Tether has announced that it will launch USDT on the Tezos network
The popular stablecoin Tether has announced that they will be launching on the Tezos blockchain.
Japan passes stablecoin bill for investor protection after UST debacle
Japan’s new stablecoin law limits stablecoin issuance to licensed banks, registered money transfer agents, and trust companies.
Tether co-founder says UST disaster spells doom for algorithmic stablecoins
The loss of the money within the Terra ecosystem was unfortunate but was not unexpected, according to Collins.
Tether remains unshaken despite $10 billion withdrawals in 2 weeks
CryptoSlate data shows that the circulating supply of USDT dropped to $73.3 billion on Monday from the $84.2 billion on May 11.
Tether’s $82.4B reserves exceed market cap of USDT
Tether quarterly report indicates that it is still fully backed by cash and cash equivalents including commercial paper and US treasuries.
Tether explains why it ‘has nothing in common’ with Terra UST
With investors still reeling from the Terra UST fallout, Tether seeks to assure investors that it is different.
EU regulators criticize stablecoins to promote Euro CBDC
EU regulators are using the attack on UST and USDT stumbling as proof that Europe needs a CBDC