Tether says it makes money but can’t ditch loans
Tether has made a huge amount of money from interest recently but it just can't seem to ditch the allure of secured loans.
Results for Crypto, Stablecoins
99 stories, newest first
— Crypto, Justin Sun
ChainArgos: Justin Sun’s JustLend doesn’t send ‘stables’ where advertised
USDT that customers once held on Huobi is now daisy-chained into JustLend, a 'decentralized' lending protocol dominated by Sun.
The beef between Circle and Tether
Circle and Tether executives have engaged in a series of increasingly public spats as the firms vie for control of the stablecoin market.
Justin Sun-linked crypto exchange WhiteBIT raises red flags
The little-known exchange is currently advertising an APY of 24.8% to customers who deposit Tether for a year on its platform.
— Crypto, Justin Sun
‘Someone’ is spamming thousands of addresses with stUSDT
A single address spent several days spamming thousands of addresses with stUSDT after receiving a small amount from Huobi.
PayPal stablecoin can be frozen like Tether and Circle
PayPal's stablecoin is neither unique nor special, instead inheriting design decisions from many existing tokens.
Curve founder dumps CRV on Justin Sun to avoid liquidation
Michael Egorov has sold over 39 million CRV tokens in OTC deals to protect against his huge loan position being liquidated.
Why does Changpeng Zhao have stablecoins on the brain?
Changpeng Zhao took to Twitter Spaces for an AMA where he spent much of his time discussing stablecoins including Tether, TUSD, and FDUSD.
Here’s why decentralized finance is actually very centralized
Most DeFi protocols are controlled by a small number of smart contracts whose keys are held by one person or a tiny group of insiders.
Tether bought commercial paper from subsidiary of alleged terrorist-linked bank
Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.