Browsing: Stablecoins
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month…
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.
Now the protocol is working on a value accrual mechanism for ENA stakers.
The Tether-US dollar stablecoin’s market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.
USDT Issuer Tether Reports $2.5B Profit in Q3, Holds Over $100B Exposure to U.S. Treasuries
Tether Investments, the group’s venture arm that manages Tether’s growing foray into energy, mining and artificial intelligence, had a net…
First, and perhaps foremost, the Fed would be conflicted. As an alternative payment service, stablecoins compete with the Fed’s own…
The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating…
“There is no place like the U.S.,” he said via video link at DC Fintech Week in Washington. “I think…
According to a16z’s “State of Crypto” report, crypto interest has surged in three of the top five swing states since…