Tether Has Bought $10B From USDT Holders This Month
Tether Holdings Limited has bought $10 billion worth of tokens from USDT holders since the beginning of May.
Blockchain Firm Hashed Loses $3.5B Due to Terra Ecosystem Collapse
According to on-chain data, the collapse of Terra cost blockchain company Hashed $3.5 billion in losses.
Tether Reduces USDT Collateral in Commercial Paper by 17%
USDT stablecoin issuer Tether Holdings Limited reduced its commercial paper reserves by 17% in Q1 2022.
Luna Foundation Guard Depletes $3B Reserve Fund to Rescue the UST
The non-profit organization has just unveiled some information about the status of its reserve fund.
Tron Will Not Abandon USDD
Tron founder Justin Sun has said that the Tron ecosystem will not abandon the algorithmic stablecoin USDD despite the collapse of UST and LUNA.
Tether Moves Most of its USDT Collateral to US Treasury Bonds
Stablecoin issuer Tether has reduced its positions in commercial securities over the past six months.
Vitalik Buterin Donates $4 Million in USDC to Develop Pandemic Detection Tool
Vitalik Buterin, co-founder of Ethereum, has donated $4 million in USDC to the Australian University of New South Wales (UNSW) to develop a pandemic prevention solution.
