Tag: USDT
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DeFi Lender Euler Finance Accepts USDT as Collateral
The Move Is A Vote Of Confidence In Crypto’s Largest Stablecoin
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Tether Will Not Preemptively Freeze Sanctioned Addresses
USDT Issuer Will Act On Specific Requests From Law Enforcement
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Tether Attestation Report Shows 58% Drop In Commercial Paper Holdings
The Market Capitalization Of The World’s Largest Stablecoin Is Down 19% Since May 2022
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Centre Bans USDC Addresses After Tornado Sanctions
Investors Eye Decentralized Stablecoins as Consortium Bars 38 Addresses
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Tether Launches Stablecoin for Mexican Peso
Tether launched a new stablecoin pegged to the Mexican Peso Thursday, marking the company’s first foray into Latin America while adding to a roster that already includes USD₮, the world’s largest stablecoin by market capitalization. Dubbed MXN₮, the stablecoin is pegged 1:1 to the Peso, according to Tether, meaning each MXN₮ token is worth one […]
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How to Research Stablecoins | USDC, USDT, BUSD, PAXOS
In the part 1 of 2 series on how to research stablecoins, we take a look at institutionally issued stabelcoins.
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Tether Has Reduced Commercial Paper Backing USDT by 20% Since April
The world’s largest US dollar stablecoin, Tether (USDT), today announced its first attestation report in six months. The report disclosed that Tether had decreased its commercial paper holdings – short-term commercial debt – by 17% from December 2021 through March 2022, from $24.2B to $20.1B. Tether said it has decreased its commercial paper holdings by […]
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USDT Briefly Slips Below $1 Peg as Terra Contagion Spreads
Crypto’s largest stablecoin USDT traded as low as $0.95 overnight before recovering.
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What Are Stablecoins?
This step-by-step guide will walk you through the ins and outs of stablecoins.
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Doomsday Scenarios in DeFi Revolve Around Stablecoins USDC and USDT
Doomsday scenarios in DeFi revolve around the strength of stablecoins such as USDC and USDT.
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Are the Bulls Back? Crypto Markets Whipsawed With Amazon News
Crypto markets were showing impressive strength to start the week, on track for a sixth straight day of gains –– until news headlined caused prices to trip mid-run. Bitcoin shot up to as high as $40,300 and Ethereum was trading above $2,400 on Tuesday. The DeFiPulse Index (DPI), a market capitalization-weighted index which consists of […]
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SafeDollar Stablecoin Plummets to Zero After Exploit
The value of SafeDollar (SDO), an algorithmic stablecoin intended to be pegged to $1, has dropped to zero after a $248K exploit on Polygon. In a post-mortem analysis published on June 28, SafeDollar reported it had lost $202K of USDC and $46K of USDT as a result of an attack on one of its pools […]
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The State of Stablecoins in DeFi: A Deep Dive by DappRadar
Stablecoins are one of the fastest-growing asset types in the crypto world. The purpose of these cryptocurrencies is to track a particular peg (usually the dollar) minimizing volatility and providing a convenient unit for transacting. They have become the lifeblood of the DeFi ecosystem and may look to take over other sectors like remittance and […]