Tether, the company behind the USDT stablecoin, has reduced its commercial paper holdings in line with its plans for the same. In an announcement released on July 1, Tether said it had reached the tar...
Tag: Paper
Tether continues to reduce commercial paper in sharp reduction since March
Tether is reducing its commercial paper holdings on pace with plans, the stablecoin company reported Friday. It has reached the target sum of $8.4 billion in commercial paper, as per intentions first ...
Tether reducing commercial paper holdings down to $3.5 billion by end-July
Tether said July 1 that it is further reducing its commercial paper portfolio. This latest reduction will the stablecoin issuer’s commercial paper assets drop to a low of $3.5 billion from its current...
Tether Reduces Commercial Paper Reserves by Another $5B
Key Takeaways Tether is reducing its paper asset reserves by almost $5 billion. The company is trying to increase its share of U.S. treasury bills and intends to bring its paper holdings to zero. The ...
How to use a Bitcoin Paper Wallet? Simple Wallet Guide
Security is particularly important when acquiring and storing bitcoin. It’s horrible when an investor buys cryptocurrencies for the long term, then gets hacked and the cryptos stolen. The correct sele...
Pentagon paper warns of major vulnerabilities in the Bitcoin blockchain
As the cryptocurrency industry continues to expand and becomes an increasingly attractive target to hackers, the Pentagon has commissioned a study that has discovered some concerning vulnerabilities, ...
Tether Reduces Commercial Paper Exposure to $8.4B Amid USDT Backing Questions – crypto.news
On Monday 27th, Tether CTO Paolo Adorino explained the backing of the Tether stablecoin. Paolo Noted that the network has successfully reduced the USDT commercial paper exposure from $45 billion to $8...
Visa CBDC Paper Discusses Major Adoption Challenges and Questions for Policymakers – crypto.news
Leading multinational financial services company Visa recently released a paper on central bank digital currencies (CBDC) that dives deep into the common challenges, their solutions, and questions pos...
Congressman Jim Himes puts out white paper for digital dollar
With heightened political attention on digitizing the dollar, one member of Congress has laid out his vision. On June 22, Rep. Jim Himes (D-CT) released a white paper called “Winning the Future ...
Tether Denies False Rumors Regarding Its Commercial Paper Holdings, Exposure to Celsius – crypto.news
Tether, a stablecoin provider, has spoken out against “rumors” that it holds commercial paper, a form of short-term corporate debt, while also attempting to distance itself from struggling lender Cels...
Tether Hits Back at ‘Rumors’ Regarding its Commercial Paper Portfolio
Tether dismissed what it labeled as “false rumors” regarding the reserves that back its USDT stablecoin in a statement released Wednesday morning. It said in a blog post the notion its “commercial pap...
Tether To Focus On Cutting Down USDT’s Commercial Paper Backing To Zero
Tether, the significant stablecoin, is planning on ultimately getting rid of commercial paper backing for Tether (USDT), its United States dollar-based stablecoin. Tether recently issued an offi...
Tether aims to decrease commercial paper backing of USDT to zero
The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its United States dollar-based stablecoin Tether (USDT). Tether issued an official statement on Wed...
Tether claps back at rumors surrounding its commercial paper portfolio
? Want to work with us? CryptoSlate is hiring for a handful of positions! Tether has released a statement to counter reports making rounds about its commercial paper portfolio. The rumors claimed that...
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
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NYDIG Paper Claims Algorithmic Stablecoins Are Impossible And DeFi Too Risky
In “On Impossible Things Before Breakfast,” NYDIG uses the Terra/ LUNA collapse as a case study. The paper aims to prove that the algorithmic stablecoin concept is flawed in nature. It also takes aim ...
Fed Paper Sheds Light On Possible Impacts Of CBDCs On US Monetary Policy
The US has been giving constant thought to the Central Bank Digital Currency (CBDC) for quite some time now. The US Federal Reserve has released the latest study on the potential impacts of a re...
Indian Finance Ministry Preparing Consultation Paper for Crypto Regulations ⋆ ZyCrypto
Advertisement     The Indian government is engaged in consultations with domestic and international agencies on crypto regulations. It expects to prepare a consultatio...
Crypto Consultation Paper in Cooperation With IMF in Works as India Eye Regulation
3 hours ago | 2 mins read Editors News Uncertain regulations have made it difficult for the Indian crypto business to function. Crypto is a worldwide concern that requires “collective and synchronised...
Fed paper looks at the potential effects of CBDC on monetary policy
On Tuesday, the United States Federal Reserve released a study on the possible effects of a retail central bank digital currency (CBDC) on U.S. monetary policy implementation. The study, dated April, ...
India Is Working With IMF On The Crypto Regulation Paper
The Indian Government reportedly will decide and finalise the crypto consultation paper. This consultation paper will comprise inputs from other stakeholders and institutions such as The World Bank an...
India cooperates with IMF on crypto consultation paper
The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could ...
Crypto consultation paper: Indian government ‘fairly ready’
The legislation process regarding crypto has continued for a while, and various governments have moved forward. They have the motive of making crypto investments easier and safer for investors. The In...
The Indian Government’s Consultation Paper on Cryptocurrency is Fairly Ready
The Indian finance ministry officials have recently discussed a crypto regulatory framework with various stakeholders, including the IMF, the World Bank, the Reserve Bank of India (RBI), and the Secur...
Indian Govt is Ready With its Consultation Paper on Cryptocurrencies
After months of consultation with domestic as well as foreign stakeholders and organizations such as the IMF and World Bank, India is in the last stages of finalizing a consultation paper on cryptocur...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’ – Coinotizia
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’ – Regulation Bitcoin News
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global...
Indian govt official reveals a crypto consultation paper is ‘ready’
During the course of the last year, the process of regulating the use of cryptocurrencies in India has been a continuous affair; nevertheless, recent news emanating from an official source has suggest...
Is Terra’s Singapore Office A “Paper Company?”
Terra’s main office in Singapore may be just a paper firm, according to reports from a South Korean media outlet. The report contradicts statements from Terra founder Do Kwon that Terraform Labs (TFL)...
How Tectum Is Using SoftNote To Replace Paper Money And Rewarding Users in our ecostream
Tectum team has announced the the SoftNote, a fintech product that brings blockchain technology to traditional ‘cash money’. This product is one that transcends the issues currently plaguing mainstrea...
These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates
One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...