#TUSD #Binance #stablecoins
TUSD Launches on BNB Chain as a Native Token
——
Earlier:
#cz_binance: HK banks start to support crypto. We will see more funds moving there. USDT alone is $80b market cap. More stable coins to come...
• TUSD | CZ
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🪆Перевод
TUSD Launches on BNB Chain as a Native Token
——
Earlier:
#cz_binance: HK banks start to support crypto. We will see more funds moving there. USDT alone is $80b market cap. More stable coins to come...
• TUSD | CZ
——
🪆Перевод
Medium
TUSD Launches on BNB Chain as a Native Token
We are delighted to announce that TUSD is now deployed on BNB Chain as a native token. From now on, individual and institutional clients…
Some #regulation and #adoption news...
→ #Russia. CBR admits use of cryptocurrency in external settlements as an experiment - Head of CBR Nabiullina
→ #UK. Bank of England says may need limits on using #stablecoins for payments
→ #Britcoin. BOE Official Says Digital Pound Could Work in Wholesale Markets
• Russia • Stablecoins • Britcoin
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🪆Перевод
→ #Russia. CBR admits use of cryptocurrency in external settlements as an experiment - Head of CBR Nabiullina
→ #UK. Bank of England says may need limits on using #stablecoins for payments
→ #Britcoin. BOE Official Says Digital Pound Could Work in Wholesale Markets
• Russia • Stablecoins • Britcoin
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🪆Перевод
Newsmaker.сlub
#Tether #BTC #USDT 🤝 🤝 Tether to Further Strengthen Reserves Through Purchase of Bitcoin with Realized Net Operating Profits Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin (BTC).…
#stablecoins
The End of the Great Stablecoins War II
It seems we have a winner in the, so called, Great Stablecoins War II and it is, of course, the USDT…
Current Mcap of Stablecoins:
#USDT - 82.83 bln [ATH - 83.22 bln]. Expect a breakthrough of the ATH this or next week, which could trigger a rise of the whole market...
#USDC - 29.77 bln [ATH - 55.89 bln; - 46%];
#BUSD - 5.55 bln [ATH - 23.36 bln; - 76%];
#DAI - 2.74 bln [ATH - 10.24 bln; - 52%];
#TUSD - 2.09 bln [ATH - 2.51 bln; - 17%].
——
Chronology:
→ Sep, 05, 2022. Binance to Auto-Convert USDC, USDP, TUSD to BUSD (Binance USD)
→ Oct, 24. SBF declared the beginning of the Great Stablecoins War II…
→ Feb, 13, 2023. Paxos to Stop Issuing Dollar-Pegged Binance Token
→ Mar, 11. Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
→ Mar, 15. Binance switched to TUSD, official…
→ May, 17. Tether said it would invest 15% of its net profit into bitcoin, that would amount to roughly $222 million, based on the company’s last attestation report.
• Binance • SBF • BUSD • USDC • TUSD
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🪆Перевод
The End of the Great Stablecoins War II
It seems we have a winner in the, so called, Great Stablecoins War II and it is, of course, the USDT…
Current Mcap of Stablecoins:
#USDT - 82.83 bln [ATH - 83.22 bln]. Expect a breakthrough of the ATH this or next week, which could trigger a rise of the whole market...
#USDC - 29.77 bln [ATH - 55.89 bln; - 46%];
#BUSD - 5.55 bln [ATH - 23.36 bln; - 76%];
#DAI - 2.74 bln [ATH - 10.24 bln; - 52%];
#TUSD - 2.09 bln [ATH - 2.51 bln; - 17%].
——
Chronology:
→ Sep, 05, 2022. Binance to Auto-Convert USDC, USDP, TUSD to BUSD (Binance USD)
→ Oct, 24. SBF declared the beginning of the Great Stablecoins War II…
→ Feb, 13, 2023. Paxos to Stop Issuing Dollar-Pegged Binance Token
→ Mar, 11. Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
→ Mar, 15. Binance switched to TUSD, official…
→ May, 17. Tether said it would invest 15% of its net profit into bitcoin, that would amount to roughly $222 million, based on the company’s last attestation report.
• Binance • SBF • BUSD • USDC • TUSD
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🪆Перевод
#stablecoins #USDT #USDC #TUSD
GM… USDT is depegging… It's been a long time, now everyone knows exactly what to do…
→ #CZSamSun shorted $USDT on #AaveV2 after USDT depegged.
He borrowed 31,544,278 $USDT from #AaveV2 and exchanged for 31,475,408 $USDC at a rate of $0.9978.
And he deposited 10M $USDC again on #AaveV2.
→ Whale"0xd275" borrowed 50M $USDC from #Aave after #USDT depegging and started buying $USDT to arbitrage.
