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.
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PayPal's stablecoin is neither unique nor special, instead inheriting design decisions from many existing tokens.
Russian rouble and 'stablecoin' tether trade volume soared 277% on June 24, magnifying concerns of illicit activity.
TRM Labs says mounting evidence points to pro-ISIS groups across Asia warming up to crypto, overwhelmingly using USDT on the Tron network.
A group of Chinese suspects have confessed to operating a Tether (USDT) money laundering ring across the country, local news reports.
The victim says she was handed a bundle of fake notes in return for $128k in tether while the shop's 'owner' fled through a back door.
Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.
Documents obtained by CoinDesk and Bloomberg shed additional light on Tether reserves, showing the issuers of its commercial paper.
Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.
— Crypto, Stablecoin
Total stablecoin market cap has fallen for 14 consecutive months and currently sits at its lowest level since September 2021.
As of March, Tether's $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.