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October 2, 2025

TrueUSD’s Reserve Audit System Faces Scrutiny After Recent Depeg Event

in Finance, News

Introduction TrueUSD (TUSD) is under scrutiny following a recent depeg event, where the stablecoin briefly fell to $0.97. This incident raised questions about the effectiveness of TrueUSD’s reserve audit system…

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October 2, 2025

Tether’s Increased USDT Minting Raises Questions About Market Liquidity and Stability

in Finance, News

Introduction Tether (USDT) has recently minted additional tokens totaling $4 billion over the past four weeks, prompting discussions among traders, institutional investors, and market analysts about potential impacts on market…

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October 2, 2025

Circle Publishes Third-Party Audit of USDC Reserves, Ensuring Full Dollar Backing

in Finance, News

Introduction Circle has released its latest third-party audit of USD Coin (USDC) reserves, confirming that every token in circulation is fully backed by U.S. dollars and approved liquid assets. The…

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October 2, 2025

TrueUSD Implements Daily Reserve Attestations to Restore Dollar Peg

in Finance, News

Introduction TrueUSD (TUSD) has introduced daily reserve attestations to reinforce its peg to the U.S. dollar. This move comes after the stablecoin experienced a temporary depeg, falling to $0.97 earlier…

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October 2, 2025

6.9-Magnitude Earthquake Strikes Philippines; Global Market Impact Remains Limited

in News

MANILA, Philippines A powerful 6.9-magnitude earthquake struck the central Philippines on the night of September 30, 2025, causing significant damage in Cebu province. The epicenter was located near Bogo City,…

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October 1, 2025

Tether Mints $4 Billion USDT in Just Four Weeks, Raising Market Concerns

in Finance, News

Introduction Tether (USDT), one of the largest stablecoins by market capitalization, has minted $4 billion worth of USDT over the past four weeks. The rapid increase in supply has sparked…

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October 1, 2025

USDC Overtakes USDT in Transaction Volume on BitPay Amidst Regulatory Developments

in Finance, News

Introduction USD Coin (USDC) has recently surpassed Tether (USDT) in transaction volume on BitPay, one of the largest cryptocurrency payment processors. This shift highlights growing confidence in USDC, driven by…

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October 1, 2025

Circle’s USDC Reserve Attestation Report Confirms Full Backing with U.S. Treasury Securities

in Finance, News

Introduction Circle has released its latest attestation report for USD Coin (USDC), confirming that each USDC token is fully backed by U.S. Treasury securities and other cash equivalents. The independent…

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October 1, 2025

Tether’s Q3 2023 Attestation: Cash and Cash Equivalents Reach 86% as Loans Decline

in Finance, News

Introduction Tether (USDT), one of the most widely used stablecoins in the crypto ecosystem, has released its Q3 2023 attestation report, showing a significant shift in reserve composition. According to…

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October 1, 2025

Hong Kong Monetary Authority Receives 36 Stablecoin License Applications

in Finance, News

The Hong Kong Monetary Authority (HKMA) has confirmed that it has received 36 applications for stablecoin licenses from banks, fintech companies, and startups. The applications reflect growing institutional interest in…

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