Browsing Tag
Stablecoins
523 posts
Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves…
Circle Reserve Attestation Shows USDC Backing Above Circulating Supply
Circle has issued its latest monthly reserve attestation for USDC, with Deloitte’s review showing reserve assets above total…
USDC may be only as quantum-safe as its slowest wallet, bridge or blockchain
Circle issued a warning that the quantum circuits needed to attack widely used blockchain signatures are becoming leaner,…
Solana processed 5.2 billion transactions after revenue collapsed 87% – here’s what changed
Solana says it processed a record 5.2 billion non-vote transactions in August, a total it described as 19% above…
Deribit already holds 96.6% of Coinbase’s derivatives open interest ahead of Sept. 9 migration
Nearly all the open interest displayed on Coinbase’s derivatives dashboard already sits at Deribit, its global derivatives venue,…
How a hacker reused the same authorization message 1,490 times to trigger massive crypto payout loops
According to the ICON Foundation, the Aug. 27 ICON replay exploit released 119,866,000 ICX and 531,600 bnUSD from…
US treasury relies on stablecoins to fund short-term debt, but they can’t fix its $28B long-bond problem
Stablecoin demand is becoming consequential in the U.S. government debt market, but the maturity of that demand matters…
One mid-tier Bitcoin treasury just gambled its entire BTC reserve on a single 30-day reset price
PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar…
The next currency crisis may be harder to contain because of stablecoins, New York Fed report shows
A New York Federal Reserve study found that dollar stablecoins are more likely to flow into wallets tied…
As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt
Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they…
