South Korea’s biggest cryptocurrency exchange platform, Upbit, will add the Gensyn (AI) listing with KRW, BTC, and USDT trading pairs starting June 30 at 16:00 KST. This listing presents the decentralized artificial intelligence program to one of the biggest Asian digital asset exchanges. The listing comes approximately two months after
A major USDT supply squeeze has hit India’s USDT market, sending the price premiums of the stablecoin past its usual trading band. As per a report from The Economic Times, USDT was sold at around 102.88 INR on Saturday, whereas the USD/INR foreign exchange ratio stood at 94.65 on Friday.
Tether revealed its plans to cease support for its derivative gold stablecoin aUSDT after the organization decided to change its product strategy. The organization released the stablecoin in 2024 through Alloy by Tether. Itsa platform created to tokenize digital assets using tokenized collateral. In this case, users were able to
The federal prosecutors of the United States have filed a civil forfeiture action to recoup around 3.44 million USDt associated with a claimed online crypto investment scam that targeted victims across various states. As per the March 10 announcement from the US Attorney’s Office in Boston, the funds were associated
South Korea’s largest cryptocurrency exchange, Upbit, announced new trading support for Internet Computer across several markets. The exchange confirmed that traders will access ICP through Korean won, Bitcoin, and Tether trading pairs on the platform. According to the official notice, Upbit will support deposits and withdrawals through the Internet Computer
Tether has frozen approximately $4.2 billion worth of its USDT stablecoin over links to illicit activity, the company confirmed. The El Salvador-based issuer said it carried out most of these freezes in the past three years as global enforcement efforts intensified. The stablecoin giant, which now has more than $180
Tether has observed another fall in the market capitalization of its major stablecoin, Tether, for the second consecutive month. It is noted that the market capitalization of USDT reduced from above $186 billion in January to close to $183 billion in February. This reduction is one of the most prominent
Stablecoins are many things – non-volatile tokens; hedging instruments; payment solutions – but at their core, they’re a bridge between crypto and fiat. Pegged to fiat currencies (usually the US dollar), they are a reminder that no matter how far blockchain comes, it remains umbilically linked to the traditional financial
Binance has strongly denied the allegations that it has processed over $1 billion in transactions connected to the Iranian entities and also dismissed the staff who raised concerns internally. These claims come from the report by Fortune on February 13, which cited anonymous sources who are familiar with the issue.
Morph, a secure settlement layer for global crypto payments, has amalgamated USDT0, the omnichain Tether liquidity network backed by LayerZero. After this step, Morph gets direct access to unified USDT liquidity over 18+ blockchains. The firm also targets to become the settlement layer for everyday money. For developers making payment
