Tether maintains $3.3B in liquidity cushion: USDT transparency report
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%.
Bank of Canada
Canada
CBDC
Central Bank
central bank digital currency
Digital Dollar
discussion paper
Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
Digital Dollar Project completes CBDC retail remittance pilot with Western Union
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency.