Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2907, providing you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceTether's valuation is targeting $500 billion, putting its market capitalization on par with Goldman Sachs. Can it catch up with JPMorgan Chase?
JinseFinanceWhile Wall Street’s interest has boosted the entire crypto market, William Quigley said it also comes with risks.
JinseFinanceUSDT is also present on Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, Tron, and Kava
BeincryptoTether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.
OthersTether has stated that its secured loans are heavily collateralized, hitting back at WSJ.
Beincrypto
Tether said the hedge funds that saw Terra’s collapse as a reason to short USDT have “a fundamental misunderstanding of both the cryptocurrency market and Tether."
CointelegraphWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphThe total USDC supply on Ethereum has surpassed that of Tether, making the USDT supply on Ethereum second for the first time.
Cointelegraph