S&P Global’s updated assessment of Tether has drawn renewed attention to the risk structure behind the largest dollar pegged token in circulation. The agency assigned USDT a score of five…
Introduction A group of prominent Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, and Citigroup, is reportedly investigating the issuance of stablecoins tied to G7 fiat currencies.…
Introduction Ten of the world’s largest financial institutions, including Bank of America, Goldman Sachs, UBS, Citi, Deutsche Bank, Barclays, Santander, MUFG, TD Bank, and BNP Paribas, have officially confirmed that…
Introduction Tether (USDT), the world’s largest stablecoin issuer, has released its latest reserve disclosure, revealing that approximately $90 billion of its total reserves are held in U.S. Treasury securities, making…