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Tether Price Stabilizes but Market Cap Shrinks as Stablecoin Focus Shifts to Coinbase

Tether’s dollar-backed stablecoin has been unable to return to parity this week, leading to a sharp drop in supply on major exchanges. Several new kids on the block, including Circle’s USDC and Gemini’s GUSD, have taken the shine away from the controversial stablecoin, whose parent company has yet to produce tangible evidence of its dollar-backed […]
The post Tether Price Stabilizes but Market Cap Shrinks as Stablecoin Focus Shifts to Coinbase appeared first on Hacked: Hacking Finance .

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