Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company.
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Category: Stablecoin
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Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks
On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether Connects With the Near Protocol Tether has revealed that tether (USDT) is […]Powered by WPeMatico
Tether USDT stablecoin goes live on Near Protocol to boost DeFi presence
Tether USDT is now live on 11 blockchain networks, including the NEAR Network, Polygon, Kusama, Ethereum, Omni and others.
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Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided to add a token called SURF […]Powered by WPeMatico
Crypto Biz: You can’t stop the Tether FUD
This week’s Crypto Biz newsletter: The Wall Street Journal questions Tether’s business model; venture capitalists are scooping up crypto at rock bottom prices.
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MiCA coming in hot in October, NFTs not in focus: EU regulators
In an online panel from the German Bundesblock, local regulators discussed details of upcoming MiCA regulation, along with a brief update on NFTs and stablecoins.
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Bybit expands spot USDC trading pairs as support for stablecoins grows
The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars.
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Tether responds to Wall Street Journal ‘disinformation’
To attack Tether’s reserves […] further highlights an agenda by the publication to single out Tether and hurt its reputation,” the USDT issuer said.
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South Korean central bank eyes MiCA, says future regulations may allow ICOs again
A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovation.
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Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway
Stablecoin issuers Tether, Circle and others hold more short-term U.S. Treasury Bills than Berkshire Hathaway.
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