Browsing: stablecoin reserves

In a significant move, Tether CEO Paolo Ardoino has publicly addressed the S&P crackdown on Tether, asserting that it may be a deliberate strategy to undermine the stablecoin’s market position.This scrutiny comes at a time when Tether’s financial performance showcases its robust stability, with billions held in reserves, including substantial investments in U.S.

Pump.fun treasury management has recently taken center stage as recent USDC transfers sparked extensive discussions within the community.A recent report highlighted the movement of $436.5 million in USDC to the Kraken exchange, raising eyebrows about the project’s finances and reserve management strategies.