The network was exploited via a rounding bug. The stablecoin fell to all-time low but is already on the way to recovering its peg to the U.S. dollar.

Tether is winning the stablecoin race so far, making it not only the best blockchain use case, but also shaping the future of digital money.

Coinbase has entered a partnership with Yellow Card to promote the exchange and USDC across 20 African countries. Meanwhile, USDC issuer Circle has applied for an IPO in the U.S.

Tether shows its commitment to U.S. policy compliance as USDT stablecoin‘s marketcap is at all-time high.

A newly listed Euro-backed stablecoin surged by 200% within one day. The exchange promised to compensate users for their losses after suspending trading.

Circle's CSO wrote to U.S. Senators on the Banking Committee in response to claims from the Campaign for Accountability.

The initiative will focus on USDC circulation within the country's regulatory framework, a banking relationship, and the promotion of Circle’s Web3 services.

Tether and Bitfinex won't appeal against the latest FOIL request from a group of journalists but outlined that this does not mean a wholesale release of all their documents.