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Yellen to convene U S regulators to discuss stablecoins

Yellen to convene U S regulators to discuss stablecoins
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Key Events This Busy Week: Inflation, Powell, China Data Dump And Earnings

Key Events This Busy Week: Inflation, Powell, China Data Dump And Earnings
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

Why Tether, the World s Third-Biggest Cryptocurrency, Has Got Economists Worried

What is tether? Chances are you ve heard a thing or two about bitcoin. But what about tether? Like bitcoin, tether is a cryptocurrency. In fact, it s the world s third-biggest digital coin by market value. But it s very different from bitcoin and other virtual currencies. Tether is what s known as a stablecoin. These are digital currencies that are tied to real-world assets the U.S. dollar, for example to maintain a stable value, unlike most cryptocurrencies which are known to be volatile. Bitcoin, for example, rose to an all-time high of nearly $65,000 in April and has since almost halved in value.

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