Tag: Stablecoins

Circle holds just 73 BTC, raising questions about its Bitcoin commitment amid $5 billion valuation

Circle’s preliminary public providing (IPO) submitting has drawn sharp criticism from business…

4 Min Read

Tether strengthens Bitcoin portfolio with 8,888 BTC acquisition, sits on unrealized profit of $3.86 billion

Tether, the issuer of the world’s largest stablecoin USDT, acquired 8,888 Bitcoin…

2 Min Read

Tether co-founder backs new yield-bearing decentralized stablecoin

Reeve Collins, one of many unique architects behind Tether USD (USDT), is…

3 Min Read

Tether introduces bridge-free multichain liquidity for legacy USDT networks

Tether introduced on Feb. 11 the Legacy Mesh, a system designed to…

2 Min Read

Tether discloses 83,758 BTC holdings and $13 billion profit in 2024

Tether reported $7.8 billion in Bitcoin (BTC) holdings within the fourth quarter,…

3 Min Read

Coinbase CEO predicts Bitcoin reaching multimillion-dollar prices as adoption continues

Coinbase CEO Brian Armstrong predicted that Bitcoin (BTC) will attain the “a…

4 Min Read

Ethena Labs launches stablecoin backed by BlackRock’s tokenized fund shares

Ethena Labs introduced the launch of its USDtb stablecoin, which can leverage …

3 Min Read

Wintermute proposes fee switch for fair revenue sharing in Ethena protocol

The Ethena group is presently reviewing a proposal from crypto market maker…

2 Min Read