Bitcoin24h $114,340.94+1.70%

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Solana24h $227.61+3.42%

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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.

The European Central Bank and the Bank for International Settlements both say stablecoins pose a potential threat to financial stability.

The IMF is warning investors about so-called “algorithmic” stablecoins ⏤ which are often unstable and not meaningfully algorithmic.