→ #paolo_tether. We're ready to redeem any amount.
• CZSamSun • 0xd275 • Paolo
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🪆Перевод
GM… USDT is depegging… It's been a long time, now everyone knows exactly what to do…
→ #CZSamSun shorted $USDT on #AaveV2 after USDT depegged.
He borrowed 31,544,278 $USDT from #AaveV2 and exchanged for 31,475,408 $USDC at a rate of $0.9978.
And he deposited 10M $USDC again on #AaveV2.
→ Whale"0xd275" borrowed 50M $USDC from #Aave after #USDT depegging and started buying $USDT to arbitrage.
→ #paolo_tether. We're ready to redeem any amount.
• CZSamSun • 0xd275 • Paolo
——
🪆Перевод
Newsmaker.сlub
#stablecoins #USDT #USDC #TUSD GM… USDT is depegging… It's been a long time, now everyone knows exactly what to do… → #CZSamSun shorted $USDT on #AaveV2 after USDT depegged. He borrowed 31,544,278 $USDT from #AaveV2 and exchanged for 31,475,408 $USDC at…
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GM…
POWELL: CRYPTO HAS SOME STAYING POWER…
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Other:
→ #Binance has hired a former prosecutor M. Kendall Day at #DOJ to represent the firm in the SEC lawsuit. He was the former acting deputy assistant attorney general at the DOJ’s Criminal Division, where he worked for 15 years.
DOJ has been among other US agencies probing Binance, and it is probably the criminal prosecution that Binance and CZ are most worried about.
→ #Japan’s Biggest Bank MUFG Is in Talks to Issue Global #Stablecoins.
• Binance • Japan
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🪆Перевод
POWELL: CRYPTO HAS SOME STAYING POWER…
——
Other:
→ #Binance has hired a former prosecutor M. Kendall Day at #DOJ to represent the firm in the SEC lawsuit. He was the former acting deputy assistant attorney general at the DOJ’s Criminal Division, where he worked for 15 years.
DOJ has been among other US agencies probing Binance, and it is probably the criminal prosecution that Binance and CZ are most worried about.
→ #Japan’s Biggest Bank MUFG Is in Talks to Issue Global #Stablecoins.
• Binance • Japan
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🪆Перевод
Some KAIKO’s data…
→ Crypto markets are increasingly concentrated.
In 2020, the top exchange accounted for less than 30% of volume. Today, the top exchange (#Binance) accounts for 60%.
→ #XRP is officially the top traded altcoin of 2023!
#SOL, #DOGE and #BNB are next in line.
→ The total market cap for the top 5 #stablecoins has fallen for 5 consecutive quarters
→ #liquidity. Despite the recent rally, market depth has failed to recover since the FTX collapse.
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🪆Перевод
→ Crypto markets are increasingly concentrated.
In 2020, the top exchange accounted for less than 30% of volume. Today, the top exchange (#Binance) accounts for 60%.
→ #XRP is officially the top traded altcoin of 2023!
#SOL, #DOGE and #BNB are next in line.
→ The total market cap for the top 5 #stablecoins has fallen for 5 consecutive quarters
→ #liquidity. Despite the recent rally, market depth has failed to recover since the FTX collapse.
——
🪆Перевод
#PYPL #stablecoins
PayPal Launches a Stablecoin in Latest Crypto Payments Push
PayPal USD will be pegged to dollar, issued by Paxos Trust
Stablecoins have yet to take off in consumer-payment sector
PAYPAL USD FULLY BACKED BY U.S. DOLLAR DEPOSITS, SHORT-TERM U.S. TREASURIES AND SIMILAR CASH EQUIVALENTS, AND CAN BE REDEEMED 1:1 FOR U.S. DOLLARS
PAYPAL - STARTING MONDAY, ELIGIBLE U.S. PAYPAL CUSTOMERS WHO BUY PAYPAL USD CAN TRANSFER PAYPAL USD BETWEEN PAYPAL AND COMPATIBLE EXTERNAL WALLETS
• Bloomberg
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🪆Перевод
PayPal Launches a Stablecoin in Latest Crypto Payments Push
PayPal USD will be pegged to dollar, issued by Paxos Trust
Stablecoins have yet to take off in consumer-payment sector
PAYPAL USD FULLY BACKED BY U.S. DOLLAR DEPOSITS, SHORT-TERM U.S. TREASURIES AND SIMILAR CASH EQUIVALENTS, AND CAN BE REDEEMED 1:1 FOR U.S. DOLLARS
PAYPAL - STARTING MONDAY, ELIGIBLE U.S. PAYPAL CUSTOMERS WHO BUY PAYPAL USD CAN TRANSFER PAYPAL USD BETWEEN PAYPAL AND COMPATIBLE EXTERNAL WALLETS
• Bloomberg
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🪆Перевод
Bloomberg.com
PayPal Launches a Stablecoin in Latest Crypto Payments Push
PayPal Holdings Inc. is rolling out a stablecoin, the first by a large financial company and a potentially significant boost to the sluggish adoption of digital tokens for payments.
