Stablecoins will play an important role bridging traditional markets with the programmable financial tools enabled by crypto, argues Abra's CEO.
The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.
Tether, the company behind the dollar-tied USDT, has hired a chief compliance officer from the eighth-largest bank in North America.
A suspected vulnerability in Tether's code for its USDT stablecoin has been confirmed as an exchange integration issue, not a protocol bug.
Crypto exchange Bitfinex's chief strategy officer Phil Potter is leaving the firm, Reuters reported Friday.
Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn't seem convinced.
Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats.
A new study by the University of Texas at Austin claims that the Tether stablecoin is used to increase bitcoin's price during market downswings.
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator…