Business
Bernstein says crypto may finally have its killer application
[ad_1] Maybe payments are the best use for crypto after all – just not with bitcoin . According to Bernstein, stablecoins are “the monster…
Tag: Tether/USD Coin Metrics
Banking
Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin
[ad_1] Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter,…
Business
The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion market
[ad_1] Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images…
World News
A stablecoin collapse could spill into the U.S. bond market and economy, professor warns
[ad_1] The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the…