Stablecoins
Focuses on the role, mechanics, and market impact of stablecoins within the financial ecosystem.
Tether Offers Drift Protocol $127M to Cover Hack Losses
In April, Drift Protocol was hacked, losing $295.7 million. Despite the funds converting to USDC, Circle did not freeze them.…
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Western Union Tests Stablecoin Payments for Global Transactions
Western Union is testing stablecoin solutions to speed up transactions, improve transparency, and cut costs. The GENIUS Act now regulates…
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China’s $1.9B Underground Bank Uncovered: USDT Scheme
In China, a covert bank using USDT for illicit transactions has been uncovered in a…
Tether-RAK DAO Deal: UAE Expansion
Tether Partners with RAK DAO to Expand in the UAE, marking a significant step towards…
Tether Freezes $5.2M: Phishing Network Crackdown
In a decisive move against phishing networks, Tether freezes approximately $5.2 million across multiple addresses.
Tether CEO Updates USDT Security
Tether's CEO Paolo Ardoino updates on the safety of the USDT stablecoin ecosystem.
Ripple CEO Warns on Tether Probe
In a recent podcast, Ripple CEO Brad Garlinghouse discussed the US government's scrutiny of Tether…
Arthur Hayes’ Essay on Ethena’s Potential to Outdo Tether and the Risks Involved
Exploring the Innovations and Risks of Ethena in Arthur Hayes' Latest Essay, "On Thin Ice:…
Deutsche Bank Questions Tether’s Solvency Amid Stablecoin Risks
Deutsche Bank Analysts Cast Doubt on Tether's Solvency Amid Stablecoin Market Turbulence
Ripple’s Stablecoin Set to Boost Market to $3T by 2028 Amid SEC Hurdles
Ripple's anticipation of the stablecoin market expanding to a staggering $3 trillion by 2028 marks…
Tether Expands in Eastern Europe via CitiPay.io Investment
Tether, the prominent stablecoin issuer, has announced its strategic plans to expand its footprint into…
Tether Invests in Crypto Platform CityPay.io
Tether Boosts Investment in Georgian Payment Service CityPay.io: A Strategic Move to Enhance Crypto Adoption…