USDT


Finance

BUSD Drama Sets Stage for Stablecoin Market Reshuffling

Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets.

(Amol Tyagi/Unsplash)

Markets

Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins

The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.

Tether. (Nikhilesh De/CoinDesk)

Markets

Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry

Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog.

(Antonio Masiello/Getty Images)

Videos

Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report

Tether, issuer of the world's largest stablecoin, reported a $700 million profit in the fourth quarter of 2022 and said it completely moved away from holding commercial paper as part of the reserves backing its USDT token. "The Hash" panel discusses the latest from Tether and the larger implications for the stablecoin market.

Recent Videos

Markets

Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users

The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following the demise of FTX.

Crypto.com CEO Kris Marszalek during his YouTube interview (Crypto.com)

Opinion

How Tether Can Be a More Stable Stablecoin

Tether, the world's biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?

(Piret Ilver/Unsplash, modified by CoinDesk)

Policy

Japan Plans to Allow Local Listing of 'Foreign' Stablecoins Such as USDT and USDC: Nikkei

The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023.

Japanese flag (Shutterstock)

Videos

SBF's Alameda Research Secretly Funded Crypto Media Site 'The Block'; Crypto Contagion Concerns

Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried’s Alameda Research, The Block confirmed on Friday. Bernstein reacted to Genesis’ extended withdrawal freeze, saying that saving Grayscale would cost a fortune for Digital Currency Group (DCG), which owns Genesis Trading, Grayscale and CoinDesk. Plus, details on Coinbase asking users to switch USDT for USDC and Bankman-Fried agreeing to testify before U.S. House Financial Committee.

Recent Videos

Finance

Crypto Exchange Coinbase Asks Users to Switch USDT for USDC

Coinbase highlights questions about Tether reserves in campaign to get users over to USDC

(Robert Nickelsberg/Getty Images)

Markets

Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal

Binance subsequently resumed deposits for Tether's USDT on Solana, while OKX reworded an original statement saying it delisted the tokens.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)