13 / 16 Relevant items tagged with #USDt
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USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
[May 31, 2023 9:00 AM] The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
[May 30, 2023 1:30 PM] After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining…
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
[May 30, 2023 7:36 AM] Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
UAE’s Clear Rules and Openness to ‘Experimentation’ Key to Attracting Crypto Firms, Says Ben Caselin of Maskex
Crypto Market Alert: Tether Market Cap Fuel Hopes For Major Rally
[May 24, 2023 2:04 PM] Despite lackluster trade volume and price movements in the cryptocurrency market, Tether’s market cap is rising, nearing its all-time high of $82.9 billion. Tether, also known as USDT, is a stablecoin pegged to the U.S. dollar, making its…
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
[May 22, 2023 1:08 PM] Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
Stablecoin survival: Navigating the future amid global de-dollarization
[May 19, 2023 4:41 AM] The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
[May 18, 2023 10:45 AM] U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services…
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
[May 17, 2023 6:00 AM] The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
Tether Holds $3.4 Billion In Gold Reserves, Nears ATH Market Cap 1 Year Post Terra Collapse
[May 14, 2023 12:40 AM] Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, the stablecoin has reclaimed its stable…
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
[May 13, 2023 12:00 PM] Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of…
Tether has $1.5B in Bitcoin reserves: BDO Italia
[May 10, 2023 2:30 PM] The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High
[May 10, 2023 1:00 PM] Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the…
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
[May 10, 2023 10:10 AM] The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance
[May 6, 2023 3:30 PM] A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also…
Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete
[Apr 20, 2023 11:00 AM] The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share. In addition, the top 4 stablecoins’ market capitalization has…
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
[Apr 19, 2023 1:00 AM] It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending…
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
[Apr 17, 2023 12:00 PM] Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins…
Tether market cap eyes record high after regaining 65% stablecoin dominance
[Apr 17, 2023 9:10 AM] The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
[Apr 14, 2023 4:26 PM]
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
[Apr 13, 2023 12:30 PM] The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to…
Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules
[Apr 12, 2023 9:55 AM] The 2021 payment to Deltec International was originally approved by FTX's Ryan Salame.
Tether Gained Access to U.S. Financial System Using Signature Bank: Bloomberg
[Apr 4, 2023 2:11 PM] Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank.
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
[Apr 4, 2023 8:00 AM] On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and…
Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains
[Apr 3, 2023 10:30 AM] On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce…
USDC Market Cap Dips By $10 Billion In 2 Weeks – Here’s Why
[Apr 2, 2023 8:02 AM] USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its…
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
[Mar 30, 2023 5:13 PM] USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
Over $18 Billion USDT Held In Binance, Bull Run Incoming?
[Mar 30, 2023 2:30 AM] Nansen data on March 30 shows that over $18 billion of USDT is held on Binance, the world’s largest cryptocurrency exchange by user count and trading volumes. Binance Holding Over $18 Billion Of USDT At this pace, USDT constitutes the biggest share…