Exclusive
Negative interest rates have arrived in the U.S. Stablecoin issuers say they'll maintain 1:1 parity with the dollar
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.”
Negative yields have arrived in the U.S., but stablecoin issuers seem less concerned. All top 5 stablecoin issuers told The Block that they will continue to maintain 1:1 parity.
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