tether

Anomalous growth of Bitcoin and decrease in the USDT on Bitfinex: what really hides behind the scenes, what does it have to do with mysterious IMMO and whose trading bots in charge of massive USDT sales? Answers seem to be found now.

Binance is actively looking to list more stablecoins in addition to the three it already supports and is currently evaluating almost all the stablecoins on the market.

Bitfinex resumes users’ fiat deposits introducing a new, improved and increasingly resilient distributed banking system for sending fiat currencies to the exchange.

Controversial stablecoin Tether is going through a rough phase losing nearly 20% of its valuation in a week’s time with the decrease in USDT circulation in the crypto market.

BitPay customers may now receive settlement in Gemini Dollar (GUSD) and USD Coin (USDC), USD-pegged cryptocurrency stablecoins, without relying on costly, time-consuming wire transfers.

After last weeks massive correction, today’s recovery in the crypto market is a huge relief to the investors.

PwC said that its partnership will provide for more transparency and value substantiation, and enhance investors’ trust in the cryptocurrency stablecoin market.

Digifinex has announced important changes in the list of the coins available on the platform: TrueUSD (TUSD) will now replace Tether (USDT).

Based on the Ethereum network, the Carbon team plans to shift the stablecoin protocol on scalable algorithmic model Hedera Hashgraph, once it reaches sufficient liquidity.

Stablecoins are the goal of achieving genuinely price-stable cryptocurrencies that can effectively function as a medium of exchange, store of value, and fungible unit of account.