The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the US dollar due to a subsequent…
Browsing: Tether
Soon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of its USD Coin (USDC) reserves, the…
“During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours,” Coinbase…
An undisclosed portion of USDC’s cash reserves are parked at the now-failed bank, leading to concern that money backing the…
Republican House Majority Whip Tom Emmer (R-MN) warned against a central bank digital currency (CBDC) Thursday, assailing the technology as…
Stablecoins and Ether (ETH) are commodities and should come under the purview of the United States Commodity Futures Trading Commission…
Congressman Lynch is worried about a CBDC’s impact on crypto. Federal Reserve Chairman Jerome Powell said he wonders why most…
Bitcoin (BTC) faced a 1-hour $1,420 pullback on March 3 following Silvergate Bank’s 57.7% stock crash which was due to…
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over…
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more…
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