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