After another critical article from the Wall Street Journal, Tether announced that it would get rid of “Secured loans” by the end of next year.

Coinbase has made the conversion of USDT to USDC available to users without commission, encouraging everyone to switch to a reliable stablecoin from Circle.

Tether announced the launch of Euro Tether (EURT) and Tether Gold (XAUT) on Huobi Global. As well as a stablecoin tied to the offshore Chinese yuan (CNHT) which will be available to users on the Tron blockchain, although previously it worked only on Ethereum.

On November 10, Tether shared its third quarter reserve report, audited by BDO. We did a closer observation of its contents.

This year was an eventful year in the world of crypto. In particular, the collapsed Terra and FTX crisis affected the entire crypto market, and again attracted the attention of regulators to crypto and stablecoins. Stablecoins are valued for their technological features, while, at the same time, maintaining a stable

Major stablecoins reacted to FTX saga by temporarily losing their peg. No major losses so far.

Synonym is a bitcoin open-source software company that is developing peer-to-peer protocols and applications for global Bitcoin adoption. It promotes “hyperbitcoinization” - a future state where Bitcoin is more widely used as a default value and payment system.

At the end of October, Bloomberg, citing its sources, published an article stating that a new investigative team is taking over looking into the alleged fraud of the Tether leadership. Tether's reaction followed very quickly. In a message on the official website, the company accused Bloomberg of lying