#stablecoins #USDT #USDC #Canada
The Great Stablecoins War is just gaining momentum ...
Strong move from the COIN-CIRCLE alliance... Canada, just the first country to be followed by all developed countries where Coinbase is represented US, EU, Japan?…. But Tether makes no secret that their priority is emerging markets…
Coinbase to suspend USDT trading for Canadian users
Users will still be able to deposit and withdraw USDT, DAI, and RAI after the deadline, but trading will be suspended.
Tether is a stablecoin backed by fiat reserves. Meanwhile, DAI exists as a hybrid between a fiat and algorithmic stablecoin. RAI, on the other hand, is an algorithmic stablecoin not pegged to any asset. Currently, the only stablecoin approved by the CSA for listing on centralized crypto exchanges is USDC (USD Coin).
——
Also:
Current circ. supply:
USDT - $83.09B
USDC - $26.05B
Total stablecoins m.cap - 124B
Jul, 2022 - Coinbase Exchange unified USD and USDC order books…
ByBit will list PYUSD…
• Canada | USD
——
🪆Перевод
The Great Stablecoins War is just gaining momentum ...
Strong move from the COIN-CIRCLE alliance... Canada, just the first country to be followed by all developed countries where Coinbase is represented US, EU, Japan?…. But Tether makes no secret that their priority is emerging markets…
Coinbase to suspend USDT trading for Canadian users
Users will still be able to deposit and withdraw USDT, DAI, and RAI after the deadline, but trading will be suspended.
Tether is a stablecoin backed by fiat reserves. Meanwhile, DAI exists as a hybrid between a fiat and algorithmic stablecoin. RAI, on the other hand, is an algorithmic stablecoin not pegged to any asset. Currently, the only stablecoin approved by the CSA for listing on centralized crypto exchanges is USDC (USD Coin).
——
Also:
Current circ. supply:
USDT - $83.09B
USDC - $26.05B
Total stablecoins m.cap - 124B
Jul, 2022 - Coinbase Exchange unified USD and USDC order books…
ByBit will list PYUSD…
• Canada | USD
——
🪆Перевод
#USDT #Tether #stablecoins
Tether Freezes 32 Addresses Linked to Terrorism and Warfare in Israel and Ukraine
The world's largest cryptocurrency company continues to take swift action against the illegal use of its stablecoin to fund terrorism and crime-related activities
To date, Tether has aided 31 agencies worldwide with investigations across 19 jurisdictions, freezing a total of $835 million in assets mostly associated with theft (blockchain and exchange hacks) with a minor portion to other crimes.
Of this, Tether has frozen 32 addresses, containing $873,118.34, that were found to be linked to illicit activity in Israel and Ukraine. Tether has been working with the NBCTF in Israel to counter cryptocurrency-funded terrorism and warfare.
“Cryptocurrency is a powerful tool, but it is not a tool for crime,” said Tether CEO, Paolo Ardoino.
——
Also:
Stablecoin issuer #TUSD was hit by a third-party security breach that led to the exposure of personally identifiable information of some of its clients.
The information included the first and last names of customers, their email addresses, and phone numbers (for customers who were onboarded in 2018-2019.) Client addresses, dates of birth, bank names, transaction histories, and blockchain account public addresses were also exposed.
• Tether | • TUSD
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🪆Перевод
Tether Freezes 32 Addresses Linked to Terrorism and Warfare in Israel and Ukraine
The world's largest cryptocurrency company continues to take swift action against the illegal use of its stablecoin to fund terrorism and crime-related activities
To date, Tether has aided 31 agencies worldwide with investigations across 19 jurisdictions, freezing a total of $835 million in assets mostly associated with theft (blockchain and exchange hacks) with a minor portion to other crimes.
Of this, Tether has frozen 32 addresses, containing $873,118.34, that were found to be linked to illicit activity in Israel and Ukraine. Tether has been working with the NBCTF in Israel to counter cryptocurrency-funded terrorism and warfare.
“Cryptocurrency is a powerful tool, but it is not a tool for crime,” said Tether CEO, Paolo Ardoino.
——
Also:
Stablecoin issuer #TUSD was hit by a third-party security breach that led to the exposure of personally identifiable information of some of its clients.
The information included the first and last names of customers, their email addresses, and phone numbers (for customers who were onboarded in 2018-2019.) Client addresses, dates of birth, bank names, transaction histories, and blockchain account public addresses were also exposed.
• Tether | • TUSD
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🪆Перевод