
Tether, Circle deny exposure to FTX, Alameda
Circle CEO said the firm has a little equity in FTX and other crypto exchanges like Kraken, BinanceUS etc.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.

FTX founder Sam Bankman-Fried said that the Second Great Stablecoin War had begun following Binance-backed BUSD's supply growth.

One of the key areas of centralization is found with the various stablecoins that make up a large portion of the DeFi economy.

Andrew Griffith's proposal seeks to include crypto assets as part of services to be regulated by the Financial Services and Markets Act.

MakerDAO will earn approximately $24 million from Coinbase Prime's 1.5% rewards.

Tether's (USDT) market share stood at 90% in 2020 but has since called to roughly 50% as other stablecoins gained ground in the industry.

Acting FDIC Chairman Martin Gruenberg said that stablecoins could disrupt the banking system if properly regulated and integrated into the mainstream economy.



