Deutsche Bank Raises Concerns About Tether’s Stablecoin Operation
Deutsche Bank Research has ignited a significant debate within the financial sector with its recent analysis of stablecoins. It also highlighted potential risks in the operations of Tether’s USDT. The…
Tether slams Deutsche Bank over suggestion its stablecoin could fail
Stablecoin giant Tether has slammed Deutsche Bank over a newly released report suggesting that stablecoins — including its dollar-pegged token Tether (USDT) — could witness a “peso moment,” that would…
Visa Reveals Only 10% of Stablecoin Transactions Are Real
Visa and Allium Labs dashboard disclosed that only 10% of stablecoin transactions in April were authentic. This finding suggests that stablecoins are still far from becoming a widely accepted payment…
Leading Colombian bank launches crypto exchange and peso stablecoin
Colombia’s largest bank, Bancolombia, has entered the crypto business by launching a crypto exchange called Wenia. The crypto platform aims to on-board 60,000 users in its first year and compete…