Shares of stablecoin issuer Circle (CRCL) gained in morning trade on Friday after data showed the company had minted 500 ...
The CEO of stablecoin issuer Tether pushes back against the recent USDt downgrade from S&P Global and fear, uncertainty, and doubt from crypto influencers.
Tether received a 'weak' grade on USDT, as S&P Ratings Global expressed doubts the company had reliable collaterals to support the stablecoin's dollar peg.
S&P Global downgraded its rating of Tether, the world's largest stablecoin on Wednesday, citing an increase in higher-risk ...
Crypto analysts insist that Tether is financially stronger than ever, highly profitable, and operating with a ...
Arthur Hayes warns Tether’s shift into gold and Bitcoin raises solvency risks as its reserves adjust ahead of a possible ...
USDT stablecoin issuer Tether is halting its Bitcoin mining operations in Uruguay due to high energy costs, local media has ...
Ardoino’s remarks come after S&P Global Ratings downgraded Tether’s USDT to the lowest score on its stablecoin stability ...
After Terra USD’s downfall last week bared the flaws in the mechanisms meant to buffer stablecoin volatility, investors have been unsurprisingly squirrelly on other pegged cryptocurrencies. Now Tether ...
Tether CEO Paolo Ardoino is responding to S&P Global Ratings after the firm lowered its stability rating on its stablecoin ...
S&P downgrades Tether's USDT to lowest grade citing high-risk assets, Bitcoin exposure, and transparency concerns.
Tether has paused its Uruguayan Bitcoin mining operations following an alleged $4.8 million debt dispute, but said it’s ...