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Tether
Why Binance Isn't Converting Tether to BUSD
Binance is converting all investments in USDC, pax dollar (USDP) and trueUSD (TUSD) into its stablecoin Binance USD (BUSD) on Sept. 29. Patrick Hillmann of Binance discusses the change and why Tether won't be moved.
Binance Exec on Converting USDC, Other Stablecoins to BUSD: ‘Not a Surprise’
Binance is converting user funds to its Binance USD (BUSD) stablecoin from alternatives, including the larger USD coin (USDC). Binance Chief Communications Officer Patrick Hillmann shares his insights and why “it really shouldn’t be that big a surprise.” Plus, his take on Tether (USDT).
Stablecoins and Regulators Need to Get Out of the Way: Market Strategist
Path Trading Partners co-founder & Chief Market Strategist Bob Iaccino discusses the technical pattern in the crypto markets. “Bitcoin is temporarily broken out, I see $26,000 in the short term.” Plus, his take on Tether and why he believes regulators need to “make up their minds and get out of the way.”
Tether Slashing Commercial Paper Holdings, New Auditor Confirms
BDO Italia has reaffirmed stablecoin issuer Tether’s consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 30. “The Hash” hosts discuss the BDO report and what it suggests about Tether and the current state of stablecoins.
Stablecoin Issuer Tether Taps New Accounting Firm
Stablecoin issuer Tether has tapped BDO Italia to take over from MHA Cayman on its regular attestation reports. It said it plans to publish the reports every month rather than once a quarter. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.
WazirX Issues Warning; Stablecoin Giants Back Merge
WazirX users head for exits amid Binance spat. Circle and Tether announce support for Ethereum Proof-of-Stake. Vitalik Buterin says he used Tornado Cash to donate to Ukraine. Iran pays $10 million import order with cryptocurrency for the first time.
ETH Merge Delay Concerns; Buterin’s Clown Call
Concerns over Ethereum delays surface, while Tether CTO says it will be supported. Ethereum cofounder calls Bitcoin bull Michael Saylor ‘a total clown’ and Meta’s metaverse attempts will ‘misfire’. CoinFlex cuts staff to reduce costs by 60%. US FDIC issues advisory over crypto deposits and insurance. Report alleges S. Korean Busan Bank employee embezzles US$1.1 mln, invests in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Tether Passes ‘Stress Test,’ Finds Stable Dollar Peg After Terra’s Collapse
Tether (USDT), one of the biggest stablecoins by market cap has found stability for the first time in over two months since the collapse of Terra’s algorithmic stablecoin terraUSD (UST).
