Tether has teamed up with TON Foundation to allow customers to send crypto payments using Telegram.
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Tether CEO Paolo Ardoino has told a VALR webinar that stablecoins are becoming a second-line currency for global trade finance.
Paycorp has launched a new app that allows users to withdraw cryptocurrency as cash at thousands of ATMs across the country.
The world of stablecoins is suddenly looking shaky after a US move left investors questioning the future shape of the market.
Repeated assurances by the backers of Tether that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.
Tether is releasing a crypto token tied to the value of the British pound as part of a push into new stablecoins.
Tether, USDC and others lost their prized pegs to the dollar last week. But was it an isolated outburst, or are they losing their soul?
Cryptocurrencies nursed large losses on Friday, with bitcoin set for a record losing streak as the collapse of TerraUSD rippled through markets.
Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering the implications of the tumult for the broader market.
Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto.