As the dollar slides, stablecoins see a sharp spike in trading.
Which of these stablecoins has a brighter future?
Tether and Circle minted a combined $1.5 billion in dollar-pegged stablecoins in about two hours, according to Lookonchain.
Nearly all stablecoins track the U.S. dollar. Experiments with baskets and commodities show how hard that grip is to loosen.
It might sound strange at first, but stablecoins are soaring these days. I don't mean that the price of Tether (CRYPTO: USDT) or USD Coin (CRYPTO: USDC) is skyrocketing, of course. They are going ...
Tether Holdings, the company behind the dollar-backed stablecoin tether (USDT-USD), will debut a new stablecoin built to comply with new federal rules for the sector, it said on Friday, tapping former ...
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