New Crop of ‘Regulated’ Stablecoins are Trading at a Premium
to Tether
The next wave of USD-backed stablecoins have begun to make their way onto high-volume cryptocurrency exchanges, and early indications suggest that traders may trust them more than tether (USDT). New USD-Backed Cryptocurrencies Vie for Tether’s Crown As CCN reported, cryptocurrency firms Gemini, Paxos, and Circle have all in recent weeks launched asset-backed “stablecoins,” cryptocurrency tokens
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