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Tether’s Bitcoin Holdings Actually Up, CEO Debunks BTC Dumping Claims

Tether CEO Paolo Ardoino has publicly addressed and dismissed circulating claims that the firm sold Bitcoin for gold. The controversy erupted on September 6, after YouTuber Clive Thompson suggested that…

Continue ReadingTether’s Bitcoin Holdings Actually Up, CEO Debunks BTC Dumping Claims

Lifetime Peak — Stablecoin Market Explodes Past $280B as Ethena’s USDe Rockets Past $12B

According to metrics, the stablecoin economy has crossed the $280 billion range for the first time in history. Stablecoins Shatter Historic $280B Milestone With $3 Billion Added Overnight Defillama.com stats…

Continue ReadingLifetime Peak — Stablecoin Market Explodes Past $280B as Ethena’s USDe Rockets Past $12B

Tether Appoints Bo Hines as Strategic Advisor for Digital Assets and US Strategy

In a press release shared with CryptoPotato, Tether, the company behind the largest stablecoin per market capitalization, announced that it has designated the former Executive Director of the White House Crypto Council…

Continue ReadingTether Appoints Bo Hines as Strategic Advisor for Digital Assets and US Strategy