Jp Morgan Says Crypto Exchanges Seeing ‘Severe’ Outflow
According to analysts at JP Morgan, the unraveling of the FTX crypto exchange has driven investors to withdraw their funds from their accounts on some prominent exchanges in the market.…
USDT Stablecoin Makes Its Debut Through Near Protocol To Gather More Presence
Tether Operations Limited, which is behind the issuance of the largest stablecoin Tether (USDT) has been constantly expanding its business. The company wants to gain as much ground as possible…
Tether Drops On Indian Exchange Platforms, Investors Buy Dip
Due to fresh regulatory uncertainties, Tether (USDT), the world's biggest Stablecoin in terms of market capitalization, has been unstable in Indian markets. And as a result of the price volatility,…
Circle Wants Stablecoin Issuers To Be Regulated
Stablecoin issuers such as USD Coin (USDC) and Tether (USDT) may likely be compelled to operate under the same rules as banks, but the CEO of USDC issuer Circle seemed…
Bitmex Now Supports Tether-Based Transactions
With effect from today, traders on BitMEX, one of the world's top cryptocurrency derivatives platforms, will be able to leverage and settle with Tether (ERC20-USDT) on the exchange's trading platform.…
Biden Administration Considers Regulation For Stablecoin Issuers
There are reports that the Biden administration is considering new regulations for stablecoin issuers. This will involve a new legal framework that would place stablecoin issuers and banks in the…