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Stable Secures $28M to Bring a Native USDT Blockchain to Life

[Aug 1 10:30 AM] The seed funding round, led by Bitfinex and Hack VC, will allow Stable to build the financial rails to facilitate the real-world usage of USDT, aiming to address the associated issues with its operation on other blockchains that are not designed…

Tether’s USDT0 Deploys on Bitcoin Sidechain Rootstock

[Jul 15 7:10 PM] Tether’s USDT0 stablecoin is now operational on the Rootstock Bitcoin sidechain. Rootstock Integrates Tether’s Omnichain USDT0 The integration makes the omnichain version of USDT accessible natively on Rootstock through Layerzero’s OFT standard…

USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days

[Jul 12 2:05 PM] The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tether’s USDT continues to lead the pack, now flaunting a market cap of $160 billion, according to data from defillama.com. With…

Silent Climb: Stablecoin Market Inches Toward $260B Breakout

[Jul 5 1:30 PM] Although bitcoin has seen its fair share of price swings this week, the stablecoin market has quietly ballooned by $2.114 billion—edging ever closer to the $260 billion milestone. USDT Leads the Charge as Stablecoins Creep Toward $260B Summit Over…

Tether Signs MoU to Advance Financial Inclusion in East Africa

[Jul 2 4:30 AM] Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a…

Is Tether Antifragile? CEO Paolo Ardoino Thinks So

[Jun 27 7:30 AM] The $157 billion stablecoin behemoth has not only survived but also thrived for more than eleven years in an industry fraught with controversy. Paolo Ardoino’s Case for Tether as the Ultimate Antifragile Asset Paolo Ardoino CEO of stablecoin issuer…

Stablecoins Shatter $250B Barrier in Historic Crypto Milestone

[Jun 9 1:30 PM] The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling ecosystem of fiat-pegged digital tokens…

Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia

[Jun 8 8:35 PM] Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by…

Tether Fuels $2.5B Stablecoin Growth This Week

[Jun 7 6:30 PM] The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space. Stablecoin Market Swells by…

First USDT Stablechain Unveiled: Stable Comes out of Stealth

[Jun 6 10:30 AM] Stable has revealed it is working on a blockchain where USDT, Tether’s signature stablecoin, is the native option for paying transaction fees. In addition, peer-to-peer transactions will be free to incentivize onchain exchanges for users in…