Tether Releases Report Showing $6.8 Billion Excess Reserves
Stablecoin issuer Tether released an attestation report Friday (Oct. 31) saying that as of Sept. 30, its reserves exceeded its liabilities by $6.8 billion.
The reserves for Tether tokens in...
Decoding Stablecoin Accounting for CFOs and Treasury Teams
Stablecoins are increasingly everywhere, and corporate finance teams are cautiously taking notice.
While FinTechs and even banks rush forward to capture ground across stablecoin infrastru...
Court Backs Fed’s Power to Block FinTech Access to Payment Rails
Access to the Federal Reserve’s payment rails has long been coveted by FinTechs and non-traditional financial institutions seeking a direct link into the heart of the U.S. banking system.
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Ripple to Unlock 1 Billion XRP From Escrow on November 1
Ripple will release 1 billion XRP—worth roughly $2.5 billion at current prices—from escrow on November 1, as part of its regular monthly schedule.
The release continues Ripple’s long-standi...
Ripple Powers Aid Delivery and Funding for Global Nonprofits
Cryptocurrency firm Ripple said three global nonprofit organizations focused on development and humanitarian efforts are using its payment solution and its stablecoin.
For these groups, Rip...
