Markets

Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs

Buying in these stablecoins may foretell where the crypto market is going.

Circle founder and CEO Jeremy Allaire

Markets

First Mover: Risks Nobody's Ever Seen, From the Fed to Tether (and GameStop)

Risks surrounding tether have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.

Federal Reserve Chair Jerome Powell

Policy

What Tether Means When It Says It's 'Regulated'

Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.

A screenshot from Laura Shin's interview with Deltec Deputy CEO Gregory Pepin, Tether's banker.

Markets

Tether Just Won't Go Away. Does the Crypto Market Care?

As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.

Tether Chief Technology Officer Paolo Ardoino. Tether issues the USDT stablecoin.

Finance

Tether's Bank Deltec Says Stablecoin Is Fully Backed by Reserves

"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.

Tether dice

Markets

Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions

Tron USDT volume eclipses Ethereum for the third consecutive week.

Tether weekly transaction count on Ethereum and Tron

Markets

Bitfinex Says It's Nearly Done Turning Over Documents to NYAG

The document production process has already stretched over a year.

New York supreme court

Finance

Publisher of 'Infinite Fleet' Game Kicks Off Token Offering With $1M Tether Investment

The security token offering enables investors in select European countries to share in future profits, Exordium says.

Infinite Fleet artwork

Markets

Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What's Up With Tether's Bank?

Deltec invested some clients' funds in bitcoin, but not Tether's, the bank confirms. So what exactly is backing tether?

jason-pofahl-6AQY7pO1lS0-unsplash-1

Markets

Tether's Bank Says It Invests Some Customer Funds in Bitcoin

Deltec Bank & Trust announced it had invested customer funds in bitcoin since the cryptocurrency's price was around $9,300.

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