Paolo Ardoino addresses Tether’s significant growth and its connection with the US government. Tether holds about $98 billion of US Treasury Bills, becoming one of…
Coinbase to delist all unauthorized stablecoins by year-end to comply with EU’s new MICA regulations. Terra’s USDT, the largest stablecoin by market cap, might be…
Stablecoins transacted $6.87T in 2022, surpassing Mastercard and PayPal. Ripple’s RLUSD offers instant payouts, multi-chain issuance, and regulatory compliance, challenging USDT and USDC. Stablecoin adoption…
The Consumer’s Research report claims Tether lacks transparency. Tether fails to submit a full audit of its USD reserves that back the USDT stablecoin. Though…
Stablecoins face challenges maintaining their $1 peg during periods of market volatility. USDT and USDC have shown resilience but can still experience brief de-pegging in…
USDT holdings have risen sharply amid a sluggish crypto market. Since August, a massive surge in USDT holdings on exchanges have been witnessed. The accumulation/distribution…
PeckShield flagged a $6.27M USDT transfer from OKX to an FTX/Alameda wallet. FTX's $12.7B creditor settlement includes $8.7B restitution and $4B disgorgement. Repayment in cryptocurrency…
The stablecoin market has recorded a new all-time high of $177 billion, surging past the previous high. The market has seen rapid growth in the…
A Chinese investor allegedly lost 1.78 million yuan while trying to invest in Tether’s USDT. The court dismissed the lawsuit, ruling the investor to bear…
The DoJ commended Tether’s support in recovering funds linked to fraud. Scammers disguised as romance partners to steal from unsuspecting victims. Tether supported the FBI…