May 5, 2025
Tether pledges to reset commercial paper holdings
Blockchain

Tether pledges to reset commercial paper holdings

  • by Sandra
  • July 27, 2022

Tether’s stablecoin (USDT) collateral portfolio does not include securities issued by Chinese companies. Its issuer has pledged to reduce its share of commercial paper from the current $3.7 billion by November at

Curve Finance to launch its own stablecoin
Blockchain

Curve Finance to launch its own stablecoin

  • by Sandra
  • July 22, 2022

Decentralized exchange Curve Finance is preparing to launch its own stablecoin. Founder Mikhail Egorov announced this in a speech with Calvin Koch, founder of Spartan Group, at the Redefine Tomorrow 2022 conference.

MakerDAO lends 0 million to US bank
Blockchain

MakerDAO lends $100 million to US bank

  • by Sandra
  • July 8, 2022

The MakerDAO DeFi community has approved the creation of a $100 million DAI vault for Huntingdon Valley Bank of America, which was founded in 1891. The voting cycle has ended. 117,540 MKR

Chinese court finds USDT fees illegal
Blockchain

Chinese court finds USDT fees illegal

  • by Sandra
  • July 6, 2022

In China, employers cannot pay employees in fixed currencies such as USDT. The People’s Court of Chaoyang District (Beijing) has issued a relevant decision, Beijing Daily news agency reported. The decision was