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Tether cuts commercial paper reserves to zero
Tether’s commercial paper has shrunk to zero, the USDT issuer has announced.
Instead of holding commercial paper, Tether has replaced the investments with US Treasury Bills (T-Bills).
The news comes just a few months after the USDT issuer…
Latin America will provide the growth base for stablecoins, says Hubble Protocol’s co-founder
Stablecoins have come under scrutiny in the developed markets following UST’s crash earlier this year, but Latin America could become the new growth base for the stablecoin market. Hubble Protocol’s co-founder Marius Ciubotariu believes…
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget…
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty…