Tether ‘unequivocally reiterates’ no exposure to Signature Bank
The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.
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The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.
At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars though the bank's Signet platform.
The new U.S. dollar-pegged stablecoin aims to help BTG Pactual’s customers interact between the traditional financial system and the digital economy.
A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional…
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts.
Digital regulatory professionals have predicted the wide use of stablecoins worldwide by 2030, despite the current competition between TradFi and DeFi.
Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues.
Circle’s APAC vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of the recent banking…
The stablecoin will be launched on the Noble network, making it available to all 50-plus Cosmos IBC blockchains.
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities.