Tether (USDT) Price
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Circle Takes Steps to Mitigate Risks of US Debt Defaults
Stablecoin issuer Circle has adjusted its reserves treasury to reduce its exposure to potential United States debt defaults.
US Congress Presents Stablecoin Bill Draft. What You Need to Know
The U.S. House Financial Services Committee has released a draft bill proposing to regulate stablecoins. The draft bill is set to be discussed at a hearing on April 19th by the House Financial Services Committee, marking the first significant case of cryptocurrency legislation in 2023
Stablecoin Imbalance: USDC Sales Cause Tether Trading Madness
The on-chain data reveals that trading firms were quick to capitalize on the USDC stablecoin's temporary repeg. While this strategy comes with risks, it shows that high-frequency traders are always on the lookout for arbitrage opportunities that can yield significant profits
Crypto Market Update. USDT Takes the Lead in the Stablecoin Race
Tether's USDT stablecoin has reached its highest market share among stablecoins in 15 months, surpassing 54% on Monday, according to data from CoinGecko. Despite the market shakeup, Tether's position as the dominant stablecoin is strengthening