Tether
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
In spite of the printing of $50 million in TUSD, Zhao recently said the administrative crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrivel.” Just…
USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
In spite of the fact that it has a lot more modest market cap, on-chain information shows that USDC has a lot more prominent exchange volume than its fundamental rival…
Tether to reduce secured loans to zero in 2023 amid battle against FUD
The move comes in light of a rush of established press assaults and FUD, basically from the Money Road Diary. The world’s biggest stablecoin guarantor, Tie, has promised to ultimately…
Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
Very rich person business visionary Elon Musk, who as of late bought Twitter in order to release the stage’s maximum capacity, recognized Twitter’s commitment in finding the FTX improvements progressively….
Tether CTO confirms no plans to rescue FTX
FTX will not be getting a bailout from Tie who affirmed it isn’t wanting to give a money infusion in spite of the Chief supposedly contacting various firms for help….
Tether, Circle and Coinbase deny having exposure to FTX and Alameda
Coinbase Chief Brian Armstrong said that the new FTX and Alameda catastrophe was a consequence of hazardous practices, for example, the abuse of client reserves. In the midst of the…
CTO revealed Tether commercial paper experience now under $50M
Tether is becoming more transparent. They have appointed a new accounting firm to conduct regular audits and attestation reports to ensure its stablecoin is properly backed by the USD. Stablecoin…
New York Judge instructs Tether to document USDT backing
The court acknowledged the Plaintiffs’ appeals to provide “undoubtedly important” documents in the alleged fraud case. The judge for the United States District Court for the Southern District of New…
Tether supply fired up again after a three-month decline
The world’s largest stablecoin, Tether (USDT) has extended its circulating supply following almost three months of reductions, in what could be a sign the crypto markets are slowly improving. According…
Tether calls the thesis behind USDT short-selling “incredibly misinformed”
Tether, the issuer of Tether (USDT), says that hedge funds that struggled to short its stablecoin after Terra’s downfall in May are using a thesis that is “incredibly misinformed” and…