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.
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Circle, the official issuer of USDC, the second largest stablecoin by circulating supply, has frozen $63 million from the Multichain hack. Compiled Etherscan data on July 7 shows that the stablecoin issuer froze $27.
2023-7-8 05:00 | |
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Industry-leading stablecoin issuer is having some problems
2023-2-13 12:11 | |
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Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.
2023-2-3 22:49 | |
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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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Since its launch, Tether, the company behind the top USD-pegged stablecoin USDT has helped recover more than $87 million sent to wrong addresses, The Block reports, January 22, 2022. Tether Has Recovered Over $87 Million in USDT Transferring cryptocurrencies from one wallet to another can be challenging, especially for the more novice traders and investorsRead More
2022-1-24 00:00 | |
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Decentralized stablecoin issuer Terra issued a proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin. Namely across five projects on Ethereum, Polygon and Solana. Terra would pThe post UST: This latest initiative by Terra's ecosystem is reshaping algorithmic stablecoins appeared first on AMBCrypto.
2022-1-21 00:30 | |
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Ark Invest's latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp.
2022-1-15 23:39 | |
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World’s largest stablecoin issuer Tether has added three more Ethereum addresses to its blacklist that held nearly $150 million worth of USDT. Being a centralized company, Tether has the authority to freeze accounts comprising dubious funds related to crime and money laundering.
2022-1-14 17:35 | |
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AdaSwap, an ecosystem builder who created the first decentralized exchange on the Cardano network, has partnered up COTI, the issuer of Djed stablecoin. According to the announcement, the new partnership seeks to explore how Djed can be integrated with the AdaSwap DEX.
2021-12-22 20:45 | |
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AdaSwap, an ecosystem builder in the Cardano (ADA/USD) ecosystem that will establish the first DEX, is partnering with Djed issuer COTI to list the stablecoin on the exchange, Invezz learned from a press release.
2021-12-22 17:00 | |
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The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
2021-12-17 14:59 | |
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Gyen is a stablecoin that allows people to trade seamlessly across its issuer’s fast… The post Where to buy Gyen, the token bridging traditional finance and blockchain for everyone appeared first on Coin Journal.
2021-11-16 10:36 | |
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"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said.
2021-11-13 16:28 | |
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Charles Cascarilla, the co-founder and CEO of stablecoin issuer Paxos, believes the Biden administration’s move to regulate stablecoins is a good step in the right direction. He shared his sentiments during a November 3 interview, noting that he expects more dialogue on the matter.
2021-11-5 16:37 | |
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The partnership between Tether (USDT/USD) and digital identity startup Notabene aims to combat money laundering in cross-border transfers between exchanges. This is an effort on the part of the stablecoin issuer to become more compliant with global crypto guidelines, CoinDesk wrote.
2021-10-27 13:57 | |
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Hindenburg places a $1 million bounty on Tether for information on its reserves. The announcement is coming less than a week after the stablecoin issuer was slammed with a fine for misrepresenting the true nature of their reserves.
2021-10-23 13:12 | |
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Fulfilling its promise to expand to more blockchain protocols in the coming months, USDT close rival USDC has recently launched on the Hedera network. The announcement by popular stablecoin issuer Circle on Monday, October 18, makes the asset the first stablecoin to launch on the network.
2021-10-19 18:01 | |
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The Commodity Futures Trading Commission (CFTC) has fined stablecoin issuer Tether and its sister company, Bitfinex, $42.5 million (£30.92 million) for violating commodities regulations. A press release unveiled this news on October 15, noting the CFTC held Tether responsible for making false or misleading claims and omissions of material fact regarding the backing of Tether […] The post CFTC penalizes Tether and Bitfinex for making misleading allegations appeared first on Invezz.
2021-10-18 17:29 | |
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Stablecoin issuer Tether is dealing with rising scrutiny from regulatory authorities as they attempt to understand its cash reserves, business framework, and more. Speculations on Tether Tether has released 48 billion USDT — claimed to be valued at $1 each — this year.
2021-10-8 14:00 | |
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The US Securities and Exchange Commission (SEC) sent an “investigative subpoena” to the issuer of USDC stablecoin Circle in July of this year, according to a filing. Circle made this disclosure as part of a filing about its plans to go public through a merger with the special purpose acquisition company (SPAC), Concord Acquisition Corp.
2021-10-5 17:06 | |
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Circle is under investigation by the SEC, as the firm reveals it was issued a subpoena by the regulatory body in July 2021. The post SEC Subpoenas USDC Stablecoin Issuer Circle appeared first on BeInCrypto.
2021-10-5 08:40 | |
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This week, Judge Katherine Polk Failla dismissed half of the class action plaintiffs' claims that were filed about two years back against the cryptocurrency exchange Bitfinex and the sister company Tether, a stablecoin USDT issuer.
2021-9-30 19:38 | |
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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.
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.