Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
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Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023.…
Tether market cap eyes record high after regaining 65% stablecoin dominance
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.
Tether blacklists validator address that drained MEV bots for $25M
The co-founder of Polygon and other decentralization proponents said the move sets a bad precedent.
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins.
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.
Stablecoin issuer Tether accessed US banking system using Signature: Report
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.
Stress test? What Biden’s bank bailout means for stablecoins
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…
Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains
The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.
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