usdt

CoinDesk - Unknown
Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to a lawsuit that alleges unbacked USDT issuances have caused $1.4 trillion in damage to the market.
CoinDesk - Unknown

CoinDesk - Unknown
Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It
Surprisingly, Circle’s CEO expects USDC to benefit from getting booted from Binance, while market insiders predict a better trading experience.
CoinDesk - Unknown

CoinDesk - Unknown
Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC
The action effectively removes the world's second-biggest stablecoin, USD coin, as a tradable asset on Binance's giant platform.
CoinDesk - Unknown

CoinDesk - Unknown
Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
The USDT issuer's market cap has fallen to $66.1 billion from $82.2 billion in two months.
CoinDesk - Unknown

CoinDesk - Unknown
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
The company will be using the second-largest stablecoin by market cap for its relative stability.
CoinDesk - Unknown

CoinDesk - Unknown
Crypto Hedge Funds, Traders Short Tether After UST’s Implosion: Report
The positions are worth at least “hundreds of millions” of dollars in notional value, one trader said.
CoinDesk - Unknown

CoinDesk - Unknown
No, the UK Is Not Going to Make USDC and USDT Legal Tender
For “legalize” read “regulate.”
CoinDesk - Unknown

CoinDesk - Unknown
OCC: ‘No Contagion’ Post-Terra Collapse
A surprisingly measured set of comments from Acting Comptroller Michael Hsu.
CoinDesk - Unknown

CoinDesk - Unknown
Crypto Whales Ditched Tether for USDC After Stablecoin Panic
The UST failure prompted large investors on the Ethereum blockchain to leave USDT for the perceived safety of its biggest competitor.
CoinDesk - Unknown

CoinDesk - Unknown
Tether’s Reserve Attestations: Commercial Paper Down, Treasurys Up
Will the attestations be enough to calm Tether’s critics?
CoinDesk - Unknown