Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
According to Tether, recent allegations that its executives are facing a criminal probe into bank fraud are just an example of continued pursuits to discredit the high-profile project.
According to undisclosed sources, Tether executives are facing a criminal probe into bank fraud.
Despite positivity surrounding USDC, Tether is the top dog, and based on current metrics, will remain that way for the foreseeable future.
A Yale economist and an US Federal Reserve attorney urged supervision, while addressing the porous regulation risk presented by stablecoins.
Tether has soared since settling with the NYAG, but analysis of its reserves shows less than 3.9% cash on hand.
Stablecoins prevail during a pullback market as upcoming crypto management platforms provide avenues for high yield profits.
USDT and BNB fall under the securities spotlight, a top lawyer says.
The stablecoin is now available on over nine different blockchains like Ethereum, Tron, Solana, and others.
Avanti Bank’s Caitlin Long said last week’s sell-off was linked to Tether’s release on its financial reserves.
