USDT Issuer Tether Eliminates Share of Commercial Paper in Stablecoin Collateral
Tether Limited has completely removed commercial paper from the asset’s collateral and has replaced them with US Treasury bills.
USDC’s Capitalization Falls by 12%
The USDC supply topped $56 billion, but it has fallen 12% over the past month.
Russia’s Central Bank Opposes Recognition of Stablecoins as a Means of Payment
The Central Bank of Russian believes it is impossible to recognize cryptocurrencies and stablecoins as means of payment.
Celsius Network Wants to Sell Stablecoins
Crypto lending platform Celsius Network has filed a lawsuit to liquidate $23 million in stablecoins.
The United States Gets Ready to Develop the Digital Dollar
The Digital Dollar Project will prepare options for creating a token and its implementation in the financial infrastructure of the state.
The Rising Capitalization of Stablecoins Shows Market is Recovering
After a three-month decline, the market supply of Tether has started to rise again.
Tether Intends to Cut Down Commercial Paper Holdings
Its issuer has promised to reduce the share of commercial paper from the current $3.7 billion no later than November.
