stablecoin News and Articles


Tether stablecoin

Backers of Tether sued over the market manipulation

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A class-action complaint accuses the corporations behind the Tether stablecoin of “propping and popping the largest bubble in history,” which led to a disappearance of $256 billion in crypto wealth. The complaint accuses the issuer of Tether of manipulating Bitcoin prices. The suing process...

JPMorgan worries that cryptos like Libra may face ‘Gridlock’

JPMorgan worries that cryptos like Libra may face ‘Gridlock’

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As to JPMorgan Chase & Co. stablecoins which are built to bypass the massive changes of BTC and ETH, could break functioning normally in pressure periods. Joshua Younger said leaning on his analysis that the cumulative cost of all existing stablecoins is not surpassing $5 billion, the...

JPMorgan will test its own stablecoin along with corporate clients

JPMorgan will test its own stablecoin along with corporate clients

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JPMorgan, a large American financial holding, will start testing its stablecoin among corporate clients. It is reported by Bloomberg Japan. According to the publication, the head of blockchain-development of JPMorgan Umar Farooq said that customers will take part in testing technology aimed at...

Binance is going to become a competitor for Tether

Binance is going to become a competitor for Tether

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It’s going to be a hot competition! The worlds greatest exchange of cryptocurrencies declared about its plans of designing a stablecoin. Information’s source is Wei Zhou, who is the Head Officer of Finances in Binance. We know that there’re over 60 stablecoins in the crypto industry who tried...

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