Northern Data Group, a provider of AI and high-performance computing (HPC) solutions, announced stellar Q3 2024 financial results, with revenue surging to EUR 59 million, a 235% jump year-on-year. This...
Ripple CEO Brad Garlinghouse revealed the company will prioritize its own stablecoin, RLUSD, over USDC and Tether for its On-Demand Liquidity (ODL) product. In a talk session with Thinking Crypto,...
Tether announced its stablecoin, USDT, saw a dramatic increase in its user base. By the end of Q3 2024, the network recorded 330 million on-chain wallets, solidifying its position in...
The total market capitalization of stablecoins has surged to $173 billion, a level not seen since May 2022. This significant increase in stablecoin demand could foreshadow a pullback in Bitcoin’s...
The dominance of Tether (USDT), the largest stablecoin by market capitalization, has dropped significantly over the past year, possibly indicating an impending altcoin rally. This decline coincides with Bitcoin’s struggle...
The rally in Chinese stocks has ended after a week-long holiday. This decline follows a government briefing that did not announce any new economic stimulus measures. As a result, the...
Paolo Ardoino addresses Tether’s significant growth and its connection with the US government. Tether CEO Paolo Ardoino claimed the company had a stronger relationship with the US government than any...
Coinbase announced its plans to delist all unauthorized stablecoins from its platform by the end of the year due to new MiCA requirements. The exchange is focusing on tokens in...
Stablecoins, digital currencies linked to fiat currencies, have seen tremendous growth. In 2022, they handled transactions worth $6.87 trillion, outpacing Mastercard and PayPal in moving value across networks. While Tether...
Consumer advocacy group Consumer’s Research issued a warning to stablecoin issuer Tether in a report released on September 12. The report alleges that Tether lacks transparency around its USD reserves,...
Recent market upheavals have highlighted the ongoing struggle for stablecoins to maintain their $1 peg during periods of instability. Major events like the Terra collapse and the US banking crisis...
Crypto investors have massively increased their stablecoins holdings with USDT accumulation on the rise amid a sluggish market. Data from CryptoQuant reveals a sharp rise in USDT holdings since August’s...
Blockchain security firm PeckShield observed transfers from cryptocurrency exchange OKX to wallets linked to the bankrupt FTX exchange. Early Friday morning, an Alameda/FTX-labeled address received 6.275 million USDT from OKX....
The stablecoin market is booming, reaching a new all-time high of $177 billion. This marks 11 consecutive months of growth, shattering the previous record set in March 2022. Tether (USDT)...
Amid the ongoing debate over China’s stance on cryptocurrencies, the East Asian nation has once again made its position clear. A recent ruling by the Wuhan Donghu New Technology Development...
The U.S. Attorney’s Office for the Eastern District of North Carolina publicly commended Tether, the leading stablecoin issuer, for assisting in the recovery of funds connected to a major fraud...
Tokenized asset markets have reached a new all-time high, surpassing $10.9 billion. This represents a 37.1% increase from the roughly $8 billion at the start of the year. The surge...
Tether, the issuer of the world’s largest stablecoin, USDT, is set to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative is a collaboration with...
Blockchain analytics platform Lookonchain reports that Tether has minted a massive 3 billion USDT in just one week. The distribution of these newly minted stablecoins across major exchanges has fueled...
Tether, the company behind the top stablecoin USDT, has minted 1 billion new tokens. Crypto analyst Ali Martinez suggests this could boost Bitcoin’s price. Martinez draws a parallel between Tether...
Paolo Ardoino, the CEO of Tether, expressed concerns about the European Union’s (EU) information policy, arguing that its restrictive nature could impact transparency and regulatory clarity within the crypto market....
Tether CEO, Paolo Ardoino, has expressed concerns over the European Union’s new Markets in Crypto-Assets (MiCA) regulation. Ardoino believes that this crypto regulation could create risks for stablecoin operators like...
KuCoin, a leading global cryptocurrency exchange, has launched GemPool, an innovative crypto staking platform that enables users to acquire token airdrops as a reward for staking their crypto assets. This...
Tether (USDT) reaches a record 18 million weekly transactions on EVM chains. Tron accounts for 78% of USDT transactions and holds 84% of USDT addresses. Tether reports $5.2 billion in...
According to crypto insights provider Matrixport, new USDT issuance has slowed since mid-April but has recently begun to rise again. This uptick, as suggested in a post on X (formerly...