Trump-affiliated USD1 has $0 in excess reserves
The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.
A Polymarket market has erupted in a dispute over whether or not Ukrainian President Volodymyr Zelenskyy wore a suit to a NATO summit.
Tether has made BTC an important part of its reserves, but does that make Tether vulnerable if BTC falls?
Justin Sun’s USDD is receiving most of its assets from HTX and is depositing them into new vaults launched without approval from a DAO.
Wrapped Bitcoin began hiding details about WBTC on TRON after Sun’s involvement, and the product now seems nearly abandoned.