Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over.…
Read more Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoinPaxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images The U.S. Securities and Exchange…
Read more The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion marketThe near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic…
Read more A stablecoin collapse could spill into the U.S. bond market and economy, professor warns
