Negative interest rates have arrived in the U.S. Stablecoin issuers say they’ll maintain 1:1 parity with the dollar

Originally reported by-The Block

Quick Take

  • Negative yields have arrived in the U.S., but stablecoin issuers seem less concerned 
  • All top five stablecoin issuers told The Block that they will continue to maintain 1:1 parity 
  • Stuart Hoegner, general counsel at Bitfinex – a sister firm of Tether – told The Block: “Tether will remain 100% backed by reserves.”

This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.

  • Bitcoin
  • Ethereum
Scan to Donate Bitcoin to bc1qgpg2g2nq6wzfn0vywve8ydrzqxpqw3st4dmpn9

Donate Bitcoin to this ERC20 address

Scan the QR code or copy the address below into your wallet to send some Bitcoin. The address is ERC20, anything helps.

Scan to Donate Ethereum to 0xc77aff36f2475d945fA837507C9596ee3D39a0Ec

Donate Ethereum to this ERC20 address

Scan the QR code or copy the address below into your wallet to send some Ethereum. The address is ERC20, anything helps.