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Tether’s Paolo Ardoino clarifies 1B USDT minted today
16.9.2024
According to the most recent data from blockchain tracking and analytics firm Whale Alert, the Tether Treasury has…
English High Court Rules Tether's USDT Stablecoin Counts as Property
13.9.2024
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared
Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
9.9.2024
Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken
Can Tether’s Dirham Stablecoin Drive Crypto Adoption in UAE?
21.8.2024
Word in the crypto world has it that the UAE is set to launch a Dirham-pegged stablecoin in…
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
18.8.2024
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug....
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
11.8.2024
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled...
Philippines adopts Tether’s USDT for social security payments
1.7.2024
The Social Security System is a state-run social insurance program that serves employees in the official, informal, and private sectors
Tether’s slowdown in supply points to cooling crypto activity
25.6.2024
As of June 24, Tether’s month-over-month supply has risen by less than 1.5%, down from over 5% in April and May
What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?
21.6.2024
Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms
Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
31.5.2024
This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for...
Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe
20.5.2024
Cryptocurrency exchange Kraken reassured users it has no plans to delist USDT in Europe and will continue to follow all legal requirements.
The post Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe appeared first on Cryptonews
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
The post Tether’s USDT Implicated in...
Stablecoin Surge: Tether's Headroom for Growth
8.5.2024
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish
Cartier Jewelry Heir Busted for Laundering Money with Crypto
6.5.2024
An heir to the Cartier empire was arrested last week by the US Justice Department (DoJ). He was accused of utilising Tether's USDT stablecoin to launder the proceeds of drug trafficking. The charges indicate a unique convergence of powerful individuals and cryptocurrency-related criminal...
Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
2.5.2024
Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023.
The post Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin...
Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume
29.4.2024
In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs.
The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions: Visa
29.4.2024
Despite Circle's rising transaction count, Tether's USDT still accounts for over 68% of the entire stablecoin market
Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
24.4.2024
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said
Tether’s worth stands at $60 million on TON blockchain
22.4.2024
TON blockchain started hosting Tether effective April 19, 2024. The volume issued was worth approximately $35 million. Almost 2 days later, the issuance has touched the massive milestone of $60 million on the said blockchain with expectations that it would soon inch closer to the giants like...
Tether’s emergence as a key liquidity provider in crypto markets
17.4.2024
When an investment can be quickly and easily traded for other assets – typically cash – without affecting its value, it is said to be liquid. In contrast to liquid assets, which can be more difficult to trade because of a lack of market participants or other circumstances, highly liquid...