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Bolivian Attorneys Spearhead USDT Index Proposal to Energize a Dollar-Starved Economy

[Dec 6, 2024 10:30 AM] Bolivian attorneys Iver von Borries and Javier Romero Mendizabal proposed introducing Tether’s USDT, the largest stablecoin in the cryptocurrency market, as an index asset for commercial and civil contracts. The submission aims to link…

Crypto payment firm Dtcpay shifts to stablecoin-only payments model

[Dec 3, 2024 11:53 AM] By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.

XRP returns to 3rd-largest crypto after 4-year battle with SEC

[Dec 2, 2024 9:49 AM] XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”

Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?

[Nov 30, 2024 1:30 PM] The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push…

Non-USD stablecoins can spur adoption: Report

[Nov 27, 2024 5:40 PM] Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report. 

Stablecoin trading volume surges to $1.8T in November

[Nov 27, 2024 5:00 PM] Stablecoin trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. 

Tether discontinues support for euro-pegged stablecoin EUR₮

[Nov 27, 2024 3:51 PM] Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Ethereum reclaims USDT dominance against Tron after 2 years

[Nov 26, 2024 12:10 AM] Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since. 

Tether mints an additional $3 billion in USDt stablecoins

[Nov 24, 2024 8:20 PM] According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024.

Solana Records New ATH After 3 Years: Is SOL Ready To Flip USDT?

[Nov 23, 2024 8:00 AM] Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto…

PayPal taps Xoom for cross-border stablecoin payments

[Nov 19, 2024 7:19 PM] The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.

Bitfinex Securities debuts tokenized US T-bills under El Salvador laws

[Nov 19, 2024 2:03 PM] Bitfinex Securities’ initial offering targets to raise a minimum of $30 million to proceed with the issuance of the token that will be traded under the ticker USTBL.

Tether mints $1 billion USDt on Tron, pays zero fees — Arkham

[Nov 15, 2024 9:45 PM] According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.

Tether introduces ‘Hadron’ real-world asset tokenization platform

[Nov 14, 2024 7:15 PM] The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.

Crypto Kidnapping: Tourist Held Captive, Forced to Transfer $250K in USDT

[Nov 13, 2024 7:30 AM] A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with violence until he complied with the…

US bids to seize Bankman-Fried’s crypto allegedly used in China bribes

[Nov 13, 2024 5:00 AM] Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried.

Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

[Nov 12, 2024 7:16 PM] Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

Tether launches open-source wallet development kit for humans and AI

[Nov 12, 2024 5:24 AM] The WDK will enable developers to integrate non-custodial wallets for USDT and Bitcoin into any app, website or device.

Canadian police praise Tether for 'swift' recovery of stolen funds

[Nov 8, 2024 9:45 PM] The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000

[Nov 8, 2024 10:30 AM] A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer…

Tether swaps more than 2 billion USDT to the Ethereum network

[Nov 6, 2024 9:48 PM] The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality. 

Six Months, $1 Billion: TON Network’s Explosive USDT Adoption Milestone

[Nov 5, 2024 10:00 AM] The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat that saw a massive increase in the…

Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT

[Nov 2, 2024 6:30 AM] Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one…

Inside Tether’s $14.2B Equity Peak—Key Takeaways From the Q3 Attestation

[Nov 1, 2024 1:30 PM] Tether’s third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether’s Q3 Performance Ranks Among Top U.S. Treasury Holders In its latest…

Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B

[Oct 31, 2024 8:20 PM] Tether’s consolidated profit in 2024 has reached $7.7 billion, with $14.2 billion in equity and total assets of $134.4 billion. 

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

[Oct 31, 2024 8:08 PM] The company's flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization.

Tether’s $1 Billion USDT Mint On Tron: What’s Fueling The Demand Surge?

[Oct 31, 2024 9:00 AM] It’s been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the last year. According to blockchain data, the additional…

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

[Oct 30, 2024 8:42 PM] The U.S. Treasury Department's panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the…

Stablecoins boosting demand for US T-bills: Treasury Dept

[Oct 30, 2024 8:04 PM] The United States Treasury Department is taking an interest in stablecoins and tokenization.

Bitcoin traders take a breather as BTC price metrics hint new highs are incoming

[Oct 30, 2024 7:40 PM] Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs