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TETHER USDT RESERVES
Tether slows gold purchases for USDT reserves in first quarter, data showsTether reduced gold purchases sharply in Q1, slowing from 27 to 6 tons, while maintaining diversified reserves across U.S. Treasuries, Bitc...
Digital Bank SoFi enters Stablecoin race with US dollar tokenSoFi Technologies has launched its own US dollar stablecoin, SoFiUSD, fully backed by cash reserves. The digital bank plans to offer the to...
Tether eyes Cristiano Ronaldo's former club Juventus. What is stopping Cryptocurrency giant from Italy's football side?Tether's USDT stablecoin had a market capitalization of around $186 billion as of Friday. The company's token is backed by U.S. dollars and...
Tether joins global gold rush: Now one of the world’s biggest holders of physical goldTether has quietly become one of the world’s biggest gold holders, amassing $8.7 billion in physical gold stored in Swiss vaults. The USDT ...
Some dollars to India 'tethered' to StablecoinsA growing share of Indian remittances is quietly shifting to stablecoins like USDT to exploit a 4–5% premium in India. Money changers route...
What stablecoins actually do, how they work, and the hidden risks nobody talks aboutStablecoins explained: Stablecoins aim for crypto stability by linking to assets like the US dollar. They use collateral or algorithms to h...
Crypto giant Tether could soon be in the league of OpenAI and SpaceX - key developments you should knowCrypto giant Tether valuation 2025: Tether is reportedly in discussions to raise up to $20 billion through a private placement, potentially...
Trump signs GENIUS Act: What does this mean for Crypto policy in India?Donald Trump's administration took steps to mainstream crypto. The GENIUS Act, recognizing stablecoins, became law. This move impacts the g...
Stablecoin $2 trillion forecast is ‘optimistic,’ JP Morgan saysJPMorgan Chase analysts are skeptical of the $2 trillion growth projection for the stablecoin market, deeming it overly optimistic. While a...
Stablecoin bigwig Circle set to make its debut on the New York Stock ExchangeCircle Internet Group, issuer of the USDC stablecoin, is debuting on the New York Stock Exchange under the symbol "CRCL". Its IPO, priced a...
Crypto and High: Bourses, traders come up TrumpsAverage daily trading volumes in half a dozen major exchanges have surged 3 times in less than a week despite crippling taxes and a shadow ...
Crypto’s ‘too big to fail’ token Tether faces new threat from USA potential crackdown on Tether Holdings Ltd., the issuer of USDT, could have a significant impact on the cryptocurrency industry. Tether, ...
How stablecoins serve as a bridge between crypto and fiat: Insights from Anush JaferStablecoins are crucial in cryptocurrency, offering stable value by being pegged to assets like fiat currencies or other cryptocurrencies. ...
Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO saysTether issues a stablecoin, also called Tether or USDT, which is designed to maintain a constant value of $1 and is widely used in crypto-t...
Tether's $100 billion stokes stablecoin stability concernsAs Tether toasts $100 billion in circulation this week, the rapid rise of the world's biggest stablecoin has highlighted concerns about pot...
Binance stablecoin backer says US SEC has labeled token an unregistered securityThe firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it s...
Inside the frantic texts exchanged by Binance CEO and Sam Bankman-Fried as FTX collapsedThe series of about a dozen group texts between Zhao and Bankman-Fried on Nov. 10, which were obtained by The New York Times, show that key...
Crypto week at a glance: Ethereum continues to struggle as rate hike hauntsAfter the Ethereum merger, there was a significant increase in user contract calls. Historically, such behavior has indicated a growth in a...
How to Earn Interest on Stablecoins
US regulators racing toward first major rules on cryptocurrencyConcerned about the potential for a digital-era bank run, the US Treasury Department is working on an oversight framework for the fast-grow...