Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.More about Tether
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
As of press time, almost all of the big stablecoins are struggling with maintaining their peg except for Tether's USDT, which is trading slightly above its peg at $1.01.
USDC in circulation fell over 10% since de-peg event
Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.
OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDTMonika Ghosh · 2 months ago · 1 min read
OKX reserves are 100% clean, meaning that the exchange reserves do not contain the exchange's native token, according to CryptoQuant data.
Stablecoin collapse could impact U.S. bond market, economist warnsJosh O'Sullivan · 2 months ago · 1 min read
Economist Eswar Prasad has warned regulators that a bank run on Stablecoins could have significant impact on the U.S bond markets.
Op-ed: What happens to Tether, stablecoins in the event of dollar collapse?Samuel Wan · 2 months ago · 4 min read
Under the hypothetical situation of a dollar collapse, how might fiat-backed stablecoins fare?
SBF allegedly moves $684,000 into Seychelles exchange, RenBridgeMonika Ghosh · 3 months ago · 2 min read
Addresses linked to SBF's public wallet received hundreds of thousands of dollars worth of assets from Alameda Research on Dec. 28.
Adoption grows as more than $7T settled with stablecoins in 2022Andjela Radmilac · 3 months ago · 1 min read
The total value settled with stablecoins this year surpassed the settlement value at Mastercard, which processed around $2.2 trillion in value in 2022.
OKX publishes second Proof-of-Reserves update, commits to report monthlyChristian Nwobodo · 3 months ago · 1 min read
OKX's latest proof-of-reserves report shows it holds over 90% of its assets in BTC, ETH, and USDT — the exchange has committed to update its reserve on the 22nd of every month.
Bitfinex closes week leading Bitcoin reserves according to GlassnodeZeynep Geylan and James Van Straten · 3 months ago · 4 min read
According to numbers from Dec. 16, Bitfinex holds $3.5 billion in BTC while OKX follows with the second largest BTC reserve with $1.5 billion.