Coins that are issued over a blockchain and are continuously pegged 1 to 1 with the underlying international fiat currency they are related to and deposited in a chartered Bank or a Digital Asset chartered Bank.
Tether To Lead $150M Recovery Program for DeFi Platform Drift Protocol
Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for the Drift Protocol decentralized exchange (DEX) following an exploit of the platform in April. The recovery […]
