Tether (USDT)
Smart Money Investor Prepares To Utilize Altcoin Market Downturn
Lookonchain revealed earlier today that an address deposited millions of USDT to Binance. .The analysis firm believes the address could be gearing up to buy…
USDT Cap Hits New ATH, Dominating Stablecoin Market with 64.34%
Tether (USDT) surpasses its previous all-time high market cap. The stablecoin USDT now has a market share of over $83.2 billion. USDT's dominance hits 64.34%,…
Tether Buys 52,670 Bitcoins in Q1, Set To Outpace MicroStrategy
Tether used some of its profits to buy about 52,670 Bitcoins in Q1, 2023. The stablecoin issuer could outpace MicroStrategy if it sustains accumulation strategy…
Tether Mints 1B USDT to Replenish Inventory on Ethereum Network
Tether treasury recently minted 1,000,000,000 USDT tokens, equivalent to $1,000,400,000. Tether’s CTO said the minted tokens are to replenish its inventory on the Ethereum network.…
Analyst Accuses Tether of Manipulating Q4 2022 Attestation Report
Intel_jakal has questioned Tether’s reluctance to pay its non-token debt despite huge profit. The analyst criticized Tether’s supporters for celebrating $700M profit in the Q4…
Hong Kong Banks Support Crypto, More Funds to Move into Stablecoin: CZ
Binance CEO Changpeng Zhao says HK banks’ support for crypto would attract more funds to the market. The largest virtual bank in Hong Kong is…
Tether Becomes the Biggest Buyer of US Treasuries, Says Report
Gabor Gurbacs tweeted that the foreign central banks are selling U.S. Treasuries. The advisor added that the Tether is the largest buyer of U.S. Treasuries.…
Tether’s Excess Reserves and Projected Profits Offer Reassurance
Tether announces $1.6 billion in excess reserves to back USDT stablecoin. Tether faces regulatory scrutiny and criticism for its lack of transparency and alleged involvement…
USDC and USDT Sustain Tight Stablecoin Dominance Contest
Cryptoquant data reveals a tight dominance contest between USDC and USDT. The market capitalization share of USDC is 43.78%, while that of USDT is 44.60%.…
Binance CEO CZ Calls Attention to USDT’s Growing Market Cap
Changpeng Zhao recently pointed out the irony in the winding down of Binance USD (BUSD). The Binance chief highlighted the crackdown on BUSD despite being…
