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Tag: Stablecoin

Tether vs. USD Coin on-chain data reveals two very different stablecoins

The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2...

Crypto and fiat savers are making a fatal error — and DeFi can come to the rescue

Across crypto and fiat, many consumers are making a fatal error: they're letting their assets sit idle...

Hong Kong believes stablecoin volatility can spillover to traditional finance

According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more...

Cardano to launch new algorithmic stablecoin in 2023

'Djed' is set to go live in Jan. 2023, after a successful audit and a series of...

Binance, OKX and Bybit suspend USDT and USDC deposits on Solana

The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting...

Tether says it has no exposure to Genesis Global or Gemini Earn

The stablecoin operator said the reliability of its reserves is important to highlight “at a time like...

Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds

The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used...

Tether CTO confirms no plans to rescue FTX

FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash...

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