Stablecoin presence key to blockchain legitimacy, says ZachXBT
ZachXBT said major stablecoin issuers like Tether and Circle define blockchain legitimacy, while questioning the absence of stablecoins on Cardano and XRP Ledger.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
ZachXBT said major stablecoin issuers like Tether and Circle define blockchain legitimacy, while questioning the absence of stablecoins on Cardano and XRP Ledger.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Tether Says It Froze More Than $1.5B Linked to the Binance Theft
TL;DR: Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working w...
Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority
Bitcoin Magazine Judge Lets Stock Perpetual Futures Keep Trading but Says CFTC Likely Overstepped Its Authority Stock perpetual fu...
Why Bitcoin’s Next Soft Fork Could Feel Like a Practice Run
Bitcoin developers look set to address four flaws in Bitcoin’s consensus rules that have lingered for years. Issues like quantum r...
ZachXBT Says Exchange Accounts Drained of Over $133 Million Belonged to Crédit Mutuel Arkéa
Onchain investigator ZachXBT has alleged that the European financial institution he says lost more than $133 million in a suspecte...
THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
THORChain had switched swaps back on for most of the chains halted after an Oct. 31 Ethereum reorg, according to the network’s own...
Bitwise CIO says Binance’s $6.3B hack is unlikely to have lasting impact on Bitcoin
The crypto market's maturity is evident as major tokens remain stable, highlighting a shift towards fundamentals over speculative...