Tether are bust, fakesatoshi CSW says, here's why Dr_CSWright $USDT
Tether's USDT outpaces USDC and BUSD
Still, USDT remains the most popular USD-pegged stablecoin in the market — it is still on the top three list of cryptos by CoinMarketCap and its market capitalization currently sits at $79,091,618,240.. Binance and its partner Paxos have stopped minting BUSD. Besides, recently CZ of Binance announced that around 2 billion BUSD will be burned.
USDC faced a risk of depegging from the USD when the banking crisis in the U.S. started and the first three large banks — Silvergate, Silicon Valley Bank and Signature Bank — were announced insolvent. However, the U.S. government promised its clients to help them keep access to their deposits. This crisis in the banking sphere continues. It has nearly killed USDC but also propelled the price of Bitcoin to the $28,000 peak and pushed Ethereum back to $1,800 briefly.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USDT issuer Tether has up to $1.7B in excess reserves, CTO saysTether expects to make a $700 million profit in the first quarter of 2023, matching the profits of the last quarter of 2022, Tether CTO Paolo Ardoino told Cointelegraph.
Read more »
In-Chat Tether Transfers Introduced in Telegram – Bitcoin NewsUsers of the Telegram messenger will now be able to send each other the leading stablecoin, tether (USDT), directly in the chats.
Read more »
Colorado dentist James Craig formally charged with first-degree murder for allegedly poisoning wifeA Colorado dentist was formally charged with first-degree murder in the death of his wife after he allegedly poisoned her pre-workout shakes with arsenic.
Read more »
Dentist James Craig’s mistress in hiding after being outed as accused wife killer’s girlfriendDentist James Craig’s mistress Karin Cain has gone into hiding after she had been due to fly into Colorado to carry on their affair on the weekend he is charged with murdering his wife.
Read more »
Dentist James Craig flew orthodontist mistress to Colorado while he allegedly poisoned wife: docsJames Toliver Craig, of Aurora, traded raunchy emails with a married Marble Falls-based orthodontist named Karin Cain and flew her into Colorado while his wife was in hospital, according to his arr…
Read more »
Frank Lloyd Wright-inspired house for sale in N.J. for $650K — and it’s round!Living in the circular house was a childhood dream for the current owner.
Read more »