Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust, ...
Read moreFollowing TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust, ...
Read moreAs of June 20, Circle added $2.2 billion of T-bills to the fund, while repos constituted some 90% of the ...
Read moreThe appointment comes as a House committee weighs a stablecoin bill that would appoint the Federal Reserve as crypto issuers’ ...
Read moreThis is a significant change since the end of April, when the fund held more than $30 billion in U.S. ...
Read moreStablecoins are a key piece of plumbing in the crypto ecosystem, bridging government-issued currencies and facilitating trading. Issuers are increasingly ...
Read moreThe Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan ...
Read moreThe company’s first bitcoin-linked stablecoin will have to fare better than its other stablecoin products if it wants to succeed ...
Read moreLybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin. Source link
Read moreOvernight repo transactions are effectively short-term collateralized loans. The borrower is selling a security – in this case, U.S. Treasurys ...
Read moreThe company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. ...
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