Stablecoin holders can earn 8.5% annually on USDC, USDT via Ledn Growth Accounts

Crypto lending firm Ledn announced on Sept. 12 that its interest-bearing Growth Accounts now support both of the crypto market’s leading stablecoins. Mauricio Di Bartolomeo, Co-Founder and CSO of Ledn, said:  “We have listened to the industry’s demand for a new way to earn yield in a safer and more transparent manner …  Ledn’s USD […] The post Stablecoin holders can earn 8. дальше »

2023-9-12 19:00

Coinbase raises USDC interest rate to 5%

Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% introduced earlier in the year. Based on historical data from the company’s website, the increase marks an impressive 150% bump from the 2% reward rate on USDC that was active as of June 9. дальше »

2023-9-10 17:42

Tether now a top global buyer of US Treasury bills amid market turmoil

Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and […] The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate. дальше »

2023-9-5 11:02

Redefining market metrics: Bitcoin and S&P 500 part ways with global liquidity

Quick Take Bitcoin’s recent surge after Grayscale’s recent win in its lawsuit against the SEC was accompanied by a boost in global liquidity. This measure, encompassing the Federal Reserve balance sheet (less the reverse repo and treasury general account), along with fed remittances and the balance sheets of ECB, BOJ, PBoC, and BOE, plays a […] The post Redefining market metrics: Bitcoin and S&P 500 part ways with global liquidity appeared first on CryptoSlate. дальше »

2023-9-1 22:00

Republican lawmakers object to Fed’s proposed crypto, stablecoin rules

Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »

2023-8-29 22:50