2022-7-1 19:30 |
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far.
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Tether’s commercial paper has shrunk to zero, the USDT issuer has announced. Instead of…
The post Tether cuts commercial paper reserves to zero appeared first on CoinJournal.
2022-10-14 00:25 | |
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The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper.
2022-10-14 21:10 | |
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Stablecoin issuer Tether has cut its commercial paper holdings to $8.5 billion, with a further reduction to $3.5 billion planned for the end of the month.
2022-7-1 17:34 | |
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Tether has released a statement to counter reports making rounds about its commercial paper portfolio. The post Tether claps back at rumors surrounding its commercial paper portfolio appeared first on CryptoSlate.
2022-6-16 19:43 | |
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Компания Tether назвала ложными слухи об обеспечении резервов стейблкоина USDT на 85% китайскими коммерческими бумагами, которые торгуются с дисконтом в 30%. Tether Condemns False Rumours About Its Commercial Paper Holdings https://t.
2022-6-16 16:52 | |
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Tether has categorically denied rumors about its commercial paper holdings, claiming they are being spread to induce panic and generate profits. The post Tether Refutes Rumors Surrounding Stablecoin Backing appeared first on BeInCrypto.
2022-6-15 15:45 | |
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The stablecoin issuer Tether has dismissed rumors concerning the heath of its commercial paper portfolio as completely false and likely spread to induce further panic. Tether Condemns False Backing Rumors...
2022-6-16 14:45 | |
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Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.
2022-6-16 12:50 | |
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Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers.
2022-6-16 11:32 | |
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On May 19, Tether released its latest quarterly assurance opinion showing its reserves’ strength and the relevant reductions in commercial paper investments, as well as a total increase in U. S.
2022-5-23 00:12 | |
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As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT.
2022-5-21 17:00 | |
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Tether reduced its commercial paper holdings by 17% from $24.2 billion to $19.9 billion in the quarter ended March 31, according to it latest attestation report.
2022-5-20 17:49 | |
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The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio. “Over time, we will keep reducing the commercial paper, we aren’t finished yet with the reduction.
2022-4-15 22:20 | |
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Tether intends to further reduce the share of commercial paper in the reserves that back its USDT stablecoin
2022-4-14 19:18 | |
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Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The USDT issuer has reduced its reserves allocation to commercial paper by over 20%.
2022-2-24 21:00 | |
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Bloomberg says Tether has invested billions of dollars of its reserves in Chinese commercial paper and loaned $1 billion to crypto lender Celsius Network with Bitcoin as collateral. The post Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative first appeared on BitcoinExchangeGuide.
2021-10-7 18:47 | |
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Stablecoin Tether says it does not hold any commercial paper from Evergrande in recent a statement. Evergrande, China’s second-largest property developer by sales, recently warned that it was in danger of defaulting on massive debts.
2021-9-17 21:00 | |
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While the crypto market is contemplating the effect of Evergrande's possible fallout, Tether has clarified that it is “doesn't hold and never held,” commercial paper issued by Evergrande. The post China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis first appeared on BitcoinExchangeGuide.
2021-9-16 17:30 | |
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As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.
2021-9-17 12:26 | |
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Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has been very hot for the company.
2021-7-31 07:00 | |
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Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins.
2021-7-3 20:31 | |
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Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31.
2021-5-14 21:20 | |
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A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain.
2020-6-9 11:48 | |
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A research paper published on June 1, 2020, by the Federal Reserve of Philadelphia shows account-based central bank digital currency (CBDC) could potentially replace the role of commercial banks if panic runs are managed and commercial banks are given a level playing field in the money market.
2020-6-6 19:06 | |
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The research explores how "central banking for all" via digital currency could affect commercial banks.
2020-6-6 11:13 | |
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The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper
2020-4-22 00:56 | |
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The Federal Reserve Board announced Tuesday the establishment of a Commercial Paper Funding Facility (CPFF) to support the flow of credit to small businesses and households. With further volatility expected in the traditional markets due to Coronavirus fears, it could provide the right opportunity for Bitcoin to step in on the dominance of the American […] The post Coronavirus Crisis Could Propel Bitcoin to Replace the Dollar as the World’s Reserve Currency appeared first on BeInCrypto.
2020-3-19 08:10 | |
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The Belgian company Euroclear has announced the development of a blockchain project for the issuance of European Commercial Paper (ECP). The proposed solution is a collaboration between the European Investment Bank (EIB), Euroclear, Banco Santander, and EY.
2019-6-20 11:00 | |
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Coinspeaker EIB, Euroclear, Banco Santander and EY to Introduce Pilot for ECP SettlementEuroclear in cooperation with EIB, Santander and EY will push their blockchain-based platform for the issuance and settlement of European commercial paper to a pilot phase.
2019-6-19 14:47 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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Four Banks Complete Commercial Paper Transaction Of $100,000 EUR On R3’s Corda Blockchain The Corda blockchain, developed by the R3 tech conglomerate, is getting more and more widely used. Now, four European banks (ING, Rabobank, Commerzbank and Natixis) have settled transactions using the platform.
2018-12-6 22:29 | |
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Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.
2018-12-6 17:30 | |
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Nvidia has made its PhysX GPU-accelerated physics simulation engine open source, which means anyone can integrate into their games, as well as projects involving AI, robotics, and autonomous vehicle systems.
2018-12-4 09:35 | |
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EY Team Wins European Investment Bank Blockchain Hackathon As per Finextra, programmers from EY won the top prize for the recently concluded blockchain hackathon conducted by the European Investment Bank (EIB).
2018-8-15 20:33 | |
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According to a Finextra report on August 13, 2018, a team of programmers from EY have won the distributed ledger technology (DLT) hackathon organized by the European Investment Bank (EIB) aimed at formulating fail-proof methods to redesign the transaction processing of commercial paper with blockchain technology.
2018-8-14 18:00 | |
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With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep-sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology.
2018-7-12 23:26 | |
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Chinese police in Sichuan reportedly intensified crackdowns on underground banking networks, with a particular focus on USDT transactions totaling billions of U.S. dollars. Chinese police in the Sichuan province reportedly uncovered a wide-scale underground banking scheme, with operations reportedly involving…
Stablecoin issuer Tether froze around 5.2 million USDT on addresses believed to be operated by phishing scammers.
Poloniex’s exchange data seen by crypto.news displays what appears to be a partially abandoned platform, with over 500 trading pairs showing no trading volume. Cryptocurrency exchange Poloniex, acquired by Justin Sun in 2019, demonstrates a concerned lack of activity as…
Tether CEO Paolo Ardoino says an uninformed executive behind a company being investigated by the SEC is being reported “spreading fear about USDT.” Tether boss Paolo Ardoino said in a recent post on X that an “uninformed CEO” is allegedly…
Tether boosts CityPay. io to expand payment solutions across Eastern Europe, targeting emerging markets and crypto payment technologies. The post Tether expands Eastern European operations with CityPay.
Maximilien de Hoop Cartier, heir to the famed jewelry dynasty, was arrested by US authorities for allegedly laundering millions of dollars for a Colombian drug cartel. Cartier, who primarily resides in France but holds Argentine citizenship, now faces a slew of charges related to money laundering and unlicensed money transmission. Related Reading: Bitcoin Bull Michael […]
In an interesting turn of events, Bitfinex chief technology officer (CTO) Paolo Ardoino has dismissed rumors of the exchange being involved in a large-scale data breach. This came in response to claims of a significant security breach by the hacking group FSOCIETY a little over a week ago. On April 26, FSOCIETY claimed on its […]