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USDT
Market Cap of USDC Growing Faster Than Tether
Half of the trades in and out of bitcoin are done with Tether, the dominant stablecoin and third-largest cryptocurrency with a $64 billion market cap. Yet, Coin Metrics reveals the market cap of stablecoin USDC is growing faster than that of USDT. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Does Tether Pose Systemic Risk to Crypto Markets?
CoinDesk Data and Indexes Director Galen Moore discusses his stablecoin Tether (USDT) assessment and its impact on bitcoin amid the cryptocurrency being subject to increased scrutiny by U.S. regulators. “The question of Tether’s ability to maintain its peg to the dollar is a systemic question,” Moore said.
USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report
USDT has largely held its dollar peg since Bloomberg reported Monday the U.S. Department of Justice is investigating Tether, the issuer of the largest stablecoin, for possible bank fraud. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments in the ongoing investigation and what to watch for.
Resumen del mercado: Posible cambio de tendencia a medida que Bitcoin supera los $40,000
El fuerte rebote del Bitcoin durante el fin de semana se produjo cuando los cortos cubrieron posiciones.
Tether Responds to Bloomberg Report, Saying It’s 'Repackaging Stale Claims as News'
Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong. CoinDesk's Adam B. Levine unpacks the story and its implications to bitcoin amid rising national concerns over stablecoin risks.
Report: Tether Executives Facing Criminal Bank Fraud Charges
Bloomberg reports executives from Tether are reportedly facing a criminal probe into bank fraud, with the U.S. Department of Justice investigating the USDT issuer for a possible offense conducted years ago. “The Hash” panel discusses the ongoing controversy around Tether and why this developing story is one to watch.
El USDT mantiene su paridad con el dólar mientras los operadores ignoran el informe de la investigación del Departamento de Justicia Tether.
A diferencia de los temores anteriores, el informe del lunes de una investigación del Departamento de Justicia no ha sacudido la fe de los comerciantes en la moneda estable.
Ejecutivos de Tether enfrentan cargos de fraude bancario criminal, según informe
El Departamento de Justicia de Estados Unidos está investigando a Tether por un posible delito cometido hace años, informó Bloomberg el lunes.
Paxos General Counsel on Stablecoin Backings, Risks and Regulations
Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos’ products and other stablecoins like USDC and USDT.
Resumen del mercado: Bitcoin sube mientras ELON Musk controla sus posiciones cortas
Bitcoin y otras criptomonedas subieron gracias a que Musk impulsó el sentimiento alcista durante la conferencia The B Word.
