The Tether general counsel has declared an official audit in few months. USDT is a popular stablecoin occupying the third position in global digital assets.
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$60K is now more likely for Bitcoin than $20K, Bloomberg’s senior strategist asserts
The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar.
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Paxos Standard Presents Assets Backing Its Stablecoins
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed
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Argentinian Province Misiones Plans to Issue Its Own Stablecoin
The Argentinian province of Misiones plans to issue its own stablecoin in the future. This is one of the objectives that a recently approved law,
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Treasury Secretary Yellen Asks US Regulators Overseeing Crypto Assets to ‘Act Quickly’ to Regulate Stablecoins
U.S. Treasury Secretary Janet Yellen has asked the regulators overseeing crypto assets to “act quickly to ensure there is an appropriate U.S. regulatory framework in
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Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by
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