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Turkey's Economic Woes Push Investors Towards Stablecoin Tether – Here's the Latest
12.6.2023
As Turkey’s economic woes continue to deteriorate with lira spiraling downwards, investors are turning to cryptocurrency as a safe haven.
Local demand for Tether, the largest dollar-backed stablecoin, surged in early May ahead of the election and has remained high since, according to a recent...
Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
12.6.2023
This was Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
12.6.2023
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote....
Binance.US To Remove Over 100 Trading Pairs by Thursday Days After SEC Charges
7.6.2023
Binance.US has decided to remove over 100 trading pairs by June 8, days after the Securities and Exchange Commission sued Binance and its CEO.
Those trading pairs, which are assets that can be traded for each other on an exchange, included AAVE/USDT, SUSHI/USDT, POLYX/USDT, FLOW/USDT, ATOM/BTC...
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit
7.6.2023
Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs
Bitcoin, Ether Trade at Premiums on Binance.US as Investors Flee Following SEC Actions
7.6.2023
The U.S. Securities and Exchange Commission was seeking to freeze assets on Binance.US after suing the exchange and its global sister-entity Binance, CoinDesk reported Tuesday
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
5.6.2023
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether...
Tether invests in El Salvador's $1B renewable energy project
5.6.2023
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
5.6.2023
Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
2.6.2023
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
1.6.2023
On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...
Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
1.6.2023
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance
Tether Stablecoin Recoups Lost Market Value in 2022 Crash, Topping $83.2 Billion
1.6.2023
Tether, the largest stablecoin in the market, has seen its market capitalization hit a new record high, exceeding $83.2 billion.
The stablecoin, which is pegged at one-to-one with the U.S. dollar and is backed by reserves of cash and cash-equivalent assets, has recovered the $20 billion in market...
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
31.5.2023
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
31.5.2023
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
30.5.2023
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure
USDT market share jumps amid economic uncertainty, USDC shrinks
28.5.2023
Over the past year, Circle's USD Coin has seen its market share decline from 34.88% to 23.05%. Tether's USDT shows a contrasting picture
UAE’s Clear Rules and Openness to ‘Experimentation’ Key to Attracting Crypto Firms, Says Ben Caselin of Maskex
26.5.2023
Players in the crypto space are attracted to the United Arab Emirates (UAE) because the region not only has clear rules but is also “open to experimentation,” Ben Caselin, the Vice President and Chief Strategy Officer (CSO) at the crypto exchange Maskex, has said. Caselin also said...
Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin
26.5.2023
Bitcoin.com’s ecosystem token, VERSE, has been listed on Kucoin, a top-tier cryptocurrency exchange platform known for being the home of crypto gems. Deposits are open now, and trading will commence at 10:00 AM UTC with the initial pair being VERSE/USDT. A milestone moment for Bitcoin.com...