Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”
EURST – the need for asset-backed stablecoins in uncertain times
Several experts consider stablecoins to be the future of cryptocurrencies. As the name suggests, stablecoins are safer and more resilient to crypto volatility than other cryptocurrencies.
Unbanked UAE migrants are waiting to benefit from digital currency remittance.
Unbanked migrant workers in the United Arab Emirates are set to benefit from digital currency remittances, providing their low-cost, efficient infrastructure for sending payments to families overseas for the first…
Tron and Omni Layer “exist only to support Tether”
The queen of stablecoins has issued 1 billion USDT on the Tron blockchain
Bitcoin Rallies Defiantly as Senate Infrastructure Battle Hits a Snag
Crypto proves to be a formidable opponent as debate in the Senate continues.
Co-Creator Of $27 Billion USDC Stablecoin Reveals Plans To Become A Full-Reserve National Commercial Bank
Fresh off the announcement of a SPAC merger deal, USDC issuer Circle is setting sights on becoming the industry’s first full-reserve national commercial bank.
Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence.
Riot Blockchain Options Traders Place Big Bets As Bitcoin Soars
Riot Blockchain, Inc (NASDAQ: RIOT) gapped up and opened at $37.09 Monday morning after Bitcoin (CRYPTO: BTC) busted through the $45,000 level and clea
Tether significantly increased exposure to treasury bills as of June, per reserves report
Stablecoin issuer Tether has published a new transparency report detailing its reserves as of June 30. The post Tether significantly increased exposure to treasury bills as of June, per reserves…
Tether Issues Additional 1B USDT on TRON Network
The world’s leading stablecoin issuer, Tether, has minted a fresh one billion USDT tokens on the TRON network. The post Tether Issues Additional 1B USDT on TRON Network appeared first…
