Tether Will Publish Reserve Data in Real Time in 2024: Report
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry’s largest dollar-pegged stablecoin, according to a Bloomberg report.
Tether
Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
(Jayashreee/Creative Commons)
Tether Promotes Paolo Ardoino to CEO
Paolo Ardoino appointed new CEO at Tether.
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.
Justin Sun: The Next Do Kwon or Sam Bankman-Fried?
A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)
Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.
Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela
Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT.
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Tether’s banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.