Tether issues the gold-backed stablecoin XAUT, which is currently backed by 7.7 metric tons of gold valued at approximately $819 million. Though still smaller than major gold ETFs like SPDR…
Browsing: Tether USDT
Tether remains the dominant stablecoin issuer, controlling 61% of the total stablecoin supply with a market cap of $144 billion. Alongside its BTC purchase, Tether minted another $1 billion USDT…
Lutnick’s appointment as Commerce Secretary raises questions on how his Bitcoin advocacy could influence U.S. crypto regulations. Lutnick’s strong ties to crypto, particularly Tether, could shape future U.S. policies on…
Under the STABLE Act, only 66% of Tether’s reserves are compliant, while the GENIUS Act sees 83% compliance. Analysts warn that declining compliance ratios, alongside the rising stablecoin supply, could…
The wallet’s activity suggests confidence in Uniswap’s governance token UNI and could signal significant upward price pressure if accumulation continues. Market analysts project bullish momentum for Uniswap, with a potential…
USDT stablecoin issuer said that its AI features enhance user experience and will be integrated into Tether’s proprietary AI SDK platform, Tether Data. Tether has established a dedicated division for…
Tether (USDT) is a USD-pegged stablecoin issued by Tether, designed to track $1 and backed by reserve assets subject to regular disclosures and attestations. USDT exists on many blockchains, making…
Tether’s AED-pegged stablecoin aims to provide a transparent, cost-effective hedge against currency fluctuations fully backed by UAE-based reserves. The AED-pegged stablecoin will also support the UAE’s growing economic activities, offering…
Tether has minted an additional $1 billion in USDT on the Tron blockchain, bringing its total USDT issuance to over $33 billion in the past year, with the majority minted…
The stablecoin landscape is shifting amid regulatory differences. While USDT remains the leader, USDC is gradually assuming parts of its market share. The stablecoin ecosystem is currently experiencing a repositioning…
Binance Exchange has integrated Tether (USDT) on the TON network. As the protocol powers Toncoin, users now have another option to move the world’s largest stablecoin. Popular crypto exchange Binance…
The US Justice Department has indicted Maximilien de Hoop Cartier for his alleged involvement in laundering proceeds from drug trafficking using Tether (USDT). The indictment discloses how Cartier would use…
Venezuela pivots from USD to Bitcoin and Tether for oil sales to circumvent US sanctions. PDVSA mandates digital wallets for all clients, signaling a significant move towards digital currencies. In…
The US Treasury undersecretary has highlighted Russia’s alleged use of Tether (USDT) to bypass international sanctions and finance its military activities. Adewale O. Adeyemo has urged policymakers to grant the…
Tether Treasury minted 1 billion USDT to meet growing demand, aiming to replenish Ethereum Network inventory. Tether’s market cap nears $100 billion, up 7% this year, driven by strong financial…
Tether’s extensive minting activity, has contributed to the recent surge in Bitcoin price moving all the way to $43,500. Fidelity’s spot Bitcoin ETF, FBTC, attracted $208 million in daily inflows,…
Figure Technologies aims to become the first to introduce an interest-bearing stablecoin in the US. Figure Markets, the digital asset arm of Figure, also plans to secure $50 million in…
Brazil’s Revenue Department recently reported a significant USDT transaction surge in the country. IMF remains apprehensive about Stablecoin threats and warns against financial disruption. Receita Federal do Brasil, Brazil’s Special…
The Indonesian Deputy Minister of Trade has highlighted the significant growth of cryptocurrency transactions, regulation guidelines, and plans for a conducive crypto ecosystem. Cryptocurrencies, though not usable as a mode…
Analysts reveal their fears concerning the level of exposure Tether has to the FTX’s crash. Meanwhile, Tether has released a blog statement explaining how the failure of Alameda Research doesn’t…