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Latest from Helene Braun
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.
Tether Slashes Commercial Paper Holdings by 21%
The largest stablecoin issuer by total supply released its latest attestation report on Tuesday.
Minutes Show Fed Ready to Take Action, Mentions Crypto and Stablecoin Risks
Officials said they are ready to hike interest rates and also briefly mentioned the threat of crypto and stablecoins to the financial system.
Irrelevance of January Fed Minutes Shows How Fast Monetary Policy Is Moving
The Federal Reserve is scheduled to release minutes of its January meeting later Wednesday but the market seems to have already moved on.
Tether Blacklists Ethereum Address Linked to Multichain Hack
The address, containing more than $715,000 of USDT stablecoins, traces back to hackers who stole $3 million from Multichain users.
Asset Manager Van Eck Says Stablecoins Should Be Treated as Investment Funds, Not Banks
Jan van Eck, the firm's CEO, argues against the position of government officials.
US Inflation Hits New 4-Decade High of 7.5% in January
Bitcoin traders keep track of the inflation rate because some think of the cryptocurrency as an inflation hedge, and the Federal Reserve's expected response to economic conditions often dictates market direction.
NY Fed: Stablecoins Are Not the Future of Payments
Researchers at the New York branch of the U.S. central bank think tokenized deposits are the better way to go.
US Jobs Report Shows Gain of 467,000 in January, Exceeding Expectations
Bitcoin traded slightly lower after the report, as the number keeps pressure on Fed to tighten.
