Category : Circle

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Tether Intentionally Obliterates 500 Million USDT

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Yesterday Tether quietly took 500 million USDT out of circulation, then promptly destroyed them. Tether Supply Shrinks By $500 USDT Yesterday the stablecoin saga took a new twist as Tether Limited, the company responsible for minting and distributing the USD-pegged ‘stablecoin’ Tether (USDT) 00, removed 500 million USDT from circulation and destroyed them. Blockchain data from OmniExplorer.info shows that Tether
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Circle CEO Urges for Globally Coordinated Cryptocurrency Regulations

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The CEO of investment application Circle has urged national regulators to develop coordinated legislation for the field of cryptocurrencies. The move follows the FATF decision to issue new rules regarding the regulations of digital currencies. Circle’s Being Active The CEO of Circle, Jeremy Allaire, has called for national regulators to coordinate their efforts towards regulating the cryptocurrency field. Speaking to
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Circle & Coinbase Partner Up For a Better Stablecoin, But There’s a Catch

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Circle and Coinbase, two of the largest and most popular cryptocurrency companies, are partnering to improve the stablecoin concept, but there’s a catch.  The CENTRE Consortium for a Better Stablecoin On Tuesday, both companies announced the CENTRE Consortium, a joint venture that aims to speed up adoption of cryptocurrencies backed by actual fiat currencies like US dollars. In May, Circle launched its own