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Results for Most Read, Stablecoins

7 stories, newest first

Dec 12, 2023 — Stablecoins, Tether

A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.

Circle and Tether executives have engaged in a series of increasingly public spats as the firms vie for control of the stablecoin market.

The little-known exchange is currently advertising an APY of 24.8% to customers who deposit Tether for a year on its platform.

Jun 21, 2023 — Banking, China

Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.

May 18, 2023 — Crypto, Politics

Tether, Circle, and Paxos have all hired firms to lobby on their behalf in Washington DC but Coinbase still spends millions more.

Kraken CEO Jesse Powell has supported shadowy stablecoin Tether since 2018. Curiously, he supported Custodia and its doomed projects, too.

Dec 22, 2022 — Crypto, Stablecoins

Tether has repeatedly promised complete transparency and to get itself audited. Neither of these things has happened but does anybody care?