Tether Chinese Yuan News

Tether has turned its focus to the Bahamas-based Britannia Bank & Trust for processing dollar transfers. This step occurs as the traditional US banks cut ties with the cryptocurrency entities. In the past, Tether has faced questions regarding...

Tethers transparency report shows the company has a liquidity cushion and its CTO shares a glimpse into Tether's mining operations.

The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%.

Stablecoin CNHC Raises 1.3 Billion Yen Stablecoin issuer CNHC has raised approximately 1.3 billion yen ($10 million) in its Series A round. KuCoin Ventures, the investment arm of cryptocurrency exchange KuCoin, announced today that it led the round....

The TrueUSD (TUSD) team announced the release of a new stablecoin, TCNH, linked to the Offshore Chinese Yuan (CNH) at a … Continued The post TrueUSD launches TRON-based stablecoin TCNH pegged to Offshore Chinese Yuan appeared first on Finbold.

TRON’s weekly report revealed several promising developments  Some metrics supported a price surge, while RSI and other market indicators suggested otherwise TRON [TRX] published its weekly report on 10 December, which detailed all the developments...

Justin Sun seems optimistic about the crypto adoption in China. He shared that crypto policy in China is expected in the forthcoming months. TRON CEO believes crypto is a “global trend” that cannot be diverged. H.E. Justin Sun, TRON’s founder, of...

Tether plans to roll out the Chinese Yuan on the Tron network Tether’s future plans include rolling out digital versions of existing fiat currencies  Tether, the crypto company that created the USDT stablecoin, announced plans to launch its offshore...

Tether Operations Limited’s statement sets the tone for TRON investors. According to recent data, digital currency has been on an upward trajectory. TRX market has found support in the previous 24 hours at $0.05251. The TRON (TRX) market was taken...

The cryptocurrency sector is still reeling from the consequences of the collapse of the crypto trading platform FTX, which was … Continued The post Tether launches offshore Chinese Yuan on TRON – Will TRX surge? appeared first on Finbold.