Sean Koppel - Profile and Journalist Details
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Sean Koppel
Verified
Contributor, Cryptocy News
Beats
Portfolio management, defined benefit plans
Content
By Sean Koppel| Cryptocy News@ Tether (USDT), the first ever stablecoin, remains the biggest stablecoin, accounting for about 70% of the stablecoin market share. The stablecoin continues to grow still, as its popularity continues to soar among users, giving it increasing dominance over the market. Tether said on Wednesday that it reached a record $2.9 billion net profit in the fourth quarter of 2023, and set an all-time high increase in excess reserves backing its USDT tokens in circulation.
By Sean Koppel| Cryptocy News@ Republican leadership in the House Financial Services Committee have demanded the review of a proposed rule by the Consumer Financial Protection Bureau over its impact on crypto. The house members say that the rule has an unclear impact on digital assets and wants the agency to take a second look at it.
By Sean Koppel| Cryptocy News@ Tether (USDT), the first ever stablecoin, remains the biggest stablecoin, accounting for about 70% of the stablecoin market share. The stablecoin continues to grow still, as its popularity continues to soar among users, giving it increasing dominance over the market. Tether said on Wednesday that it reached a record $2.9 billion net profit in the fourth quarter of 2023, and set an all-time high increase in excess reserves backing its USDT tokens in circulation.
Company Info
Cryptocy News