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Search Results for: USDT

USDT Stablecoin Issuer Tether Mints $1 Billion USDT on Tron

Arkham Intelligence, a onchain analytics business, said that Tether minted $1 billion worth of USDT stablecoins on the Tron network without paying any fees for the massive transaction. A transaction from a Tron “black hole address” to Tether’s multisignature wallet starting with the characters “TBPxh” was identified on November 14

November 16, 2024 2 mins read

USDT Issuer Tether Eyes Commodities Traders with US Dollar Lending

In its pursuit of methods to use its substantial earnings, Tether Holdings Ltd., the corporation responsible for the USDT stablecoin, is contemplating financing to commodities traders. The corporation has reportedly approached many commodities businesses about US-dollar lending, according to sources familiar with the situation. A market that has relied on

October 15, 2024 2 mins read

Tether Celebrates 10th Anniversary with Documentary on USDT Stablecoin

On its 10th anniversary, stablecoin issuer Tether announced that a documentary on USDT and its role in combating inflation would be released. Interviews with Tether users who have used the stablecoin to fight inflation were included in the trailer. High inflation rates were shown in the trailer via conversations with

October 6, 2024 2 mins read

TON Blockchain Sees Surge in Active Addresses and USDT Trading Volume

With its active addresses lately surpassing industry-leading blockchains, the Open Network (TON) protocol has continued to achieve amazing growth. In the first week of September, the number of daily active TON addresses soared to 3 million, according to statistics from the industry research portal IntoTheBlock. The research showed that this

September 22, 2024 2 mins read

UK High Court Pioneers In Ruling Tether (USDT) as Property

The UK High Court has officially classified Tether (USDT) as a form of property under English law. This ruling, delivered on September 12, 2024, is the first of its kind in the UK to follow a full trial. The case involved a fraud victim who sought to recover stolen USDT

September 13, 2024 2 mins read