Tagged: usdt

March 24, 2025 @ 1:57 pm By Omar Faridi  |  

The crypto market has faced a challenging period, with Bitcoin and other  cryptocurrencies experiencing price declines in recent months. However, one segment of the market has quietly defied this trend: stablecoins. The total market capitalization of stablecoins has been steadily rising, reflecting growing adoption and… Read More

February 2, 2025 @ 5:32 pm By Omar Faridi  |  

Tether Holdings Limited released its assurance opinion for the fourth quarter of 2024, conducted by BDO, a global “independent” accounting firm. The attestation is said to reaffirm the accuracy of Tether’s Consolidated Reserves Report (CRR) and provides a breakdown of the assets “held as reserves… Read More

January 31, 2025 @ 7:47 am By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital assets industry, announced the integration of USDt into Bitcoin’s ecosystem, including its base layer and the Lightning Network. Supported by a Taproot-powered protocol, Taproot Assets, and developed by Lightning Labs, this integration… Read More

January 17, 2025 @ 3:34 pm By JD Alois  |  

Upstream, “a stock exchange for digital securities,” says it is now accepting Tethere – USDT or USDC dollar-based stablecoins. USDT os the largest stablecoin by market cap at $137.5 billion. USDC is the second largest. Upstream is part of MERJ, a regulated stock exchange based… Read More

January 13, 2025 @ 2:17 pm By JD Alois  |  

Tether, the issuer of the largest stablecoin in the world – US dollar-based USDT, has relocated its business to El Salvador, a central American country that has embraced digital asset innovation. El Salvador has experienced a renewal in its prospects following the election of a… Read More

January 2, 2025 @ 10:39 am By JD Alois  |  

Tether, TRON, and TRM Labs say they have frozen over $100 million digital assets globally as they seek to impede criminal activity pertaining to crypto. TRM Labs is a blockchain intelligence firm. The collaboration has been labeled the T3 Financial Crime Unit (T3 FCU) launched… Read More

December 10, 2024 @ 8:11 am By Omar Faridi  |  

Tether has shared insights on just how many stablecoin USDT on-chain holders there may be. In their Tether Insights, they shared the data that a total of 330 million on-chain wallets and accounts, a “proxy for users,” had received USDT by the end of Q3… Read More

December 5, 2024 @ 12:13 pm By JD Alois  |  

FV Bank says it has integrated Tether (USDT) for direct deposits. Tether is currently the largest stablecoin in the world by market capitalization. By adding the dollar-based stablecoin, users may hop between fiat and USDT, which is converted in real-time. FV Bank touts this ability… Read More

November 26, 2024 @ 12:36 pm By JD Alois  |  

The UK recently revealed it intends to pursue comprehensive regulation of the digital asset sector in 2025. This includes the key stablecoin market, which is one of the most robust sectors of crypto. Today, much stablecoin activity incorporates onboarding or an off-ramp for crypto trading—an… Read More

October 31, 2024 @ 10:54 am By JD Alois  |  

Tether, a dollar-based stablecoin (USDT), has a market capitalization of over $120 billion. It is one of the most popular “cryptocurrencies” in the world, only topped by Bitcoin and Ether in total value. The stablecoin was launched ten years ago this October and has become… Read More

October 27, 2024 @ 7:48 pm By Omar Faridi  |  

Stablecoin USDT issuer Tether slams WSJ’s “irresponsible reporting,” and says it stands by its “strong’ law enforcement track record. Notably, Tether’s reaction / response comes shortly after the WSJ reported that the stablecoin issuer could be under investigation by US authorities, possibly (and allegedly) including… Read More

October 8, 2024 @ 9:11 am By Omar Faridi  |  

Tether, which claims to be among the largest companies in the digital assets industry, marks a decade of pioneering advancements and innovation that have helped with transforming the landscape of digital assets. Since its launch in 2014, Tether claims it has enhanced finance by introducing… Read More

September 10, 2024 @ 8:25 am By JD Alois  |  

Tether and its dollar-based stablecoin USDT is taking a beating this morning, courtesy of WSJ.com. In a report, the news site hammers Tether as “undermining America’s fight against arms dealers, sanctions busters, and scammers.” Tether is the 3rd most popular crypto in the world, with… Read More

August 20, 2024 @ 6:26 am By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest companies in the digital assets industry, announced that they will be launching U.S. dollar-pegged Tether tokens (USD₮) on the Aptos Network. This integration is part of Tether’s broader strategy “to make digital currency more accessible… Read More

August 5, 2024 @ 1:58 pm By Omar Faridi  |  

HashKey Global is pleased to announce the completion of Tether (USDT) integration on the BNB Chain, with deposit and withdrawal services now open. HashKey Global now supports USDT deposit and withdrawal services “on the ERC20, TRC20, BEP20, and Arbitrum networks.” As noted in the update,… Read More

July 31, 2024 @ 12:48 pm By JD Alois  |  

Stablecoin issuer Tether is reporting a $5.2 billion profit for the first six months of 2024. The news was shared as part of the firm’s Q2 attestation of holdings. Q2 generated $1.3 billion in profits after a strong Q1. Tether reports that it mainly holds… Read More

July 23, 2024 @ 1:10 pm By JD Alois  |  

The stablecoin market, which involves digital assets tied to another asset, such as fiat currency, has surpassed $160 billion in value. The market is led by Tether (USDT), which hoovers up much of the market at over $114 billion. USDC, issued by Circle is in… Read More

July 15, 2024 @ 11:00 am By Omar Faridi  |  

At Tether, they remain dedicated to fostering a robust and innovative blockchain ecosystem for USD₮ and all other tokens we issue. This commitment drives Tether to continuously “assess their transport layers, ensuring a balance between maintainability and usage while prioritizing community interest.” Community input is… Read More

June 30, 2024 @ 1:17 pm By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest companies in the digital asset industry, has announced a collaboration with Uquid, a Web 3 E-commerce platform, to launch the USD₮ store. This collaboration aims to demonstrate “the practical use of USD₮ in everyday transactions… Read More

June 25, 2024 @ 10:41 am By Omar Faridi  |  

At Tether, they claim to be deeply committed to maintaining a robust and innovative blockchain ecosystem for USD₮ and all other tokens we issue. To uphold this commitment, Tether says it constantly assesses “current transport layers, striving to strike a balance between maintainability, usage, and… Read More