Tether – Page 21 – Miami Crypto Coin

USDT issuer Tether has up to $1.7B in excess reserves, CTO says

Post author:MiamiCrypto
Post published:March 24, 2023
Post category:Cryptocurrencies Stablecoin Tether USD Coin

Tether chief technology officer Paolo Ardoino believes USDT is becoming the “safest asset to hold in the world” amid the banking crisis.

SVB crisis: Here are the crypto firms denying exposure to troubled US banks

Post author:MiamiCrypto
Post published:March 14, 2023
Post category:Signature Bank silvergate SVB Tether

Some of the biggest firms in crypto have denied exposure to any of the failed banks in the United States.

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

Post author:MiamiCrypto
Post published:March 12, 2023
Post category:Auto-Conversion Binance BitPay Coinbase coingecko.com Crypto Crypto.com Cryptocurrency Curve DAI Decentralized Exchange depegging DEX FRAX Global Trade Volume GUSD Kraken kucoin Market Updates MIM Pancakeswap Pancakeswap v2 Payment processor Stablecoin Stableswap Tether trading Uniswap uniswap v3 US Dollar USDC Wrapped-Ether

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve,…

Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

Post author:MiamiCrypto
Post published:March 11, 2023
Post category:Binance USD DAI Maker makerdao Stablecoin Tether USD Coin

Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.

USDC investor shells out $2M to receive $0.05 USDT trying to evade crash

Post author:MiamiCrypto
Post published:March 11, 2023
Post category:investigation Investments Tether Uniswap USD Coin

While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty.

Key Bitcoin price metrics point to BTC downside below $22.5K

Post author:MiamiCrypto
Post published:March 7, 2023
Post category:Binance bybit Futures Markets Options silvergate Tether

BTC’s $1,420 decline in the span of 1-hour negatively impacted demand for stablecoins in Asia and it shifted futures traders into a more defensive attitude.

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

Post author:MiamiCrypto
Post published:March 6, 2023
Post category:Blockchain bnb BTC BUSD crypto assets Cryptocurrencies decentralized finance Digital Tokens Doge Exchange Tokens Financial Technology Greenback Investors Lido Market Capitalization Market Updates Market Valuation MATIC okb OKX paxos polygon PoW Proof-of-Work redemptions Smart Contracts SOL Solana Stablecoins Staked Ether STETH Tether top cryptocurrencies Top Ten USD Coin USDC USDT utility tokens valuation

It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the…

Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges

Post author:MiamiCrypto
Post published:February 26, 2023
Post category:Bank Banks Binance Blockchain Analysis bybit Crypto crypto exchanges Cryptocurrencies Cryptocurrency EU Exchanges Huobi Inca Digital kucoin OTC p2p report Russia russians sanctioned Sanctions Sberbank Tether Transactions uk Ukraine US War

Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow…

BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance

Post author:MiamiCrypto
Post published:February 25, 2023
Post category:Altcoins Asset Asset Management Binance Binance BUSD Blockchain BUSD Circulation CoinGecko Crypto Cryptocurrency Decentralization Digital Currency dogecoin Dominance Exchange Fiat Market Cap parity paxos portfolio redemption Stablecoin stablecoin assets Stablecoins Tether Top Ten trading Trading Volume Turkish Lira US Dollar USDT

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out…

BIS-funded regulator to probe DeFi entry points like stablecoins

Post author:MiamiCrypto
Post published:February 16, 2023
Post category:BIS Cryptocurrencies Stablecoin Tether

Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated.