Browsing Tag
Tether
420 posts
Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in…
Tether used Signature Bank to access the US financial system
According to Bloomberg, Tether, the world’s largest stablecoin issuer, utilized Signature Bank to transfer funds from the United…
Stablecoin supply on cryptocurrency exchanges down 50% in 4 months
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b…
Tether set to post $700m in profits for Q1 2023
Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a…
Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains
The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform…
Telegram integrates USDT wallet support
According to recent reports, Telegram will be integrating USDT support for its bot wallet. This comes after the…
Tether transfers 166m USDT from reserves to Binance
On March 21, tether minted $1 billion worth of USDT on the Tron Network. After the publication of…
Almost $20b in cryptos hit exchanges last week
According to data provided by Glassnode, roughly $19.5 billion of BTC, ETH and USDT was brought to the…
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk…