Cryptocurrency exchange Uphold has recently notified its European users of a significant upcoming change: the platform will cease support for six well-known stablecoins starting July 1st. This …
Flipster and TON Announce Exciting New Partnership
This partnership enhances Flipster’s platform’s capabilities by enabling deposits via the USDT TON network, expanding the range of deposit options available to users. To mark this partnership, …
Uphold Exchange to Delist USDT and Five Others by July 1 to Comply with MiCA Regulations
Consequently, Tether (USDT), Pax dollar (USDP), Gemini dollar (GUSD), Frax Protocol (FRAX), Dai (DAI), and TrueUSD (TUSD) will no longer be traded on the exchange. Users holding these stablecoins must …
Could USDT depeg following recent accusations from Consumers’ Research?
Tether recently launched a new synthetic dollar backed by gold. Consumers’ Research launched a campaign against USDT stablecoin issuer Tether on Tuesday, accusing the company of being a threat to consumers and raising questions about it being the next FTX.
Stablecoins expand on new ecosystems, bring top earnings from fees
Check out how stablecoins are growing in new ecosystems; as key to fees, USDT, and USDC lead the expansion into new niches.
Tether’s latest push into gold is a bold and scary decision
The stablecoin giant Tether announced a service that lets users deposit a surplus of its existing gold-backed token, XAUT, in order to “mint” a new type of $1 stablecoin called a USDT. Got that? If …
Tether Unveils ‘Novel’ Alloy, Offering ‘Synthetic’ Dollars Backed By Tokenized Gold
Tether has announced a new product lineup that will allow users to mint “synthetic” dollars backed by tokenized gold, redefining stability in a digital era.
Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA
In March, OKX also delisted Tether in Europe without mentioning MiCA, while Kraken is considering whether to continue supporting USDT in the region.
Uphold to end support for USDT, DAI, FRAX and other stablecoins ahead of MiCA
The affected stablecoins also include Gemini Dollar (GUSD), Pax Dollar (USDP), and TrueUSD (TUSD). Starting July 1, 2024, these assets will no longer be available on Uphold. The exchange has advised customers to convert their stablecoin holdings by June 27, 2024, to avoid automatic conversion to USDC on June 28.
Tether Introduces a “Synthetic” Dollar Backed by $570 Million in Tokenized Gold
Using $570 million in tokenized gold as backing, Tether launches the Alloy platform, enabling the minting of USDT exceeding $110 billion. TakeAway Points: Tether introduced Alloy, a platform that …
USDT Issuer Tether Launches New Gold-Backed USD-Pegged Stablecoin In Latest Tokenization Push
Stablecoin issuing company Tether (CRYPTO: USDT) launched a new platform Monday that will allow the creation of gold-backed stablecoins pegged to the U.S. Dollar. What Happened: The new token minting …
Tether Announces Launch of New Gold-Backed Stablecoin With Overcollateralized Reserves
The crypto firm behind the largest stablecoin by market cap is launching a new digital asset backed by real gold.
Tether Drops Another Dollar-Pegged Stablecoin—But It’s Backed By Gold
Tether aUSDT uses overcollateralized gold reserves to maintain its peg, rather than the usual model of using government debt.
Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said.
Tether Launches Alloy, Digital Asset Tied to Gold
Tether, the issuer of the largest stablecoin in the world, USDT, has announced a new digital asset dubbed Alloy – a digital asset tied to gold. Tether …
ETH, TON, UNI, and XMR could rally if Bitcoin clears $68,000
Even as Bitcoin is trying to find a short-term bottom, Ether ( ETH) is attempting a rebound off its recent drop below $3,400 on June 14. The solid demand at lower levels could be due to the expected …
‘Wall Street Is Greedy’: Tether Co-Founder Predicts Next ETFs After Bitcoin, Ethereum
Don’t expect crypto ETF momentum to slow after the approvals of spot Bitcoin and Ethereum funds in the United States: Wall Street’s “greed” will bring more and more such products, Tether and WAX …
Over 300 Million Users Depend on Tether’s USDT, Says Paolo Ardoino
Tether CEO Paolo Ardoino highlighted the significant role of the USDT stablecoin in promoting financial inclusion and driving demand.
Win Big Rewards Up to $10,000 USDT with Chimpzee NFT Passports – Here’s How You Can Join
Chimpzee, a pioneering crypto project, has unveiled an opportunity for its community members to earn substantial rewards through its innovative… Continue reading Win Big Rewards Up to $10,000 USDT …
EXCLUSIVE: Biden Administration ‘Let The SEC Go Unchecked,’ Tether Co-Founder Says
The Joe Biden administration has let the SEC go unchecked, Tether (CRYPTO: USDT) co-founder William Quigley on Friday said, has he expressed strong concerns about the current regulatory approach to …
Tether to Invest $1 Billion in Emerging Technologies Over the Next Year
Tether, the company behind the largest stablecoin in the cryptocurrency market, is expanding its horizons with plans to invest a substantial portion of its revenue into cutting-edge technologies.