Tether, the issuer of the world’s largest stablecoin, is launching Alloy, a new digital asset platform that combines the stability of the U.S. dollar with the security of gold. The...
Former Speaker of the House Paul Ryan has made a strong call for U.S. lawmakers to promote dollar-backed stablecoins to enhance the attractiveness of U.S. debt in international markets. In...
Paolo Ardoino, the CEO of Tether, recently highlighted the significance of USDT in the unstable US economy. The CEO stated that USDT helps investors to mitigate inflation and currency devaluation....
In a flurry of activity, Whale Alert has flagged significant transactions, shedding light on the movement of hundreds of millions of dollars in digital assets across major platforms. Tether Treasury...
Kaiko data reveals that crypto trading is experiencing increased adoption in the European market. Since the beginning of the year, the volume of Euro-backed stablecoins has grown, signaling increased adoption...
Binance, the world’s largest cryptocurrency exchange, has announced its 55th Launchpool project, IONET (IO). Users can now farm IO, the native token of this decentralized AI computing and cloud platform,...
Brock Pierce has recently shared insights on his potential return to Hong Kong with his new business. Though Pierce stated that he had conversations with Hong Kong’s authorities, he did...
In a significant development within the cryptosphere, a staggering 72 million USDT (equivalent to $71,968,932) has been transferred from Binance to the Tether Treasury, as tracked by Whale Alert. This...
TRUMP’s price surged to an all-time high today, driven by significant investments and political endorsements. According to Lookonchain, an investor recently withdrew 1.16 million USDT from Binance and invested 1.15...
Russia’s two biggest unsanctioned metal producers have begun conducting cross-border transactions with Chinese suppliers and clients using Tether USDT stablecoin in a calculated attempt to evade possible secondary sanctions from...
Nick van Eck, the CEO of the stablecoin issuer firm Agora, recently shared insights on “yield-bearing stablecoins,” stating that they are “not money or stablecoins.” To be clearer, van Eck...
Amidst the recent turbulence in the cryptocurrency market, the increasing number of non-empty stablecoin wallets provides a glimmer of hope for investors. As highlighted by Santiment, a top analytic firm,...
Kraken, a major cryptocurrency exchange, is contemplating the delisting of Tether’s USDT stablecoin from its European platform in response to upcoming regulations from the European Union. Marcus Hughes, Kraken’s global...
Authorities in Chengdu, China, dismantled a large-scale underground bank operation in a months-long investigation, dealing a significant blow to illegal financial activity in the region. The investigation, which uncovered a...
According to reports by the Hong Kong Police Force (HKPF), three employees of a crypto exchange shop in Tsim Sha Tsui have been detained following allegations of a cryptocurrency scam. ...
Tether chief executive Paolo Ardoino recently took to social media platform X to highlight the statement on USDT given by Ripple CEO Brad Garlinghouse in an interview, calling him an...
Tether, the firm associated with the world’s largest stablecoin by market capitalization, froze 5.2 million USDT on May 14 as per the data from MistTrack, a crypto tracking and compliance...
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 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...
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....
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...
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,...
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...
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, 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...