USD Tether Market Cap Movement Correlates with Bitcoin Price Trend
The tether stablecoin (USDT) money printer has gone quiet over the past few weeks, which coincides with bitcoin's lackluster performance of late. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Ang Tether ay T Naka-print ng Bagong USDT sa Mga Linggo: 3 Posibleng Paliwanag
Narito ang tatlong dahilan kung bakit huminto ang napakalaking paglago ng stablecoin.
Market Wrap: Bitcoin Slides Patungo sa $30K, LOOKS 'Marupok'
Ang Tagapangulo ng Federal Reserve na si Jerome Powell ay nagpatotoo sa harap ng Senado ng U.S., tungkol sa inflation at ang posibleng paglunsad ng isang digital dollar.
Circle’s Transparency Pledge
Circle’s CEO, Jeremy Allaire, promised to make the company ”the most public and transparent operator of full-reserve stablecoins.” Circle began issuing quarterly attestation reports to prove that its assets are fully backed; however, the reports don’t state what the assets are backed by. “The upper echelons of Tether truthers are now bringing the same questions to Circle that they’ve brought to Tether,” Zack Seward, CoinDesk’s Deputy Global News Editor, said.
Ang Circle ay T Nanalo sa Stablecoin Transparency Race
Ang mga proyekto ng Stablecoin ay lalong nakikipagkumpitensya sa transparency. Ang dalawang buwang gulang na data ng Circle sa "mga inaprubahang pamumuhunan" ay nag-iiwan ng isang bagay na naisin.
Ohio Congressman: Bitcoin Poses No Threat to US Dollar
Rep. Warren Davidson, Ohio Congressman and House Financial Technology Task Force Ranking Member, discusses the contentious crypto conversations in Congress: Bill Foster proposing cryptographic backdoors to reverse crypto transactions. "Foster's clearly on one side, and I'm on the other," Davidson said. He also explains how closely lawmakers are focusing on the role of stablecoins on exchanges, suggesting tether (USDT) should be regulated as a security measure. Plus, reactions on the rise of central bank digital currencies (CBDCs) around the world.
Sinabi ni Fitch na Ang Mabilis na Paglago ng Stablecoin ay Nagdulot ng 'Mga Panganib sa Paghawa'
Ang ulat ng Fitch ay nagmumungkahi na ang kaguluhan ay maaari ding magkaroon ng potensyal na kumalat sa mga tradisyonal Markets.
Jeremy Allaire on the Digital Dollar's Future: 'The Central Government Absolutely Does Not Need to Issue a Digital Currency'
Circle CEO Jeremy Allaire discusses the challenges and significance of USDC potentially expanding to 10 more blockchain networks, the broadest expansion in stablecoin history. "The central government absolutely does not need to issue a digital currency," he said. Plus, breaking down the difference between tether (USDT) and USDC as USDT risks come into focus.
Tinawag ng Opisyal ng US Fed ang Tether bilang isang 'Hamon' sa Katatagan ng Pinansyal
Isinama ni Eric Rosengren ang stablecoin sa tinawag niyang mga bagong nakakagambala sa mga panandaliang Markets ng kredito .
The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen will be gifted $30 via an e-wallet, once they verify their identities. Frances Coppola, author of "The Case for People's QE," discusses the "immense risks" of El Salvador's bitcoin currency rollout. Plus, why she thinks dai (DAI) is a bigger concern than tether (USDT).