Maker “Endgame” prepares to launch, aims to challenge Tether with 100B DAI
The DeFi lending pioneer is preparing to launch the first phase of its “Endgame” plan, which begins with a rebrand, new tokens and scaling of its Dai stablecoin.
JinseFinanceThe DeFi lending pioneer is preparing to launch the first phase of its “Endgame” plan, which begins with a rebrand, new tokens and scaling of its Dai stablecoin.
JinseFinanceTether Treasury's substantial transfer of USDT tokens to Bitfinex, valued at $229,956,875, has stirred interest within the crypto community. As the market reacts to Bitcoin's recent swings and Tether's significant move, the impact on overall market dynamics remains to be seen.
Cheng YuanUSDT is also present on Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, Tron, and Kava
BeincryptoThe order relates to a lawsuit that alleges unbacked USDT issuances have caused $1.4 trillion in damage to the market.
OthersTether said the hedge funds that saw Terra’s collapse as a reason to short USDT have “a fundamental misunderstanding of both the cryptocurrency market and Tether."
CointelegraphNewly surfaced reports revealed that some hedge funds are now shorting Tether USDT. A Monday report from the Wall Street ...
BitcoinistAt least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's dominance is coming to an end.
CointelegraphThe asset will also be available on twelve other networks, including Ethereum, Solana and Polkadot, among others.
CointelegraphWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
Cointelegraph