Browsing: Tether

Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture…Read More

Tether’s Chief Technology Officer (CTO), Paolo Ardoino, recently expressed his belief that the possibility of a U.S. default is unlikely due to its potentially “catastrophic” consequences for the country’s economy.  In a conversation on The Scoop podcast, Ardoino shared his insights on the current market conditions and discussed the factors that could potentially disrupt the status quo…Read More

Key takeaways USDT’s total market cap is close to its all-time high of $84.1 billion. Tether’s recovery could see the broader crypto market embark on a rally again. Metacade could be one of the biggest winners thanks to the project’s huge potential.  The cryptocurrency market has been in a bearish cycle since 2021…Read More

While the daily volume of Tether’s USDT fell to multi-year lows over the weekend, the market valuation of the stablecoin is currently at an all-time high of $82.9 billion. According to crypto market research firm Kaiko, since stablecoins’ primary use is for trading, the unprecedented surge in USDT’s market cap is “questionable” given that the [……Read More

Tether and the payment app Strike are working in conjunction. With Strike’s addition of Tether to its app, users in a growing number of jurisdictions will be able to use the USDT stablecoin as a method of payment. The post Tether Stablecoin Added to Strike Payment App as Regulators’ Vendetta Grinds On appeared first on BeInCrypto…Read More

Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT. Strike is a payment platform based on the Bitcoin lightning […] The post Strike integrates Tether’s USDT for payments appeared first on CryptoSlate…Read More

The post Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatility appeared first on CryptoSlate…Read More

The U.S. Treasury and its Office of Foreign Assets Control (OFAC) imposed sanctions on various entities with ties to Russia on May 19. Treasury sanctions new crypto address OFAC has sanctioned several entities including Huriya Private FZ LLE, a company based in the United Arab Emirates (UAE…Read More

People don’t just fly kites for fun. At a test site near Munich, engineers recently launched an electricity-generating, box-style kite fitted with small, wind-catching rotors. The contraption, tethered to the ground by a hefty cable, flew repeatedly in a predetermined figure of eight — its rotors spinning in the wind…Read More

Tether has recently released its Q1 2023 attestation report, featuring multiple significant milestones. The company’s attestation reports are crucial to its dual commitment to transparency and stability.  According to the report, the company achieved a record net profit of $1.48 billion in Q1, bringing its reserves surplus to another record high of $2.44 billion…Read More