1 / 3 Relevant items tagged with #TetherUSDT

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Stablecoin Supply Jumps by $17B Since Beginning of 2025

[Feb 11 11:45 PM] Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase…

Kraken to Delist USDT, Four Other Stablecoins for European Users

[Feb 1 5:30 AM] Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an…

USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

[Jan 29 9:30 PM] Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT…

TRM Labs: Tron Saw Largest Illicit Volume Reduction in 2024

[Jan 17 11:30 AM] TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of…

Tether Estimates Net Profits for 2024 to Exceed $10 Billion

[Dec 23, 2024 8:30 PM] Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year. $10 Billion Net Profit for Tether in 2024 Tether, the largest stablecoin issuer in the world, is expected to end the year…

Tether to Perform $2 Billion USDT Chain Swap to Ethereum

[Nov 7, 2024 4:10 PM] Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a…

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

[Sep 10, 2024 3:40 PM] Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to…