Tether Treasury Mints Another 2 Billion USDT on Ethereum Network
TL;DR Tether’s Treasury minted an additional 2 billion USDT on the Ethereum network to replenish inventory and boost liquidity, confirmed by CEO Paolo Ardoino. The...
Tag : usdt
Stablecoin Market Cap Hits Record $168 Billion
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Tether Hires Philip Gradwell as Chief Economist
TL;DR Tether has appointed Philip Gradwell as its new Chief Economist. Bringing with him six years of experience as Chief Economist at Chainalysis and deep...
Circle’s USDC Surpasses Tether’s USDT: A Shift in Stablecoin Preference
TL;DR Circle’s USDC Surpasses USDT: In April 2024, Circle’s USDC saw 166.6 million transactions, surpassing Tether’s USDT’s 163.6 million transactions. Over the past week, USDC...
Massive USDT Issuance by Tether Sparks Speculation on Bitcoin Price
TL;DR Tether issued over a billion dollars in USDT, fueling speculation about movements in the crypto market. Tether CEO Paolo Ardoino explained that the new...
Tether Unveils Official Recovery Tool Amidst Market Cap Milestone
TL;DR Tether, the issuer of the world’s largest stablecoin USDT, has launched an official recovery tool to help users transfer their USDT holdings from unresponsive blockchains,...
Tether: Record 71% Dominance and Regulatory Challenges
Tether, the issuer of the USDT stablecoin, has consolidated its dominance in the cryptocurrency market by reaching an impressive 71% share in 2023, raising its...
Tether issues 1 billion USDT to control and replenish inventory
Tether Treasury recently generated an additional 1 billion USDT tokens on the Ethereum network, as reported by a blockchain monitoring and analytics platform. This event...
USDT Manages to Reach $90 Billion Market Capitalization, Its All-Time High
Tether (USDT) has emerged as a beacon of stability and confidence, defying regulatory adversities and reaching a historic milestone by surpassing a market capitalization of...
Binance Had Sent $3.9 Billion From a Cold Wallet Days Before the Agreement
The recent guilty plea and agreement by Binance, along with its former CEO Changpeng Zhao, shed light on a transaction involving a significant amount of...