Tether CTO denies borrowing from bankrupt lender Celsius
Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
Tether moves to combat child abuse content marketplaces
Tether is set to collaborate with anti-child-abuse network INHOPE to help the industry combat child abuse material marketplaces.
Algorithmic stablecoin market share dropped by 10x from ATH: Report
The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most.
Crypto.com delists USDT for Canadian users following OSC ban
Registered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition.
Doubts mount over Huobi’s future as harsh layoff rumors denied
Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange.
Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers
2022 was an eventful year for the crypto world but not everyone came on top of it, we look at some of the biggest winners and losers from 2022.
What is USD Coin (USDC), fiat-backed stablecoin explained
USDC is a U.S. dollar-backed stablecoin issued by Circle and Coinbase to combat the price swings of the highly volatile cryptocurrency market.
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
None of the 31 crypto exchanges registered with Japan’s Financial Services Agency are currently offering trading in stablecoins like USDT or USDC.
Stablecoin settlements can surpass all major card networks in 2023: Data
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things.
