What’s up with TrueUSD and the rest of TrustToken’s stablecoins?
The market cap of TrueUSD recently doubled to over $2 billion, but the stablecoin is still surrounded by opaque ownership and behavior.
Results for Stablecoins
100 stories, newest first
— Crypto, Regulation
Vitalik dumps shitcoins before Fed confirms inflation not peaked
Fed chair Jerome Powell warned of more inflation pain but claimed that stablecoins will have a part to play in the financial system.
— Crypto, Heka Funds
Exclusive: Tether whale Heka Funds manager explains 100% returns
Heka sub-fund Elysium Global Arbitrage Fund buys Tether from one exchange and sells it on another, taking the difference in the spread.
— Crypto, Justin Sun
Justin Sun’s stablecoin TUSD curiously grows amid market meltdown
Sun's TUSD has seen its market cap go from $750M to nearly $1.2B despite it not being able to get regular attestations from its auditor.
— Crypto, Heka Funds
Meet Heka Funds, the Tether whale that never stops giving
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.
License-hunting Crypto.com kills Tether for Canadian users
A Crypto.com spokesperson said that its decision on Tether was made "in accordance with instructions from the Ontario Securities Commission."
Tether transparency: A lesson in lying
Tether has repeatedly promised complete transparency and to get itself audited. Neither of these things has happened but does anybody care?
Binance to forcibly liquidate major stablecoins — but not Tether
Binance will sell customers' balances of USDC, USDP, and TUSD into Binance’s stablecoin, BUSD, by September 29.
— Crypto, Regulation
Central banks playing catch-up in bid to influence stablecoin legislation
The European Central Bank and the Bank for International Settlements both say stablecoins pose a potential threat to financial stability.
Algorithmic stablecoin collapse may crash crypto markets again, says IMF
The IMF is warning investors about so-called "algorithmic" stablecoins ⏤ which are often unstable and not meaningfully algorithmic.