Tether (USDT)
Justin Sun Working With Binance To Reduce Tron’s Withdrawal Fees
Binance recently increased the Tron network withdrawal fee on its platform. The fee hike ranged from 160% to 1400% per withdrawal. Tron founder Justin Sun…
Tether Has Moved Reserves to Capital Union and Two Other Firms
Tether has moved $37 billion of its reserves to Capital Union Bank in 2021. The transfer of the share followed the company’s settlement with the…
50% of USDT is on Tron, Has Been Growing: Crypto Analyst
Patrick Dynamo Defi tweets that more than 50% of USDT is on Tron when compared to 39.87% on Ethereum. The dominance of the Tron network…
Tether is Owned by Scant Experienced Founders, Says Report
Tether is reportedly controlled by a scant experienced bunch of founders. These founders control 86% of Tether holdings. The documents that back the claims were…
‘Tether Never Borrowed From Celsius,’ Says Tether CTO Paolo Adroino
Tether’s CTO has addressed the misinformation in the Celsius examiner’s final report. The executive clarified that his firm never borrowed from Celsius. The examiner’s report…
Circle’s December 2022 Report Says USDC is Overcollateralized
Circle’s collateralized assets are in surplus of the USDC in current circulation. Collateralized assets are held in treasury bills, banks, and other securities. Circle is…
Tether Overpowers Visa and Mastercard Concerning Settlement Volume
Tether has outperformed the major credit card providers including Visa and Mastercard. The current settlement volume of Tether is $18.2 trillion. The settlement volume of…
Fall of Stablecoins Will Affect US Bond Markets: Warns Eswar Prasad
Eswar Prasad warned that the fall of the major stablecoins could have a severe impact on the US bond markets. Prasad stated that the regulators…
Crypto.com To Delist Tether in Accordance With Canada’s Regulation
Crypto.com has notified that their Canadian customers that it would not support Tether after January 31. As per the notifying email, it will delist and…
Stablecoin Settlements Reach $7 Trillion in 2022, Beat Credit Card Providers
The stablecoins attained a record total settlement volume by reaching over $7 trillion in 2022. The current volume record has beaten the volume of the…
