The MSCI APAC index saw its largest drop in a month, reflecting fading momentum in Chinese stocks. Analysts expect investors to shift focus back to…
Paolo Ardoino addresses Tether’s significant growth and its connection with the US government. Tether holds about $98 billion of US Treasury Bills, becoming one of…
Coinbase to delist all unauthorized stablecoins by year-end to comply with EU’s new MICA regulations. Terra’s USDT, the largest stablecoin by market cap, might be…
Stablecoins transacted $6.87T in 2022, surpassing Mastercard and PayPal. Ripple’s RLUSD offers instant payouts, multi-chain issuance, and regulatory compliance, challenging USDT and USDC. Stablecoin adoption…
The Consumer’s Research report claims Tether lacks transparency. Tether fails to submit a full audit of its USD reserves that back the USDT stablecoin. Though…
Stablecoins face challenges maintaining their $1 peg during periods of market volatility. USDT and USDC have shown resilience but can still experience brief de-pegging in…
USDT holdings have risen sharply amid a sluggish crypto market. Since August, a massive surge in USDT holdings on exchanges have been witnessed. The accumulation/distribution…
PeckShield flagged a $6.27M USDT transfer from OKX to an FTX/Alameda wallet. FTX's $12.7B creditor settlement includes $8.7B restitution and $4B disgorgement. Repayment in cryptocurrency…
The stablecoin market has recorded a new all-time high of $177 billion, surging past the previous high. The market has seen rapid growth in the…
A Chinese investor allegedly lost 1.78 million yuan while trying to invest in Tether’s USDT. The court dismissed the lawsuit, ruling the investor to bear…