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Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters

Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters

Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. nat...
Sep, 08, 2023
2 min read
by Bitcoin News
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss...
Mar, 29, 2023
3 min read
by Bitcoin News
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stabl...
Mar, 11, 2023
2 min read
by Bitcoin News
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from ...
Mar, 04, 2023
2 min read
by Bitcoin News