Tether logo (Nikhilesh De/CoinDesk)
Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say
Tether sold at a slight premium earlier this month even as most stablecoins were dented.
Tether logo (Nikhilesh De/CoinDesk)

(Benjamin Davies/Unsplash)
Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
Russian banks may be cut off from the SWIFT international payments network but, despite wide-ranging international sanctions, money keeps flowing between Russia and the West. Brokers are ready to turn Russian rubles into foreign currency abroad, in cash.
(Benjamin Davies/Unsplash)

CDCROP: Brian Armstrong CEO Coinbase (CoinDesk)
Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
Circle earlier confirmed it has $3.3 billion backing its USDC stablecoin parked at now-shuttered Silicon Valley Bank.
CDCROP: Brian Armstrong CEO Coinbase (CoinDesk)

USDC/USDT Hourly Chart (Kraken)
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
USDC/USDT dropped as low as 94 cents on Kraken, its lowest level since April 2021.
USDC/USDT Hourly Chart (Kraken)

Judgement Day
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
Judgement Day

Tether logo (Nikhilesh De/CoinDesk)
Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.
Tether logo (Nikhilesh De/CoinDesk)

Tether logo (Nikhilesh De/CoinDesk)
Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.
Tether logo (Nikhilesh De/CoinDesk)

Tether logo (Nikhilesh De/CoinDesk)
Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.
Tether logo (Nikhilesh De/CoinDesk)

CDCROP: The U.S. Securities and Exchange Commission seal
The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin
While the largest cryptocurrency has not been a direct focus for regulators, bitcoiners should not become cheerleaders.
CDCROP: The U.S. Securities and Exchange Commission seal

Acción regulatoria contra BUSD provoca que los inversores se trasladen a tether. (Brian Merrill/Pixabay)
Inversores se inclinan por tether mientras BUSD de Paxos se enfrenta a la presión regulatoria
Los inversores se están alejando de la stablecoin emitida por Paxos a pesar de que la empresa aseguró que cuenta con total respaldo y que liquidará de manera organizada, dijo un observador.
Acción regulatoria contra BUSD provoca que los inversores se trasladen a tether. (Brian Merrill/Pixabay)