Tether Eliminates Commercial Paper From Reserves in Transparency Push
Having battled rumors before, the stablecoin hopes to remove all doubt.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Goldman, Citi join $270 million push for bank-backed stablecoin: Report
Major banks' investment in a stablecoin venture signals a shift towards integrating traditional finance with digital currency inno...
TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress
Bitcoin Magazine TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress Banks will try again to...
37 European Banks Back Qivalis Euro Stablecoin in €450M Market Expansion
Key Takeaways: Qivalis has obtained the authorization from the Dutch regulatory authorities to issue electronic money in Europe. T...
Visa Adds Monad to Stablecoin Settlement Options as Institutions Seek More Rails
Visa’s growing list of blockchain settlement options reportedly has a new entrant: Monad. According to a November 10 report citing...
Goldman, Citi and Other Banks Reportedly Fund $270 Million Stablecoin Initiative
The stablecoin venture that 21 financial firms unveiled in September has about $270 million in commitments from its backers, with...
Monad Is Now a Settlement Option in Visa’s Stablecoin Program
Monad, a Layer 1 (base-layer) blockchain, is now one of the networks that banks and payment firms in Visa’s stablecoin settlement...