Tether

PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
May 17, 2022  |  Digital Payments

Today is Tuesday (May 17), and it’s the biggest day for voting so far in 2022, with ballots being cast by Dems and GOP voters...

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Tether Drops 9% in $7B Investor Selloff 
Tether Drops 9% in $7B Investor Selloff 
May 17, 2022  |  Cryptocurrency

The world’s biggest stablecoin, Tether, dropped an estimated 9% in value since May 12 and lost more than $7 billion as investors pulled out amid...

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SEC’s Peirce Anticipates Stablecoin Regulations in Wake of Terra Tumble
SEC’s Peirce Anticipates Stablecoin Regulations in Wake of Terra Tumble
May 13, 2022  |  Cryptocurrency

According to a top official at the Securities and Exchange Commission (SEC), there could be stricter rules imminent for crypto stablecoins, Reuters reported Thursday (May...

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Tether Breaks Buck as Stablecoin Panic Spreads
Tether Breaks Buck as Stablecoin Panic Spreads
May 12, 2022  |  Cryptocurrency

Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over...

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Senator Toomey Sounds Alarm for Stablecoin Regulation
Senator Toomey Sounds Alarm for Stablecoin Regulation
May 06, 2022  |  Cryptocurrency

Regulation is needed immediately for the $180 billion stablecoin market or “bad things will happen” to people’s investments, Senator Pat Toomey (R-Pennsylvania) said in an...

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With Short Sellers Gunning For Tether, Stablecoins Risk Grows
With Short Sellers Gunning For Tether, Stablecoins Risk Grows
April 04, 2022  |  Cryptocurrency

News that a number of investment firms are shorting the top stablecoin, Tether’s USDT, is a development that could have a serious impact on the...

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Speculators Are Betting Stablecoin Tether Will Lose Value
Speculators Are Betting Stablecoin Tether Will Lose Value
April 03, 2022  |  Cryptocurrency

Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. But firms such...

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As Bill Requiring 100% Cash Reserves for Stablecoins Debuts, USDC Picks BNY Mellon as Custodian
As Bill Requiring 100% Cash Reserves for Stablecoins Debuts, USDC Picks BNY Mellon as Custodian
April 01, 2022  |  Cryptocurrency

A bill introduced in both the House and Senate Thursday (March 31) seeks to set quality standards for the cash reserves backing many stablecoins while...

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The Case for Stablecoins: A Better, Safer, More Innovative Payments Solution Than Bitcoin
The Case for Stablecoins: A Better, Safer, More Innovative Payments Solution Than Bitcoin
March 29, 2022  |  Cryptocurrency

There are few segments of the cryptocurrency industry that get as much focus from policymakers as stablecoins. Ever since Meta panicked elected officials, central bankers...

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