Tether (USDT)
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…
Stablecoin Stability Tested: A History of De-Pegging Events
Stablecoins face challenges maintaining their $1 peg during periods of market volatility. USDT and USDC have shown resilience but can still experience brief de-pegging in…
Crypto Investors Flock to USDT as Market Uncertainty Grows
USDT holdings have risen sharply amid a sluggish crypto market. Since August, a massive surge in USDT holdings on exchanges have been witnessed. The accumulation/distribution…
OKX Transfers 6.275M USDT to FTX/Alameda: Creditor Repayments Begin?
PeckShield flagged a $6.27M USDT transfer from OKX to an FTX/Alameda wallet. FTX's $12.7B creditor settlement includes $8.7B restitution and $4B disgorgement. Repayment in cryptocurrency…
Stablecoins Hit Record $177B Market Cap, Tether Leads Surge
The stablecoin market has recorded a new all-time high of $177 billion, surging past the previous high. The market has seen rapid growth in the…
Chinese Court Dismisses Crypto Lawsuit, Reaffirms Crypto Ban
A Chinese investor allegedly lost 1.78 million yuan while trying to invest in Tether’s USDT. The court dismissed the lawsuit, ruling the investor to bear…
Tether and FBI Team Up to Recover $5 Billion in Crypto
The DoJ commended Tether’s support in recovering funds linked to fraud. Scammers disguised as romance partners to steal from unsuspecting victims. Tether supported the FBI…
Tokenized Assets Soar to $10.9B, Led by Debt & Treasuries
Tokenized assets hit $10.9B, driven by private credit and U.S. Treasuries demand. $BUIDL fund’s growth attracts major institutions, boosting tokenized Treasury interest. OpenEden's Moody’s "A"…
Tether’s New Stablecoin: Pegged to UAE Dirham
Tether to launch a UAE Dirham-pegged stablecoin, backed by UAE-based liquid reserves. Tether partners with Phoenix Group to develop a stablecoin tied to the value…
