Tether stablecoin – DIGIT INFO

Nonprofit criticizes Tether in multimillion-dollar ad campaign

DIGIT — Thu, 20 Jun 2024 19:23:40 +0000

Consumers’ Protection will bring negative aspects of Tether to consumer attention with billboards and TV ads.

Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

DIGIT — Mon, 28 Nov 2022 15:00:22 +0000

During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from […]

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Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

DIGIT — Fri, 23 Sep 2022 20:30:57 +0000

Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by […]

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Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks

DIGIT — Mon, 12 Sep 2022 19:30:29 +0000

On Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether Connects With the Near Protocol Tether has revealed that tether (USDT) is […]

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Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply

DIGIT — Tue, 08 Feb 2022 21:00:41 +0000

As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80% of the Supply The U.S. dollar-pegged stablecoin has grown exponentially […]

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SEC Denies Freedom of Information Act Request Concerning Tether Documents

DIGIT — Sun, 26 Sep 2021 18:30:03 +0000

On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests and said the responses were “withheld because of […]

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Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion

DIGIT — Fri, 10 Sep 2021 19:30:16 +0000

The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled by 9.99% since then. […]

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Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

DIGIT — Mon, 26 Apr 2021 14:15:09 +0000

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […]

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