Friday, November 8, 2024

Tethers

Tether’s balance sheet transparency causes issues for all of cryptocurrency

It’s still rough out there, people.  When looking at crypto specifically, the nuke of UST and Luna sent panic through the crypto markets like never before. One of the most intriguing – and downright terrifying – effects of...

Why USD Coin remains under Tether’s shadow despite growing interest

After Terra’s UST collapsed, there has been a sharp focus on dollar-pegged stablecoins. There are in fact fears that another de-pegging could pose systematic risks for the entire crypto market. Nonetheless, USD Coin has emerged as one...

Did Tether’s Latest Lawsuit in New York Trigger Recent Crypto Market Crash?

The cryptocurrency market turned red again on Monday that saw the majority of the top cryptocurrencies lose in double digits. Bitcoin (BTC) failed to conquer $50K and fell to a daily low of $45,894 and currently consolidating above...

Myanmar’s Shadow Government Makes Tether’s USDT an “Official” Currency

Myanmar’s parallel govenment called the National Unity Government (NGU), led by the supporters of Aung San Suu Kyi has declared Tether’s USDT as an official currency of use. In an official facebook post made by the Ministry of...
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