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…
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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…
Tether, the issuer of USDT, recently minted $8 billion in USDT tokens, sparking debate in the crypto community. The minting was termed an “inventory replenish,” with new tokens awaiting future…
Tether, in partnership with OKX and the U.S. Department of Justice, has frozen $225 million in USDT, the largest ever, to combat an international ‘pig butchering’ romance scam. The successful…
Tether, the company behind the USDT stablecoin, is investing $500 million in Bitcoin mining to diversify its business and become a major player in the industry. The investment includes building…
Tether, a major stablecoin issuer, has ramped up its USDT minting, issuing 4 billion USDT in the past month and 22.75 billion in 2023. The company balances expansion with coin…
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…
Zodia Custody, part of Standard Chartered, partners with OpenEden for a new crypto service, enabling passive earnings for investors from digital assets. The program provides yield opportunities for stablecoin holders,…
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…
According to Bluechip, Tether was assigned an overall rating of ‘D.’ Garett Jones, the Chief Economist at Bluechip, emphasized that the quality of their governance heavily influences the stability ratings…
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…
A Forbes report claims that Bitcoin trading volume on June 14 wasn’t $262 billion but $128 billion. The report explains why exchanges report false figures. A new study of 157…
Many stablecoins are trying to fill the void left following the crash of TerraUSD. The Arcane report states that USDC is more regulatory compliant than USDT. After Terra’s stablecoin (UST)…
Massachusetts Senator Elizabeth Warren has, once again, attacked DeFi and stablecoins, calling them “shady” and brimming with “scammers, cheats, and swindlers.” In the past, Warren has criticized cryptocurrencies, crypto exchanges,…
Tether and its executives have been accused of misappropriation of funds with investments in Chinese commercial paper and issuance of loans The company has fired back, noting that this is…