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Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network … Read more
USDD – The world’s first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the benefit of tokenholders by PrimeTrust as trustee, a third-party trust … Read more
It seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed one-to-one by fiat US dollars held at the company’s partner bank, Prime Trust. Also Read: … Read more
Another outside observer of the controversial tether cryptocurrency is warning about the dangers it presents for the uninterrupted operation of USDT exchanges. Weiss Ratings is seeking to educate investors on the systematic risk tether introduces to the ecosystem. Also Read: Faced With Criticism IOTA Fans Try to Bully Growing List of Detractors Inherent Risks of … Read more
All of us were thrilled by the MoneyToken’s advances and successes recently. During the last several months, the team has achieved a lot: applied for a crypto-backed loans patent, announced Amanda AI loan assistant, and finally – almost finished their MVP development. MoneyToken has announced the Private Sale, which is meant to start on February … Read more
Barely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the opaque company began to wonder whether … Read more
