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Tether (USDT)

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money MarketsBoston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ […]

Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds

Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion

Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses 0 BillionDigital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. […]

Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears 0 BillionWhile most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like bitcoin (BTC) and ethereum (ETH) can be volatile and this has caused […]

Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds

Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

Tether Market Cap Swells Past  Billion, USDT Stablecoin Gets Listed on Coinbase ProThe blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […]

Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds

Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated LiabilitiesThe company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]

Record 32.5% of Australians Hold or Have Owned Cryptocurrency, Study Finds