# ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance

# ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance

“# ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance ” Stablecoin issuing platform ICHI has launched a Decentralized Monetary Authority, or DMA, that enables cryptocurrency networks to more easily mint their own stablecoins securely.  By utilizing ICHI’s DMA, cryptocurrency communities can create and govern their own fully-collateralized stablecoins and set their value at exactly $1….

Read More
# Tether discloses full reserve breakdown for the first time

# Tether discloses full reserve breakdown for the first time

“# Tether discloses full reserve breakdown for the first time ” Tether Holdings Limited, the company behind the popular USDT stablecoin, released a full breakdown of its reserve composition on Thursday, offering more transparency about the composition of its assets.  More than three-quarters of Tether’s reserves are held in cash, cash equivalents and other short-term…

Read More
# The way of the stablecoin: A journey toward stability, trust and decentralization

# The way of the stablecoin: A journey toward stability, trust and decentralization

“# The way of the stablecoin: A journey toward stability, trust and decentralization ” Bitcoin (BTC) and other cryptocurrencies have opened the doors to a whole new world of finance. In their most basic form, cryptocurrencies allow people to transact in a fully trustless, transparent and efficient manner, cutting out the centralized intermediaries and counterparty…

Read More
# Tether’s reserves are fully backed, according to latest assurance opinion

# Tether’s reserves are fully backed, according to latest assurance opinion

“# Tether’s reserves are fully backed, according to latest assurance opinion ” Moore Cayman, a Cayman Islands-based accounting network, has again affirmed that Tether Holdings Limited’s USDT stablecoin tokens are fully backed by its reserves.  In the latest report, signed on March 31 and released Thursday, Moore Cayman confirmed that Tether’s consolidated assets exceeded its…

Read More