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The “Tether Treasury’s” USDT wallet has rapidly risen up the ranks to become the top holder of the stablecoin, suggesting that some market participants may have managed to successfully withdraw their holdings from circulation. The removal of roughly 28.5 percent of the total number of Tether in circulation has coincided with a significant depletion in … Read more
Tether says it has “redeemed a significant amount” of USDT from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet, leaving just 446 million Go to Source Powered by WPeMatico
Crypto exchange Bitfinex hits back at a media report that accused it of publishing trading volume data from “a market that doesn’t exist” Go to Source Powered by WPeMatico
The global cryptocurrency exchange based out of San Francisco, Coinbase, has announced the firm will now support Circle’s USDC stablecoin on its exchange and brokerage service platforms. Coinbase believes that blockchain-based digital dollars like USDC provide many benefits to the cryptocurrency market ecosystem. Also read: Bitpay Announces Stablecoin Support for Merchant Settlement Coinbase and the USDC … Read more
They may have been fierce competitors in the past, but Coinbase and Circle have now come together to boost Circle’s USDC stablecoin. Known as the CENTRE Consortium, the joint venture between the two industry giants aims to take the lead in the stablecoin market by ‘establishing the standards required and building the technology needed for … Read more
Cryptocurrencies are slightly down on the day, with most major coins seeing losses around or under 1 percent after trading sideways over the last week Go to Source Powered by WPeMatico
Ripple ends the week as the second top-performing cryptocurrency, with Stellar bagging the pole position with 15 percent growth Go to Source Powered by WPeMatico
Crypto markets are mostly green, with Bitcoin holding just below $6,500 and most major coins seeing little change, capped within a 2 percent range Go to Source Powered by WPeMatico
Bitfinex brought back fiat deposits, but users are still reporting delays in processing transactions. Do the rumors of the exchange’s insolvency have something to do with its suspended banking partner relations and the sale of USDT? Go to Source Powered by WPeMatico
Tether’s transparency shortcomings highlighted by investor and crypto bull Michael Novogratz Go to Source Powered by WPeMatico
