Brazil’s Ministry of Finance reported a record number of local companies holding cryptocurrency assets in August this year. The Brazilian Secretariat of Federal Revenue (RFB) reported 12,053 entities that declared […]

A bill in the U.S. House of Representatives would ban the creation and use of new algorithmic stablecoins domestically. The bill would criminalize the creation or issuance of new “endogenously […]

Tether Holdings Limited’s consolidated total assets amount to $66.4 billion, while the company’s consolidated total liabilities amount to $66.2 billion. Tether Holdings Limited, the issuer of the USDT stablecoin, holds […]

The consequences of the stablecoin market’s destabilization continue to unfold. Daily outflows from Tether, the largest stablecoin (USDT), have averaged more than $1 billion over the past week. Crypto investors […]