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Commerce Nominee Lutnick Is Backer of Outlaws’ Favorite Cryptocurrency

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Commerce Nominee Lutnick Is Backer of Outlaws’ Favorite Cryptocurrency

To the crypto company Tether, the account was identified only by a 31-character string: TTAHMdqoom4f2VTWniroPWQHcTRZ4ca.

It’s a cryptocurrency wallet address, one of more than 300 million around the world that have held Tether tokens and make up a global unregulated payments network. Unlike a bank or fintech company, Tether collects no personal information about most of its users. Anyone can open a crypto wallet and move money with Tether quickly, cheaply and anonymously.

Crypto

Wisdomtree Taps BNY Mellon to Power Onchain Banking With Tokenized Assets

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Wisdomtree Taps BNY Mellon to Power Onchain Banking With Tokenized Assets
Traditional finance and blockchain are converging faster than ever as major institutions embrace tokenized real-world assets, setting the stage for a massive transformation in digital finance and opening new frontiers for seamless onchain investing.
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Crypto

Stablecoins are a shaky proposition for your savings. Here’s what to know.

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Stablecoins are a shaky proposition for your savings. Here’s what to know.

Outside the Box

This so-called ‘safer’ cryptocurrency offers some advantages to investors. But can you trust the providers?

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Stablecoin, the purportedly “safer” version of cryptocurrency, is having its moment. On the heels of the GENIUS Act, which Congress passed last July, the value of all stablecoins is now more than $300 billion — roughly 7% of all crypto in circulation.

Stablecoin’s run is even more impressive given that its stability is overrated. Safety and security as an asset vary widely by issuer, and stablecoins offer little benefit to crypto investors and almost nothing to non-crypto investors.

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Crypto

Strategy Makes History With S&P’s Credit Rating of a Bitcoin Treasury Company

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Strategy Makes History With S&P’s Credit Rating of a Bitcoin Treasury Company
Bitcoin’s march into mainstream finance just hit a landmark moment as a major credit agency officially rated a bitcoin treasury firm, signaling a seismic shift in how traditional markets recognize digital assets as strategic reserves.
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