The 7-day moving average of the change in Tether’s USDT held by exchanges reached $568 million — its highest level in a year.
Tether to freeze accounts following reports of Venezuelan oil company using USDT to evade sanctions
Venezuela could face significant obstacles in its efforts to use cryptocurrency to get around the sanctions on the country’s oil and fuel exports recently resumed by the United States. This comes as …
Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
Ripple Switches US On-Demand Liquidity (ODL) Clients from XRP to USDT Following Last Year’s Court Order
Ripple has allegedly moved all US ODL customers from using XRP as the bridge currency, to USDT, in compliance with a 2023 court ruling.
Tether Will Freeze Addresses Amid Reports of Venezuelan Oil Company Using USDT to Evade Sanctions
In response to a recent Reuters report revealing that Venezuela’s state-run oil company, PDVSA, has been utilizing cryptocurrencies to get around its oil and fuel exports sanctions.
Tether Will Freeze Wallets Evading Venezuelan Sanctions
A tether spokesperson said that it will freeze addresses linked to evading sanctions.Reuters reported earlier this week that Venezuelan oil …
Crypto Whales Bet 300K USDT On A Crazy Hand Of Poker At CoinPoker
Celebrity poker player Antanas ‘Tony G’ Guoga won a pot worth just over $300,000 this weekend on the CoinPoker website, beating an anonymous whale in a high-stakes 1000/2000 game.
Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions
USDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after Venezuela’s state-run oil company said it increasingly used USDT.
Tether moves against Venezuelan government’s plans to leverage USDT for oil transactions
USDT issuer Tether said on Tuesday that it will freeze all wallet addresses linked to the Venezuelan government’s oil sales bypass. The company made this statement after it learned about Venezuela’s …
Tether Takes Action: Freezing Assets Amid Venezuela’s Crypto Strategy for Oil Exports
In response to reports that Venezuela’s state-run oil company, PDVSA, has adopted cryptocurrencies like USDT to manage oil and fuel exports, Tether has announced stringent measures. The company, which …
USDT move by Venezuela’s PDVSA triggers freezing threats from Tether
Venezuela’s state-run oil company, PDVSA, has been hit with a harsh response from Tether, the issuer of the USDT stablecoin.
Telegram introduces free USDt transfers, passcode security, and direct NFT transfers
Telegram just upped the game for nearly 900 million users by integrating the ability to send USDt, a stablecoin managed by Tether, directly on their platform via The Open Network (TON). This big move …
Tether’s Issuance on TON Blockchain Reaches $60M, Marking a ‘Great Start,’ Says CEO
Since its introduction to The Open Network (TON) on April 19, Tether (USDT) has experienced significant growth, with $60 million worth of the stablecoin now issued, making TON the 11th-largest …
IvoryPay, Tether to Drive Crypto Transfers Across Africa
Kindly share this postIvorypay, a blockchain-based payment and remittance firm, has teamed with Tether, the stablecoin pioneer, to improve crypto-based transactions across Africa. Tether is the business that developed the stablecoin,
300,000 Tether (USDT) Pot Played At Crypto Poker Site ‘CoinPoker’ – Tony G Vs Whale
Cryptocurrency poker website ‘CoinPoker’ hosted high stakes action this weekend, with celebrity player Tony G and a whale in the… Continue reading 300,000 Tether (USDT) Pot Played At Crypto Poker Site ‘CoinPoker’ – Tony G Vs Whale The post 300,
$60 Million Tether (USDT) Already Issued on TON within Three Days after Launch
Last week at Token2049, Tether unveiled its partnership with the TON Foundation, enabling Tether to mint USDT on the TON blockchain.
$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
Tether has already issued $60 million worth of USDT on TON since integrating with the blockchain on April 19th.
Telegram Wallet Ends USDT TX Fees On TON
The Telegram Wallet bot, which operates custodially on Telegram, has revealed a series of updates. These updates allow users to send USDT …
Tether’s USDT stablecoin goes live on TON blockchain
At the time of writing, the Tron network is the default blockchain available for USDT on Wallet, enabling TRC-20 USDT. According to Halil Mirakhmed, chief operating officer of Wallet, TON-based USDT …
Tether Seeks to Boost Peer-to-Peer Payments on Telegram by Expanding Dollar, Gold Stablecoins to TON Network
Tether, the company behind the $108 billion market cap USDT, said it is expanding the dollar-pegged stablecoin and its gold-backed XAUT sibling natively on The Open Network (TON), a blockchain adjacent to messaging app Telegram.
Tether’s Expansion: New Departments Signal Focus on AI, Finance, Mining, and Education
Tether is forming a new framework that signals a focus on AI, finance, mining, and education with an interest in becoming a financial space..