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Buenos Aires, Argentina (Sasha Zvereva/Unsplash)

Strike App Won’t Support Bitcoin in Argentina

The company trumpeted its expansion into Argentina earlier this week, but the Lightning Network-powered app is only supporting Tether’s stablecoin in the country.

By Andrés Engler

Jan 14, 2022 at 10:52 p.m. UTC

Jan 14, 2022

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Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain

The last time Tether froze an account was in late December.

By Helene Braun

Jan 13, 2022 at 7:57 p.m. UTC

Jan 13, 2022

TetherUSDTStablecoinsMarketsEthereum

Brazilians have almost tripled the use of stablecoins in 2021 (Mateus Campos Felipe/Unsplash)

Why Brazilians Are Turning to Stablecoins Like Tether

Amid high inflation and a steady devaluation of the Brazilian real, locals tripled the traded volume of stablecoins in 2021.

By Paulo Alves

Jan 12, 2022 at 4:29 p.m. UTC

Jan 12, 2022

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Crypto News Roundup for Jan. 6, 2022

With crypto markets dipping after news that the Fed will begin tapering or winding back its asset-buying program, and a look at the future of stablecoins, CoinDesk’s Markets Daily is back with the latest news roundup.

By Adam B. Levine Adrian Blust

Jan 6, 2022 at 3:33 p.m. UTC

Jan 6, 2022

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New York State Supreme Court (Andrew Lichtenstein/Corbis via Getty Images)

Policy

Tether

CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents

Tether wants the state Supreme Court to stop the attorney general’s office from sharing documents requested by CoinDesk. CoinDesk is now a party to the proceedings.

By Nikhilesh De Lawrence Lewitinn

Jan 4, 2022 at 10:14 p.m. UTC

Jan 4, 2022

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Tech

Newsletters

How Stablecoins Merge Traditional and Decentralized Finance

Stablecoins create a bridge between traditional financial markets and cryptocurrency markets, providing a unique opportunity for investors and advisors.

By Jackson Wood

Dec 16, 2021 at 1:50 p.m. UTC

Dec 16, 2021

NewslettersStablecoinsCrypto for AdvisorsFinancial AdvisorsUSDTUSDCTether

Ancient temples in Bagan, Myanmar, at sunrise. (Martin Puddy/Getty)

Policy

Tether

Myanmar’s Shadow Government Adopts Tether as Official Currency: Report

The National Unity Government said via a Facebook post that it now accepts USDT.

By Jamie Crawley

Dec 13, 2021 at 1:21 p.m. UTC

Dec 13, 2021

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(Carlos Becerra/Bloomberg via Getty Images)

Policy

Venezuela

Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis

In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.

By Andrés Engler

Oct 7, 2021 at 9:58 p.m. UTC

Oct 7, 2021

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