Federal Reserve’s FedNow will integrate with Metal Blockchain By Cointelegraph
[ad_1] © PayPal PR The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from...
Circle reportedly adjusts USDC reserves to avoid US default risk By Cointelegraph
[ad_1] Stablecoin issuer Circle has reportedly adjusted its reserves treasury in an effort to reduce the risks of United States debt defaults. hadAccording to a...
Tether has $1.5B in Bitcoin reserves: BDO Italia By Cointelegraph
[ad_1] © Reuters BDO Italia’s latest attestation report for revealed that made up approximately $1.5 billion of the stablecoin issuer’s reserves, or roughly 2% of...
gold china: China’s gold splurge reaches sixth month
China added to its gold reserves for a sixth straight month, extending a flurry of purchases as central banks around the world expand their holdings...
‘Proof of reserves’ bill passes Texas House of Representatives By Cointelegraph
[ad_1] The Texas House of Representatives approved a bill that would require crypto exchanges to maintain reserves “in an amount sufficient to fulfill all obligations...
Tether’s Excess Reserves and Projected Profits Offer Reassurance By CoinEdition
[ad_1] Tether’s Excess Reserves and Projected Profits Offer Reassurance announces $1.6 billion in excess reserves to back USDT stablecoin. Tether faces regulatory scrutiny and criticism...
USDT issuer Tether has up to $1.7B in excess reserves, CTO says By Cointelegraph
[ad_1] Cryptocurrency firm — the issuer of stablecoin, Tether (USDT) — expects to make a $700 million profit in the first quarter of 2023, matching...
Federal Reserve’s Liquidity Injection Declaration Triggers BTC Growth By CoinEdition
[ad_1] Federal Reserve’s Liquidity Injection Declaration Triggers BTC Growth market cap has risen 80%, hitting $28k due to liquidity injection by Federal Reserve. Altcoins remain...
Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank By Cointelegraph
[ad_1] Circle CEO and co-founder, Jeremy Allaire, confirmed that, as of March 13, the stablecoin issuer has been “able to access” its $3.3 billion of...
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves By Cointelegraph
[ad_1] Citizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of...