Questions tagged [issuer]

SolitudeSerenade Mon Aug 19 2024 | 7 answers 1159

Could you please clarify who is responsible for issuing wrapped BTC? Is it a centralized authority, a decentralized organization, or perhaps a specific company? I'm interested in understanding the underlying mechanism behind the issuance process and how it differs from traditional forms of BTC. Additionally, what are the benefits and potential risks associated with wrapped BTC, and how does it compare to other types of wrapped cryptocurrencies?

EthereumEmpire Fri Aug 16 2024 | 5 answers 905

I'm curious about the security behind ETNs. Are they actually backed by the issuer, or is there some other form of guarantee in place? I've heard that some financial products can be risky without proper backing, so I'd like to understand how ETNs are structured in terms of their support and protection for investors.

benjamin_stokes_astronomer Tue Aug 06 2024 | 5 answers 1057

Could you elaborate on the role of a custodian in the context of a Bitcoin ETF, and whether or not the issuer of such an ETF could potentially assume this role? Are there any regulatory considerations or conflicts of interest that would need to be addressed if an ETF issuer were to serve as the custodian for the underlying Bitcoin assets?

SakuraBlooming Sat Jun 29 2024 | 7 answers 1554

Inquiring minds often wonder about the origin of various financial instruments, and True USD is no exception. So, let's delve into the question: Who issues True USD? To understand the answer, we must first recognize that True USD, often referred to as TUSD, is a cryptocurrency token designed to maintain a 1:1 peg with the United States Dollar. This stability is achieved through a collateralized system where True USD tokens are issued in exchange for U.S. Dollars held in reserve by a trusted custodian. Therefore, the issuer of True USD is typically the custodian who holds and manages the underlying U.S. Dollar reserves. So, in essence, True USD is issued by a trusted entity that ensures the peg to the U.S. Dollar remains intact.

Bianca Fri Jun 28 2024 | 8 answers 1862

Inquiring minds want to know, who is the issuer behind the trusted and widely utilized stablecoin known as TUSD? With its peg to the US dollar, TUSD offers investors a sense of stability and security in the volatile world of cryptocurrencies. So, who are the entities responsible for issuing and maintaining this crucial financial instrument? We seek clarity on the identity and reputation of the issuer, as well as an understanding of their regulatory standing and compliance measures to ensure the integrity of TUSD. Uncovering the true identity of TUSD's issuer is crucial for investors to make informed decisions in this rapidly evolving market.