The Tether group has made efforts in moving beyond stablecoins. They brought institutional real estate tokenization in Saudi Arabia using its Hadron platform. This company has entered into a partnership with First Data and fintech company BKN301. Basically to enable the issuance and administration of tokenized real estate assets for
Fintech companies have taken an awestruck look at the world of digital assets. Recently, the CEO of Tether, Paolo Ardoino, announced some remarkable figures about the user base of the firm. Currently, USDT is seeing more than 30 million new wallets getting added every quarter. In the third quarter of
Revolut is set to phase out USDT support for eligible European clients in line with the European Union’s MiCA regulations. Revolut has informed affected users via email that it will gradually stop supporting USDT in the coming months. Users can keep purchasing USDT until July 6, after which Revolut will
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.
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 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
The United States attorney for the Eastern District of North Carolina has announced that nearly 5 million dollars worth of Tether USDT has been seized from a crypto scam. These funds were traced to cryptocurrency addresses associated with the laundering of unclean funds stolen from victims by following a ‘Pig
The market capitalization of stablecoin is around $170 billion as of this month. The only category of coin that is trading in green during the last 7 days. Stablecoins are cryptocurrencies pegged to some fiat value or similar assets, usually, that is USD. The low-risk trading option has price fluctuation
