Tether (USDT)
Northern Data Group’s Q3 Revenue Soars 235% on AI Computing Demand
Northern Data Group's Q3 2024 revenue surged by 235% year-on-year, reaching EUR 59 million. Tether CEO Paolo Ardoino revealed that Tether relies on their computing…
Ripple to Prioritize RLUSD Stablecoin for ODL Over USDC and Tether
Ripple plans to leverage RLUSD over USDC for new ODL opportunities and growth. Stablecoin regulations could benefit RLUSD by enhancing Ripple’s market positioning. Despite SEC…
USDT’s User Base Reaches 330 Million, Driven by Tron, BSC, and Ethereum
USDT adoption hits 330 million on-chain wallets by Q3 2024. Layer 2 chains like Optimism, Arbitrum, and TON are major contributors to user growth. USDT's…
Stablecoin Market Cap Explodes to $173 Billion — Is This Bearish for Bitcoin?
The total market cap of stablecoins surged by 0.48% in seven days since May 2022. A surge in stablecoin valuation suggests an increase in liquidity…
Falling USDT Dominance Hints at Potential Altcoin Market Rebound
USDT dominance is dropping, down 28% since October 2023. A drop in dominance might be a signal for an upcoming altcoin rally. Money might be…
Chinese Stocks Crash, Crypto Emerges as a Safe Haven
The MSCI APAC index saw its largest drop in a month, reflecting fading momentum in Chinese stocks. Analysts expect investors to shift focus back to…
Tether CEO: We’re the Only Stablecoin That Onboarded the FBI
Paolo Ardoino addresses Tether’s significant growth and its connection with the US government. Tether holds about $98 billion of US Treasury Bills, becoming one of…
Tether’s USDT Faces Potential Delisting from Coinbase
Coinbase to delist all unauthorized stablecoins by year-end to comply with EU’s new MICA regulations. Terra’s USDT, the largest stablecoin by market cap, might be…
Stablecoin Boom: RLUSD Joins the Race as Businesses Ditch Cash
Stablecoins transacted $6.87T in 2022, surpassing Mastercard and PayPal. Ripple’s RLUSD offers instant payouts, multi-chain issuance, and regulatory compliance, challenging USDT and USDC. Stablecoin adoption…
Is Your USDT Safe? Consumer Watchdog Raises Concerns About Tether
The Consumer’s Research report claims Tether lacks transparency. Tether fails to submit a full audit of its USD reserves that back the USDT stablecoin. Though…
