Tether says it holds zero Chinese commercial paper, denies 85% exposure
Tether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago.
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Tether Shares Another Rebuttal, Denies Chinese Commercial Paper Holdings
Tether has said that spreading false information about its reserve holdings is “the biggest threat to the cryptocurrency industry that currently exists.” Tether Denies Chinese Commercial Paper Exposure Tether has...
Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T
Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making.
Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps
The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others.
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP
U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier…
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and…
Burdensome but not a threat: How new EU law can affect stablecoins
Apart from the stringent requirements for stablecoin issuers, there are other areas of concern in the upcoming EU regulation.
Tether fortifies its reserves: Will it silence critics, mollify investors?
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation…
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.
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