Thu, March 28

Tether’s CTO Discusses Impact Post PayPal’s Stablecoin Launch

Paolo Ardoino, CTO of Tether, gave his thoughts on PayPal’s stablecoin launch. In terms of market cap, Tether (USDT) is the biggest stablecoin. Ardoino maintained that the most recent PYUSD maneuver would not threaten their preeminence. According to Ardoino, this is because PayPal’s stablecoin (PYUSD) was introduced in the United

August 8, 2023 1 min read

Tether (USDT) And USD Coin (USDC):  Stablecoin Trends in H1 2023

In a volatile quarter for the cryptocurrency industry, stablecoins have emerged as key indicators for impending market surges, while leading exchange Huobi faces intensified scrutiny. The ongoing tug-of-war between regulatory uncertainty and market optimism has kept investors on their toes. Historically, the movement of stablecoins such as Tether (USDT) and

August 8, 2023 2 mins read

Stablecoin Issuer Tether Introduces Software for Bitcoin Mining Gears

To enable the transmission of orders and signals to Bitcoin mining gears, Tether developers are releasing ground-breaking JavaScript libraries. Tether CTO Paolo Ardoino announced on Twitter that certain components of the mining software would be released as open source in the future. Improved efficiency in managing mining capacity is the

August 6, 2023 2 mins read

Tether’s Q2 2023 Report: Surplus Reserves Reaches $3.3 Billion

According to its most recent financial attestation for the second quarter of 2023, Tether’s treasury reserve assets supporting circulating USDT tokens continue to grow. Tether Holdings said in its Q2 attestation report that its surplus reserves had grown by $850 million, to a total of $3.3 billion, as per the

July 31, 2023 1 min read

Tether Signs MoU With Georgia To Boost Blockchain Adoption

Tether, the firm behind USDT, the biggest stablecoin, and the officials of Georgia have signed a Memorandum of Understanding (MOU). Because of this collaboration, the country will be able to get closer to its goal of being a worldwide hub for blockchain technology, and the company’s reputation as “a pioneering

June 28, 2023 1 min read

Hot Altcoins Heating Up: July 2023’s Top 5 Crypto Gems Revealed

Navigating the volatile realm of cryptocurrencies, Ethereum (ETH) stands out, maintaining its influential role among altcoins. Boasting a substantial market capitalization exceeding $228 billion, Ethereum retains its position as the silver medalist in the crypto race. A stable price of $1,901.09 also signifies this digital currency’s steady acceptance and usage.

June 28, 2023 2 mins read

Wagner Rebellion Triggers Surge in Ruble-Tether Trading Volume Amidst Political Turmoil

The paramilitary group Wagner rebelled against the military leadership in Moscow, resulting in the Russians exchanging their rubles, Russia’s currency, with the dollar-pegged cryptocurrency this weekend. This results in a total volume of trades between rubles, and the stablecoin Tether (USDT) has surged from $4 million on Saturday to $15

June 27, 2023 3 mins read

Tether Integrates with Kava Blockchain, USDT Adoption Widens

Tether, the leading stablecoin issuer, is expanding its reach by issuing its USDT stablecoin on the Kava blockchain. The move aims to enhance liquidity and provide users with more options across multiple blockchains. Kava is a layer-1 blockchain known for its scalability and speed. It offers a unique co-chain design

June 21, 2023 2 mins read

Tether Faces Controversy Over Account Deactivations

Tether, the leading issuer of the stablecoin USDT, has responded to allegations that it deactivated the accounts of major cryptocurrency firms, including MoonPay. The claims were based on documents released by the New York Attorney General (NYAG). It revealed that Tether had terminated approximately 29 accounts. That included BlockFi, CMS

June 17, 2023 2 mins read

Tether Treasury Mints 1B USDT on Tron Network for Future Use

Tether, the leading issuer of stablecoins, has recently completed a significant minting process at Tether Treasury. In an effort to replenish its inventory, Tether has minted a whopping 1 billion USDT (equivalent to $1,005,442,500 USD) tokens on the Tron Network.  💵 💵 💵 💵 💵 💵 💵 💵 💵 💵

June 16, 2023 1 min read