In line with the final official report on June 30, about of Tether’s belongings — roughly billion — have been held in Treasury payments, whereas lower than 25% — round billion — represented its publicity to…
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Blockchain
Stablecoin Issuer Tether Will increase US Treasury Portfolio, Cuts Commerical Paper Holdings to Under $50M
by Jeremyby JeremyThe agency had stated it plans to carry its business paper holdings to zero by the tip of the 12 Supply hyperlink
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Bitcoin NewsNews
DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
by Jeremyby JeremyUwU Lend permits customers to earn curiosity on deposits and pay curiosity to borrow funds on its Excellent loans on UwU lend are overcollateralized, with extra collateral backing them than A small quantity of charges from every transaction…
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Altcoin NewsNews
GEM Digital commits $50M to ParallelChain Lab for L1 protocol improvement
by Jeremyby JeremyAs a proof-of-stake (PoS) layer-1 protocol, ParallelChain goals to bridge the infrastructure divide between centralized (CeFi) and decentralized finance The soon-to-be-launched ParallelChain Mainnet is open supply and based mostly on a PoS consensus mechanism devoted to sustaining a good distribution…
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Altcoin NewsNews
Ex-Citadel execs elevate $50M for high-frequency crypto buying and selling platform
by Jeremyby JeremyIn launching its platform, Portofino disclosed that it had raised $50 million in fairness funding from Valar Ventures, World Founders Capital and Though Portofino didn’t disclose how the funding will likely be used, the corporate has been lively on…
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