Tag: USDT
USDT Issuer Tether Invests in Georgia Payment Processor CityPay.io
Stablecoins are a key piece of plumbing in the crypto ecosystem, bridging government-issued currencies and facilitating trading. Issuers are increasin [...]
USDT market share jumps amid economic uncertainty, USDC shrinks
The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a down [...]
Tether USDT Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable,’ Kaiko Says
As trading volumes are falling, and assuming that trading is the dominant use case for stablecoins, a respective decline in market capitalization woul [...]
Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market
Argentinians can now purchase dairy produce with the USDT stablecoin at the Central Market of Buenos Aires — one of the largest movers of fruits and v [...]
USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves
The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. It [...]
USDT Stablecoin Issuer Tether Reveals Bitcoin, Gold Reserves, Reports Q1 $1.48B Profit
According to the Q1 attestation signed by financial services firm BDO Italia, Tether held about $2.44 billion in excess reserves of the $79.4 billion [...]
OKX just sent $60M in USDT, MASK token to Alameda Research
On May 9, crypto exchange OKX sent approximately $60 million worth of digital assets to wallets connected to failed hedge fund Alameda Research, accor [...]
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Cryptocurrency firm Tether, which issues the stablecoin USDT (USDT), expects to make a $700 million profit in the first quarter of 2023, matching the [...]
Telegram Users Can Now Transfer USDT Through Chats
USDT has been added to Telegram's @wallet bot, expanding the messaging app's facility for buying and selling crypto.
www.coindesk.com [...]
Binance replaces BUSD in SAFU Fund with TUSD & USDT
Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) [...]
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
Soon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of its USD Coin (USDC) reserves, the market responded with a massive [...]
Tether’s USDT Cryptocurrency Market Share Among Stablecoins Rises to Highest Level in 15 Months
USDT’s market capitalization has grown some $5.3 billion this year so far to $71.6 billion, with $3 billion of the gains after mid-February. Circle’s [...]
OKX seizes 2M USDT linked to market manipulation
According to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that it seized 2,014,381 Tether (USDT) from five accou [...]
Tether USDT Stablecoin Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
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Paxos Halt of BUSD Stablecoin Issuance Derails Binance Strategy for Global Dominance, With Tether’s USDT, Circle’s USDC, Maker’s DAI as Likely Gainers
In the largest BUSD pool on decentralized finance (DeFi) protocol Curve, where traders can swap between stablecoins, traders almost depleted the USDT, [...]