The once competitive stablecoin sector is once again centralizing in the hands of a single controversial issuer: Tether.
Tether
Stablecoins are of systemic importance to cryptocurrency markets – an analysis of the interactions between BUSD, USDC and USDT.
In a recent Wall Street Journal report, the leading stablecoin issuer Tether is once again being accused of lacking sufficient liquidity.
Mostly pegged to the U.S. dollar, stablecoins have established themselves as important pillars in the emerging crypto ecosystem. An overview.
After the collapse of the Terra stablecoin, worries around a potential collapse of Tether (USDT) and its impact on the space have grown.
Stablecoins are mostly pegged to the USD and close the gap between the advantages of cryptocurrencies and fiat currencies.
The city of Lugano has announced plans to recognize Bitcoin as legal tender and promote the blockchain industry.
The US Senate organized a hearing about fiat-backed stablecoins and appropriate regulation for the DeFi sector.
The CFTC has fined largest stablecoin issuer Tether $41 million over “misleading” claims that USDT was fully backed by the dollar.
By market capitalization, the cryptocurrency “USDT” is the largest and most widely used stablecoin. The…
The Office of the Comptroller of the Currency (OCC) has published new guidance on Blockchains…