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Tether
Circle’s Transparency Pledge
Circle’s CEO, Jeremy Allaire, promised to make the company ”the most public and transparent operator of full-reserve stablecoins.” Circle began issuing quarterly attestation reports to prove that its assets are fully backed; however, the reports don’t state what the assets are backed by. “The upper echelons of Tether truthers are now bringing the same questions to Circle that they’ve brought to Tether,” Zack Seward, CoinDesk’s Deputy Global News Editor, said.
Circle no está ganando la carrera por la transparencia de las stablecoins
Los proyectos de stablecoins compiten cada vez más por la transparencia. Los datos de Circle, de hace dos meses, sobre «inversiones aprobadas» dejan mucho que desear.
Ohio Congressman: Bitcoin Poses No Threat to US Dollar
Rep. Warren Davidson, Ohio Congressman and House Financial Technology Task Force Ranking Member, discusses the contentious crypto conversations in Congress: Bill Foster proposing cryptographic backdoors to reverse crypto transactions. "Foster's clearly on one side, and I'm on the other," Davidson said. He also explains how closely lawmakers are focusing on the role of stablecoins on exchanges, suggesting tether (USDT) should be regulated as a security measure. Plus, reactions on the rise of central bank digital currencies (CBDCs) around the world.
Fitch advierte que el rápido crecimiento de las stablecoins plantea riesgos de contagio.
El informe de Fitch sugiere que la turbulencia también podría tener el potencial de propagarse a los Mercados tradicionales.
Jeremy Allaire on the Digital Dollar's Future: 'The Central Government Absolutely Does Not Need to Issue a Digital Currency'
Circle CEO Jeremy Allaire discusses the challenges and significance of USDC potentially expanding to 10 more blockchain networks, the broadest expansion in stablecoin history. "The central government absolutely does not need to issue a digital currency," he said. Plus, breaking down the difference between tether (USDT) and USDC as USDT risks come into focus.
Un funcionario de la Reserva Federal de EE. UU. considera que el Tether es un "desafío" para la estabilidad financiera
Eric Rosengren incluyó la moneda estable entre lo que denominó nuevos disruptores de los Mercados de crédito a corto plazo.
The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen will be gifted $30 via an e-wallet, once they verify their identities. Frances Coppola, author of "The Case for People's QE," discusses the "immense risks" of El Salvador's bitcoin currency rollout. Plus, why she thinks dai (DAI) is a bigger concern than tether (USDT).
Sam Bankman-Fried Speaks About McAfee’s Legacy, China Crackdown and Why Tether ‘Is Not a Worry’
FTX CEO Sam Bankman-Fried reacts to the death of antivirus software pioneer and early crypto investor John McAfee, discussing the way he “embodied 2017 in crypto” and the legacy he left behind for the digital asset industry.
Strike Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
Strike, the digital wallet startup behind El Salvador’s bitcoin-based payment system, is phasing out its use of Tether’s USDT stablecoin as a U.S. dollar substitute, CEO Jack Mallers said. “The Hash” team explores the ongoing scandal around Tether and the wider repercussions of El Salvador’s currency law.
Resumen del mercado: Bitcoin cae a un mínimo de dos semanas, Ether cae por debajo de los $2,000 mientras China reitera su prohibición de las Cripto
Los futuros de Bitcoin de CME entran en "backwardation" y las entradas de BTC a los exchanges aumentan mientras continúa el "FUD" (miedo, incertidumbre y duda) sobre China.
