Spanish and Finnish regulators independently approved their national fintech companies to develop Euro backed stablecoins. The "digitalization" of fiat currencies is pushed concurrently by CBDC research and by stablecoins.
The Wall Street Journal published an article on February 10, according to which a large Wall Street firm, Cantor Fitzgerald, will manage the reserves of Tether invested in US T-bills.
The Wall Street Journal published an article on February 10, according to which a large Wall Street firm, Cantor Fitzgerald, will manage the reserves of Tether invested in US T-bills.
Spanish and Finnish regulators independently approved their national fintech companies to develop Euro backed stablecoins. The "digitalization" of fiat currencies is pushed concurrently by CBDC research and by stablecoins.
As we wrote earlier, in July 2022 the Aave community voted for the release of a GHO stablecoin. The stablecoin will work on the Ethereum network, and will also be re-secured with crypto assets.
On February 9, 2023, Tether shared with its users the fourth quarterly report for 2022. By the end of 2022, Tether completely disposed of commercial paper in reserves, reduced secured loans by $300 million, and received more than $700 million in profits for the last quarter.
