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
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatia...
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge...
SEC staff’s staking-token split spotlights the exit risks behind staked ETH tokens
An ETH holder can sell a liquid-staking token while the ETH behind it remains staked. A Sept. 25 SEC staff FAQ draws a conditional...
Fed proposed stablecoin rule could trigger a 48-hour liquidation run
The Federal Reserve's proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An...
XRP News: Ripple’s Multi-Asset Payments Model Predates Resurfaced XRP Remarks
Ripple CEO Brad Garlinghouse said XRP may be the best bridge asset for some cross-border payments, while a stablecoin could solve...
Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the atta...