2 / 15 Relevant items tagged with #USDt

Posts

Paxos debuts new stablecoin payment platform with Stripe

[Oct 15 1:05 PM] Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said.

Tether mulls lending to commodity traders: Report

[Oct 14 5:57 PM] The USDt issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit.

High-Return Crypto Scheme Hit With Cease-and-Desist in Texas

[Oct 11 11:20 AM] Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset…

USDT Faces Downward Pressure as Investors Pivot to Stocks in China

[Oct 10 8:30 PM] USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the…

Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?

[Oct 10 12:33 PM] The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.

P2P Exchange El Dorado Debuts Gasless Tron-Based USDT Transactions in Latin America

[Oct 10 10:30 AM] El Dorado, a Latam-focused peer-to-peer (P2P) exchange, has partnered with Tron DAO to offer gasless TRC20-USDT transactions for its customers. Until October 30, each user will be able to perform a limited number of withdrawals with no costs…

Argentina overtakes Brazil in crypto inflows — Chainalysis

[Oct 10 9:16 AM] Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%.

Trump crypto project proposes Aave link in governance proposal

[Oct 10 6:17 AM] The Donald Trump-backed crypto platform, World Liberty Financial, wants to run as an instance on the DeFi protocol Aave.

Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

[Oct 8 5:44 PM] Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the…

Tether user base hits 350M in 2024 following 24% surge

[Oct 7 6:49 PM] The news comes amid the company’s 10-year anniversary celebration.

Coinbase to Delist USDT in Europe Amid New EU Regulations

[Oct 6 10:30 AM] Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s…

US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio

[Oct 5 2:30 AM] The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial…

Tether is ‘best friend’ of US, says CEO Paolo Ardoino

[Oct 4 2:44 PM] While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.

Coinbase to delist noncompliant stablecoins under EU MiCA rules

[Oct 4 1:11 PM] Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.

Gemini’s exit from Canada: What’s driving crypto exchanges out?

[Oct 1 1:15 PM] Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins.

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

[Sep 30 4:30 AM] Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions…

3 signs that Bitcoin price is not ready to make a new all-time high

[Sep 29 10:33 PM] China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.

Fed’s dovish move will slash $625M in interest income for stablecoins

[Sep 27 8:54 PM] CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.

Hamster Kombat token price plunges on exchange debut

[Sep 26 1:29 PM] Amid Hamster Kombat officially listing on exchanges such as Binance and HashKey, the HMSTR token has been plummeting.

Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

[Sep 26 5:30 AM] Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed…

USDC issuer Circle launches onchain compliance platform 

[Sep 24 5:54 PM] It's an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.

Tether (USDT) Surges With Massive Inflows, Closing In On Historic $120 Billion Market Cap Milestone

[Sep 22 12:00 PM] Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of…

Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel Rewards

[Sep 22 3:30 AM] Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to…

Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?

[Sep 21 7:00 AM] Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400…

Tether’s transparency and business structure raises $118B FTX-like concerns

[Sep 20 7:30 AM] Tether’s market share has surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influence over the crypto industry.

Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin

[Sep 18 10:56 AM] BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters.

BNB Chain introduces gasless stablecoin payments initiative

[Sep 18 10:00 AM] BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

[Sep 18 10:00 AM] BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges…

Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why

[Sep 17 7:45 PM] Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.

USDT on TON chain surpasses $1 billion: Token Terminal

[Sep 17 7:13 PM] Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC).