DeFi applications’ value will follow the stablecoin issuers, while PoW-forked versions will collapse, dooming an independent PoW chain to irrelevance
USDT announced its BTC loan to Celsius was paid in full — and then some
Tether whales rushed to redeem $16 billion in USDT following the collapse of Terra’s algorithmic stablecoin, rivaling history’s largest bank runs
Major cryptocurrency exchange Huobi is suing a former senior manager for allegedly trading against a company account to earn $5 million in Tether
Crypto lending platform and Celsius-investor Tether attempted to distance itself from Celsius on Monday as markets continued to slide
Bitcoin and ether are off 10% and 15% respectively as the total market returns levels not seen since January 2021
One month on from Terra ecosystem implosion, only one cryptoasset in the top 100 is in the green
Tether’s stablecoin widens the possibility for users on Polygon to generate yield or dip in and out of the network, the companies said
The top four stablecoins by market capitalization have shrunk around 4% in May, with Tether losing 11% of its supply to redemptions
Asset-backed stablecoins likely won’t be hurt by Terra situation, crypto execs say