Tag: USDT

The ripple effect of FTX on other crypto businesses drained liquidity from the industry and prolonged the crypto winter

Tether (USDT), the most popular stablecoin in the crypto market, has reached a new milestone in its market capitalization. According to data from CoinMarketCap, USDT’s market cap is currently over $83 …

USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra more than a year ago.

Tether stablecoin USDT’s market capitalization has hit a new all-time high of $83.6 billion, surpassing the peak it set in May 2022.

Tether has surpassed its previous all-time high market cap of $83.2 billion — a value it lost during the 2022 cryptocurrency crash. “Today’s numbers demonstrate that people want access to financial …

Tether has surpassed its previous all-time market cap high of $83.2B set in May 2022. Tether’s fortunes are pegged on the performance of its first stablecoin, the USDT.

The market cap of tether—the world’s largest stablecoin—has surpassed its all-time high set in May of last year as rival tokens continued to lose market share. Tether’s market value stood at about $83 …

The market value of stablecoin USDT has soared, token issuer Tether said on Thursday. Tether seems to have benefited from the downfall of stablecoin Binance USD.

In February earlier this year, the New York Department of Financial Services (NYDFS) ordered Paxos to stop any new issuance of BUSD citing violations of security laws.

The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.

Tether, the company behind the world’s largest stablecoin, has decided to launch a Bitcoin mining operation in Uruguay due to its clean energy use.

Bitcoin has lost 1.47% of its value in the last 24 hours and is now trading at $27,370.58. It is up 2.21% from last week. The second most popular token, Ethereum, is down 0.96% from yesterday and is trading at $1,879.58. From last week, it is up 2.91%. They have market capitalizations of $529.75 billion and $225.75 billion, respectively.

IndyCar claims a tether did not fail despite one of Kyle Kirkwood’s wheels flying over the fence in a crash in the Indy 500.

Tether, the issuer of the largest stablecoin in the market, USDT, has announced its entry into the energy sector with a focus on renewable energy production for Bitcoin mining.

The crypto market has become competitive, and the battle for supremacy is not limited to just Bitcoin and Ethereum. A less volatile but equally significant war is being waged in the realm of …

USDT (USDT-USD) stablecoin issuer Tether has invested resources into a sustainable bitcoin (BTC-USD) mining facility in Uruguay in what will be its first foray into the energy space, the company said …

South America has seen increasing attention from overseas crypto investors, specifically bitcoin mining, thanks to a drying up of opportunities in North America. Uruguay’s neighbor Paraguay has …

Stablecoin firm Tether said Tuesday it plans to invest its resources into renewable energy production, marking the company’s first foray into the energy sector.

Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, …

The dominance of stablecoins pegged to the US dollar has changed over the past year, with Tether’s USDT climbing back to all-time high.