-7-2 19:20 | |
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Bitfinex said it has paid back $100 million of the $700 million borrowed from stablecoin issuer Tether.
2019-7-2 17:50 | |
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Top crypto exchange Binance and stablecoin issuer Paxos have partnered to integrate a new fiat deposit gateway on Binance’s flagship trading platform
2019-6-28 09:10 | |
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CENTRE is open for business! We're inviting broader membership and industry participation. Read about the criteria for becoming a USDC issuer, the inner workings of the network, and future technology development and roadmap.
2019-6-14 17:33 | |
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Bitfinex and its affiliated stablecoin issuer Tether have obtained a stay of demands for which they applied on May 21
2019-5-22 21:41 | |
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It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block.
2019-5-22 11:12 | |
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A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
2019-5-22 22:25 | |
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Coinbase Q3 earnings preview
The launch of options on spot bitcoin exchange-traded funds will reduce the incentives to hold MicroStrategy stock over BTC ETFs, the report said.
Stablecoins have emerged as the main use-case for blockchains, especially for cross-border payments, the report said.
The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.
Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said.
The Wall Street bank updated its models and price targets for the miners to account for second quarter results and changes in the price of bitcoin and the network hashrate.