usdt

Curve's 3pool (Source: Curve.fi)
Tether Dominates Curve's 3pool Liquidity With DAI, USDC Accounting for Just 15%
Tether accounts for 85% of the total liquidity in Curve's 3pool. While the stablecoin is seeing some volatility, the price remains firmly near the 1:1 U.S. dollar peg,
Curve's 3pool (Source: Curve.fi)

USDT traded lower than its intended peg on Thursday. (Cryptowatch)
Tether's USDT Stablecoin Drops 3% Below $1 Peg
USDT is trading at 97 cents on several bourses, and briefly fell as low as 93 cents on the Kraken exchange.
USDT traded lower than its intended peg on Thursday. (Cryptowatch)

(Ingo Rösler/Getty Images)
El emisor de stablecoin Tether pondrá a disposición USDT en 24.000 cajeros automáticos de Brasil
La conversión de tether en reales brasileros y viceversa estará a cargo del proveedor de servicios de criptomonedas local SmartPay junto con TacBan, propietario de los cajeros automáticos.
(Ingo Rösler/Getty Images)

Brazil flag. (Getty Images)
Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs.
Brazil flag. (Getty Images)

CDCROP: Gavel Justice Law (Shutterstock)
US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report
The firm was removed even after its controversial founder Kyle Roche filed to withdraw from the case.
CDCROP: Gavel Justice Law (Shutterstock)

CDCROP: TRON founder and new diplomat Justin Sun has been rallying his followers to donate to Ukraine (Flickr/ CoinDesk)
Tron Partners With Dominica to Issue National 'Fan Token'
The Caribbean island's government may accept native Tron tokens such as TRX and USDT for public payments including taxes, under a new ordinance.
CDCROP: TRON founder and new diplomat Justin Sun has been rallying his followers to donate to Ukraine (Flickr/ CoinDesk)

USDC's market cap (CoinGecko, CoinDesk)
Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse
USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.
USDC's market cap (CoinGecko, CoinDesk)

Jeremy Allaire Circle
Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says
Researchers at the Federal Reserve Bank of New York published a new paper claiming Circle's USDC stablecoin poses a risk to the broader financial system.
Jeremy Allaire Circle

DO NOT USE: Tether's Chief Technology Officer Paolo Ardoino (Tether)
Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
DO NOT USE: Tether's Chief Technology Officer Paolo Ardoino (Tether)

DO NOT USE: Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Credit: Twitter/Bitfinex, modified by CoinDesk)
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.
DO NOT USE: Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Credit: Twitter/Bitfinex, modified by CoinDesk)