Tether (USDT)
OKX Becomes the Largest Crypto Exchange Offering AUD Services
OKX, the second largest crypto exchange by trading volume, has announced the launch of its spots and derivatives crypto trading platform in Australia. With its efforts to expand its services...
USDT-TON Hits $200M Circulation in Less Than a Month
USDt-TON has hit an adoption milestone, hitting a circulation of $200 million within a month of issuance. This growth sets a new record for the fastest token circulation in Tether’s...
Tether Attacks Ripple CEO Over USDt FUD, Calls Him “Uninformed CEO”
Paolo Ardoino, the CEO of prominent stablecoin issuer Tether (USDt), has fired back at the critical remarks of Ripple CEO Brad Garlinghouse. For context, Garlinghouse recently asserted that the U.S....
US Administration is Targeting Stablecoin USDT: Brad Garlinghouse
The chief executive of American blockchain payments firm Ripple, Brad Garlinghouse, stated recently that the United States government, under the leadership of President Joe Biden, is going after Tether, the...
Only 14% of Stablecoins Survive, Says Deutsche Bank Research Report
In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...
Heir to Cartier Apprehended for Laundering Money Using USDT
The United States Justice Department (DoJ) has made a significant arrest, charging Maximilien de Hoop Cartier, an heir to the Cartier jewelry empire, with conspiring to launder proceeds from drug...
There is “A Lot of Noise” in the Widespread Stablecoin Data – Visa
According to Cuy Sheffield, Head of Crypto at Visa, his company has created an Onchain Analytics Dashboard that aims to provide accurate information about the growth of stablecoins. Sheffield made...
Tether Sets New Record With $4.52 Billion Net Profit in Q1 2024
Tether, the world’s leading stablecoin issuer, has reported a record-breaking return for Q1 2024. In a recently published Q1 2024 attestation report, the firm noted that its net profit hit...
Ripple Makes Waves With USDT Transition for ODL Services
Recent disclosures have revealed substantial changes within Ripple’s blockchain payment protocol in response to Bill Morgan’s concerns about the SEC legal battle and Ripple’s On-Demand Liquidity (ODL) operations. Ripple has...
The SEC Lawsuit Forced Ripple to Replace XRP With USDT As Bridge Currency
A renowned blockchain analyst identified as Crypto Eri on X has highlighted Ripple’s use of the USDT stablecoin as the bridge currency in ODL transactions. According to Crypto Eri, the...
Venezuela Boosts Cryptocurrency Use in Oil Trades Amid Sanctions
Amid tightening U.S. sanctions, Venezuela’s state-owned oil company, PDVSA, is escalating its shift towards cryptocurrency for oil transactions as reported by Reuters. Consequently, the company now requires new customers to...
Tether Makes Waves on TON Network with Seamless Payments Guaranteed
Tether, the renowned stablecoin issuer, has rapidly expanded its footprint into The Open Network (TON), issuing a substantial $60 million worth of USDT since its integration on April 19. This...
Tether’s Expands Into 4 Divisions Looking Beyond Stablecoins
Tether, the issuer of the world’s biggest stablecoin, has announced a significant reorganization as it plans to expand into other digital sectors. According to a release on Tether’s website, the...
Tether Earns $6.2B in 2023, Competes With Traditional Financial Firms
Bitwise President believes Tether performed impressively in 2023. The stablecoin company generated $6.2 billion in net income in 2023. Tether’s net income is 78% of Goldman Sachs’ and 72% of...
Whale Alert Spots Significant Transactions Involving Tether Treasury
Whale Alert, the popular wallet tracker, has spotted significant transactions on Tether Treasury. In two recent posts, Whale Alert shared that 100 million USDT had been transferred from Bitfinex to...
USDT Launch on Celo Triggers a Stellar 41.1% CELO Price Surge
In a notable market action, the price of Celo (CELO) has increased by 41.1% in the past 24 hours, showcasing the firm belief of investors and the market enthusiasm. Nonetheless,...
Will The New $2B USDT Injection Influence More Market Momentum?
Prominent USDT stablecoin issuer Tether has continued to mint staggering billion-dollar sums recently, sparking more bullish enthusiasm in the crypto space. On Saturday, Whale Alert disclosed that 1,000,000,000 USDT had...
Bitcoin on Verge of All-Time High as Tether Mints 1B USDT
Crypto community members have become more bullish about Bitcoin reaching an all-time high amid the staggering value of stablecoins minted from USDT issuer Tether. Within the last 24 hours, 1,000,000,000...
JPMorgan Says Stricter KYC/AML Rules Could Cripple USDT Dominance
In a recent research report, American financial giant JPMorgan warned about Tether (USDT), the leading stablecoin in the crypto market. The report highlighted vulnerabilities stemming from Tether’s reliance on the...
Tether’s $2.85B Profit in Q4 2023 Matches 10% of JP Morgan’s Gains
According to Ryan Selkis, Messari CEO, Tether’s net profit has risen to 10% of JP Morgan’s. Tether’s CEO, Paolo Ardoino, reported that the company made a $2.85 billion profit in...
USDT’s Circulating Supply Jumps: Is (BTC) Set for Another Rally
According to Simona_APC, a CryptoQuant author, Bitcoin’s (BTC) price could be positively affected by the rise in USDT’s circulation supply. To back up her point, the on-chain analyst referred to...
USDT Treasury Moves $229,956,875 to Bitfinex as BTC Rallies Back to $42k
In a significant transaction that has sparked interest across the crypto community, Tether’s Treasury has initiated a transfer of multi-million dollars’ worth of USDT tokens to the renowned exchange, Bitfinex....
Whale Accumulation Signals Bullish Reversal Amid Ongoing Bearish Trend
On-chain data suggests whales may soon begin accumulating BTC, USDT, and USDC. This signals a bullish trend despite the current market downtrend. Shark and whale holdings of Bitcoin have reached...
Stablecoin Saga and Beyond: Circle’s CEO on Crypto Landscape and Tether’s Validation
In a recent interview with Bloomberg, Circle CEO Jeremy Allaire discussed the evolution of the cryptocurrency industry, the significance of institutional involvement, and the role of stablecoins within the market. ...
Tether Treasury 2 Billion USDT Transfer to Whale: What is Going on?
A series of Tether USDT transactions worth $182 million have been transferred from Tether Treasury to a giant whale, according to transfer receipts from LookOnChain, a web3 data analysis tool. ...
