Stablecoin distribution reveals liquidity patterns in DeFi

Stablecoin distribution reveals liquidity patterns in DeFi

Stablecoins are the foundation of the DeFi ecosystem. Given the relatively high barriers to entry for fiat currencies and the operational complexities associated with bridging Bitcoin into DeFi protocols, they are the crucial conduits through which liquidity flows and fuels the sector. Tracking the distribution of stablecoins and their market …

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US Treasury official targets Tether USDT stablecoin in Russian sanction evasion

US Treasury official targets Tether USDT stablecoin in Russian sanction evasion

US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written testimony on April 9 to the Senate Banking, Housing, and Urban Affairs Committee. This remark follows increasing reports that malicious actors used Tether’s stablecoin for …

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