Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.
Auto Added by WPeMatico
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia.…
Compound Labs has announced the first smart contract deployments for Compound III, which will create a USDC market on Ethereum. The contracts await activation by Compound governance but are now…
MakerDAO co-founder Rune Christensen recently proposed removing all USDC from the DAI stablecoin’s peg-stability module. He suggested that the USDC within, worth $3.5 billion, could be used to buy ETH…
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022.
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated.
Neither USDT nor USDC will be backed by reserves on a potential Ethereum Proof-of-Work fork, Tether and Circle announced today. Proof-of-Stake Ethereum Solidifies Support Ethereums potential Proof-of-Work fork is failing...
Major crypto firms Circle and Coinbase have been forced to comply with the US Treasury Department’s sanctions against Tornado Cash under Bank Secrecy Act (BSA) requirements, said Circle CEO Jeremy…
Circle quickly complied with the U.S. Treasurys decision to sanction Tornado Cash, but its CEO is calling on industry leaders to establish a privacy-enabling policy framework. Circle CEO Comments on...
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset…