Tether (USDT) is a leading stablecoin, pegged to the U.S. dollar at a 1:1 ratio. Using USDT for payments enables consumers to purchase products and services with this stable digital currency. How Does Tether (USDT) Work Relative to the more fluctuating crypto-assets dominating the market, Tether (USDT) stands out as
USDT stablecoin issuer Tether has appointed Paolo Ardoino as its new CEO. Jean-Louis van der Velde, the company’s former CEO, has moved into an advising position to continue his contributions. Ardoino’s growth into emerging fields and investment in Bitcoin have been met with praise from the cryptocurrency community. Paolo Ardoino
In a surprising turn of events on October 2, 2023, prominent whale data collector Whale Alert reported two substantial Tether (USDT) transactions worth $50 million each, originating from renowned crypto exchange Bitfinex and directed towards the “Tether Treasury” address. These transfers took place within a span of just two minutes,
Tether, the stablecoin provider, has revealed that it holds $72.5 billion in US Treasury bonds, surpassing the United Arab Emirates, Mexico, Australia, and Spain. Moreover, Tether became the 22nd largest holder in the world. With this, Tether marks a significant milestone in the crypto market. While @Tether_to reached 72.5B exposure
Tether (USDT) , the widely-used stablecoin, has recently taken strategic steps to enhance its operational landscape. Reports indicate that Tether has entered into a collaboration with Britannia Bank & Trust, a private bank situated in the Bahamas. This venture aims to streamline dollar transfers within Tether. Moreover, sources familiar with
Binance US, the American arm of the world-renowned crypto exchange Binance, has announced a strategic partnership with payment startup MoonPay in an attempt to reestablish a seamless flow of USD transactions into the crypto market. The move comes as Binance US grapples with a series of legal and financial obstacles
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
OFX Exchange presents a sophisticated platform catering to individuals aspiring to optimize their earnings and attain sustainable financial growth within the cryptocurrency market. By offering tailored VIP quantifying plans to suit varying trading expertise and investment capacities, the platform fosters accessibility for traders at different levels of experience and resources.
Hacks and phishing attacks of different kinds invaded the crypto landscape in the first week of July. As a result, two major stablecoins breached their stable grounds, recording extreme lows on Binance US. On July 9, around 00:00 UTC, the largest stablecoin, Tether (USDT), depegged from its $1 parity and
As part of a new military assistance package worth up to $800 million for the war effort against Russia, the Biden administration has agreed to supply cluster bombs to Ukraine, and it is likely that the Pentagon will ship thousands of them on Friday, as per anonymous sources. Bradley and
