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3232USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up
https://www.digit.info/usde-and-fdusd-experience-brief-depegs-amid-saturdays-crypto-market-shake-up/
Sun, 14 Apr 2024 14:40:36 +0000https://www.digit.info/2024/04/14/usde-and-fdusd-experience-brief-depegs-amid-saturdays-crypto-market-shake-up/Read more]]>The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]
]]>Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
https://www.digit.info/tether-hires-bdo-italia-for-monthly-assurance-reports-usdts-quarterly-attestation-shows-a-58-decrease-in-commercial-paper/
Sat, 20 Aug 2022 18:30:58 +0000https://www.digit.info/2022/08/20/tether-hires-bdo-italia-for-monthly-assurance-reports-usdts-quarterly-attestation-shows-a-58-decrease-in-commercial-paper/Read more]]>This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin issuer’s reserves. The following day, Tether published its quarterly assurance opinion completed […]
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]
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This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin issuer’s reserves. The following day, Tether published its quarterly assurance opinion completed […]