USDT
Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter
The issuer of stablecoin USDT said its operational profits exceeded $1 billion in Q2 this year.
Coindesk·2023/07/31 08:07
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
Coindesk·2023/07/13 17:34
TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether
TUSD trades at a discount versus Tether as former FTX auditor Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter.
Coindesk·2023/06/28 17:58
Tether Issues USDT on Kava Blockchain; KAVA Token Climbs 5%
Tether is looking to improve the stablecoin's liquidity across multiple blockchains.
Coindesk·2023/06/21 10:35
USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop
USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance.
Coindesk·2023/06/15 17:35
Flash
- 01:31Analysis: Bitcoin Leverage Usage Not Reaching Previous Highs, Current Rally Mainly Driven by Spot MarketAccording to a report by Jinse Finance, although Bitcoin recently reached an all-time high, futures open interest data indicates that market sentiment is becoming cautious. The open interest of BTC futures on major trading platforms is generally 10%-15% lower than the peak in December 2024, and the leverage usage by derivatives traders has not reached previous high levels. Among them, Binance's BTC futures open interest is currently $12.5 billion, down nearly 10% from the December 2024 peak of $13.7 billion. The lack of leverage frenzy among derivatives traders compared to historical highs suggests that the current rally is mainly driven by spot trading.
- 01:31Metaplanet announces issuance of $21 million zero-interest common bonds to increase BTC holdings againAccording to a report by Jinse Finance, an official announcement states that the Japanese listed company Metaplanet has announced the issuance of $21 million in interest-free ordinary bonds to purchase additional BTC.
- 01:31SALT Lending plans to offer approximately $105 million in Bitcoin-backed senior secured credit facilities for real estateAccording to a report by Jinse Finance, Bitcoin-backed lending company SALT Lending announced that it has signed a letter of intent with GolfSuites 1 Inc. and its sister company ERC Communities 1 Inc. to provide approximately $105 million in senior secured credit facilities, backed by Bitcoin. This includes $35 million for the expansion of GolfSuites' golf entertainment projects and $70 million for ERC's "build-to-rent" activity home communities. Bitcoin holders will be able to utilize an over-collateralization structure designed to protect all stakeholders and gain related investment opportunities.