Tether declines to reveal details on $40b Treasury cache after dollar peg snaps
Tether has refused to disclose details on its $40bn hoard of US government bonds for fear of revealing its “secret sauce”, even as one of...
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Kado raises $5m in Seed funding
New York based stablecoin payment infrastructure provider raised $5m in Seed funding led by Hashed.
{
“Ultimately, in our first six months, we launched Kado Pay, the ability to spend your stablecoins on Amazon, not natively on it, but...…
Mark Zuckerberg’s stablecoin ambitions unravel with Diem sale talks
The Diem Association, a cryptocurrency initiative once known as Libra, is weighing a sale of its assets as a way to return capital to its...
PayPal mulling proprietary stablecoin to help drive platform growth
The potential stablecoin could be used alongside Bitcoin to make purchases through Checkout with Crypto and could be purchased on...
Facebook-backed Diem aims to launch digital currency pilot later this year
The Diem Association, the Switzerland-based nonprofit which oversees diem’s development, is aiming to launch a pilot with a single...
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