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It 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 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 ...
Read MoreStablecoins are a type of digital currency whose exchange rate is attempted to be stabilized by being pegged to fiat currencies or exchange-traded commodities such as gold or oil. Currently, the stablecoin market is estimated at around $125 billion....
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