USDT

15 Jun 23

Stablecoins are shaky as USDT shows signs of depeg

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the crypto market’s volatility continues, the total stablecoin market capitalization declined by 0.25% over the past 24 hours, with an average price change of 0.71%. The downward movement comes after the largest stablecoin by market cap, USDT, shows signs of […]

12 Jun 23

Tether CTO says $1b USDT minted on Ethereum reserved for chain swapping

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether recently minted another $1 billion worth of its Tether USDT stablecoin on the Ethereum blockchain, which is another big issuance within two months since its last minting on April 21. In a June 12 Tweet, Paul Ardoino took to Twitter […]

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21 Apr 23

Tether treasury mints 1b USDT on Ethereum network

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A massive amount of Tether (USDT), the most popular stablecoin in the crypto market, has been minted at Tether treasury. According to a tweet by @whale_alert, a service that tracks large cryptocurrency transactions, one billion USDT were minted on the Ethereum […]

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10 Apr 23

USDT market cap surges, while USDC and BUSD record massive declines

Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having recently hit an 11-month-high market cap. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) have each observed record declines in their respective market capitalizations. USDT market cap chart on April 10 | Source: CoinMarketCap Notably, USDT’s market […]

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22 Mar 23

Telegram integrates USDT wallet support

Telegram’s wallet bot has introduced USDT support, which expands the facility that can be used inside the chat service for buying and selling cryptocurrencies. Telegram’s wallet bot now supports the purchasing and selling of USDT, enhancing the capabilities of the messaging app’s facility for dealing in cryptocurrencies. Users of the Telegram messaging service can now […]

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22 Mar 23

Sushi seeks to establish $3m USDT legal defense fund

Sushi is seeking to create a legal defense fund that would cover legal fees for core contributors. The proposal comes after the decentralized finance project and its head chef were subpoenaed by the U.S. securities and exchange commission (SEC). Sushi and head chef receive SEC subpoena Sushi’s head chef Jared Grey made a proposal to […]