Investors claim Tether’s $118B reserves may face audit and liquidity risks
Tether’s market share has surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influence over the crypto industry.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tether’s market share has surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influence over the crypto industry.
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 CointelegraphRelated market context
Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin cal...
Ex-SWIFT CIO Tom Zschach Shuts Down XRP Partnership Claims in Two Words
Tom Zschach, who spent six years as SWIFT’s Chief Innovation Officer before recently leaving the company, pushed back against fres...
Avalanche (AVAX) Price Prediction: AVAX Slips Near $6.71 as ETF Removal, Bearish Patterns, and $6.50 Support Put Bulls Under Pressure
AVAX price is trading near $6.71 after falling around 1% over the past 24 hours, based on Brave New Coin data. The move keeps AVAX...
Tether’s TON Integration Pushes USDT Deeper Into Telegram’s Crypto Economy
Tether’s TON Integration Pushes USDT Deeper Into Telegram’s Crypto Economy is the kind of crypto story that looks simple at headli...
‘The Clearest Macro Risk to Bitcoin’: Why Bitfinex Is Warning Investors About the Yen Carry Trade
Analysts warn that a reversal in the current conditions of the Japanese yen, as the Bank of Japan moves to protect its fiat curren...
Yield-bearing assets now represent 10% of the stablecoin market, and they’re just getting started
The rise of yield-bearing stablecoins signals a shift towards integrating traditional finance with crypto, enhancing liquidity and...