News+

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.

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly

Annual

$
per year
Join Now

Monthly

$
per month
Join Now

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Trending Stories

More