Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume in 2024 based on Visa crypto payments data.
Senators Question Biden Administration on Russia’s Use of Tether to Evade Sanctions
U.S. Senators have asked the Biden administration what new powers it needs to address threats posed by Russia and other adversaries using the cryptocurrency tether. Sen. Elizabeth Warren (D. Mass) and …
Why USDT dominates 70% of the stablecoin market
The stablecoin market capitalization was trending upward once again One metric hinted at negative sentiment and selling pressure in the market Stablecoins are integral to the crypto ecosystem.
New tether system provides Vesper unlimited flight time
Responding to the market demand for tethered systems compatible with blue UAS drones, Volarious has launched the V-Line Pro, initially featuring a 25-meter (82 feet) tethered line and a new backpackable DC-power tether station. This system enables …
U.S. Stablecoin Bill Would Rein In Tether, Boost Coinbase And Circle, Outlaw Algorithmics
Bitcoin’s fierce rise has inspired a search for how to invest in it beyond just buying the ETF and holding it. Buyer beware.
Why USDT Dominates Supply With Lower Transaction Volume
Visa launched a stablecoin dashboard that shows the outstanding supply of fiat-backed tokens at an all-time high, with Tether’s USDT dominating. While USDT dominates supply, when it comes to …
Alchemy Pay to Support of Tether’s Stablecoin USDT on TON Network
Alchemy Pay integrated the newly-launched USDT on TON stablecoin by Tether onto its payment ramp, expanding accessibility and enhancing UX.
USDT’s exchange balance hits highest level in a year and keeps rising
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,