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The CEO of Tether, Paolo Ardoino, announced that the company is preparing to launch two new products this month, which he referred to as Tethember. However, he mentioned that the launch may be delayed by about 7 days due to the U.S. presidential elec...
Read MoreThe Solana platform has introduced sUSD (Solayer USD) — a groundbreaking stablecoin backed by U.S. Treasury bonds. This first synthetic RWA (Real World Assets) stablecoin not only maintains a stable 1:1 exchange rate with the U.S. dollar but also off...
Read MoreIt may seem that Tether has faced enough negativity recently. Protos analysts even counted that since 2015, Tether has attracted the attention of U.S. authorities 19 times.Now, a serious competitor from Wall Street may be added to the list of trouble...
Read MoreCEO of Tether, Paolo Ardoino, has denied that his company is under investigation by federal agencies in the United States. In his post on platform X, he commented on a report by the Wall Street Journal (WSJ), which discussed a potential inquiry into ...
Read MoreThe market capitalization of Tether's USDT stablecoin has hit a record $120 billion, indicating a potential cryptocurrency bull run in October, commonly referred to as Uptober. This is further supported by the rising price of Bitcoin, which reached $...
Read MoreThe American tech company Stripe is in negotiations to acquire the crypto startup Bridge for $1.1 billion. If the deal goes through, it will mark the largest acquisition in Stripe's history and in the cryptocurrency industry as a whole. The market c...
Read MoreThe decentralized exchange for trading stablecoins (DEX), Curve Finance, is considering the removal of True USD (TUSD) from its list of supported (collateral) tokens for its own stablecoin, Curve USD (crvUSD). This decision is driven by concerns rega...
Read MoreWhile concerns are mounting about the questionable practices and lack of transparency surrounding the leading stablecoin issuer USDT — Tether, whose collapse could drag down competitors, Revolut has unexpectedly announced its plans to launch its own ...
Read MoreSince the beginning of August 2024, analysts from CryptoQuant have observed a significant increase in the volumes of the stablecoinA type of cryptocurrency that is pegged to a stable asset like a national currency (e.g., US dollar), gold, or another ...
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