MakerDAO’s DAI has surpassed Binance USD (BUSD) to become the third-largest stablecoin by market capitalization. With a current market valuation of approximately $4.394 billion, DAI has now taken the coveted…
While the move could result in higher collateral rates, it could also stimulate an increase in DAI’s circulation
DAI has overtaken BUSD in market cap as Binance faces legal issues. The integration of rETH and raised debt ceiling bolstered DAI’s growth and stability.
Tether Holdings Inc has responded to claims that it deactivated the accounts of major crypto firms including Moonpay.
CoinDesk received Tether documents on June 15 after a court dispute, hours after USDT lost its peg. CoinDesk stands by reporting integrity.
The NYAG released documents containing information about Tether and provided a list of terminated accounts.
After the 750 million chain swap executed by Tether just three days ago, here is another 1.25 billion USDT being transferred from Tron’s blockchain to that of Ethereum.
Stablecoin issuer Tether did back its stablecoin with Chinese securities for a period of time, despite refusing to admit so at the time.
The DeFi protocol also offered the $100,000 bounty to anyone who can help bring an arrest or recover the funds.
Tether discloses its quarterly reports and reserve data, as USDT imbalance in Curve’s 3pool causes depeg concerns.
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