Ethereum layer 2s hold $13.5B stablecoin supply
[Dec 20 9:43 AM] Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
1 / 16 Relevant items tagged with #Usdt
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Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day
[Dec 19 5:00 AM] On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new post on X, the…
Tether USDT trading continues across Europe despite Coinbase delisting
[Dec 17 3:11 PM] Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30.
Tether backs European stablecoin firm StablR amid USDT uncertainty
[Dec 17 1:00 PM] Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.
Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading
TRON Targets $5 As Stablecoin Supremacy Drives Market Surge — Analyst
[Dec 16 8:30 PM] The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months. This…
Coinbase prepares to delist Tether’s USDT stablecoin in Europe
[Dec 12 2:13 PM] Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.
Tether’s USDT Hits New High—330 Million Wallets And Counting
[Dec 11 1:30 PM] As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small…
109 Million Wallets Hold USDT: Tether Reports
Stablecoins Break $200B Mark as Ethena’s Yield-Bearing USDE Supply Soars 89%
[Dec 9 4:20 PM] The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena’s USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply…
Bolivian Attorneys Spearhead USDT Index Proposal to Energize a Dollar-Starved Economy
[Dec 6 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 9:45 PM] The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.