Four men controlled 86% of Tether shares in 2018
Tether is deeply intertwined with Bitfinex. The two firms have a common CEO, CFO and general counsel, as per a WSJ report.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The number of active addresses holding GUSD has dropped to a 2020 low, while the stablecoin supply has dropped off in recent months.
Moody's will reportedly include analysis of 20 stablecoins based on the quality of attestations on the reserves backing them
The Djed stablecoin is undergoing chain index syncing — scheduled for completion next week — before it can be rolled out.
Circle spoke to over a dozen leaders in the World Economic Forum to "reset the crypto narrative with an emphasis on inclusive growth."
Ethereum's dominance over stablecoins strenghtens as the ETH price surpasses $1,600.
Maker's PSM poll showed 50.85% of participants supporting keeping the GUSD debt ceiling at $500 million, while the rest supported its removal.