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  • CoinDesk

    Telegram Users Can Now Transfer USDT Through Chats

    USDT has been added to Telegram's @wallet bot, expanding the messaging app's facility for buying and selling crypto.

  • CoinDesk

    Sushi DAO, Key Contributor Served With SEC Subpoena

    Sushi DAO and Head Chef Jared Grey were served with a subpoena by the U.S. Securities and Exchange Commission, the DAO revealed Tuesday.

  • CoinDesk

    The Banking Crisis Has Been Good for Stablecoin Experimentation

    Well, through sheer coincidence, this week when the U.S. Treasury Department, Federal Reserve and FDIC announced plans to backstop all deposits at two failed banks, they were also pledging to secure at least 8% of the collateral for the USDC stablecoin. Circle, the stablecoin’s issuer, said it keeps around a quarter of USDC’s reserve assets at about six banks. The bailout benefited Circle, which was working overtime last weekend while USDC depegged from the U.S. dollar.