Tether shuns blockchain launch, cites market concerns
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms. Go to Source
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Tether Mints $3B USDT In One Week: Where Did It All Go?
Tether (@Tether_to), the issuer of the world’s largest stablecoin, recently minted an impressive $3 billion USDT in just one week. The big question on everyone’s mind is: where did all this USDT flow? According to on-chain data, since August 5, approximately $3.22 billion USDT has been transferred from Tether’s treasury to various cryptocurrency exchanges. Of … Read more
Tether Treasury’s $1 Billion USDT Mint Spurs Bullish Momentum In Crypto Market
Today, the crypto market is experiencing a strong bullish trend, driven by the latest minting activity from Tether Treasury. According to Lookonchain, Tether Treasury minted another 1 billion USDT on the Tron Network earlier today, adding to the ongoing surge in market enthusiasm. Over the past year, Tether has minted a staggering 33 billion USDT, … Read more
Tether to Launch USDT Stablecoin on Aptos Blockchain
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for the development of new use cases such as microtransactions and large-scale … Read more
Tether mints another $1B USDT on the Tron network
Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion. Go to Source
Bank of Ghana Unveils Proposed Virtual Asset Regulations
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service providers (VASPs) will be required to register and meet strict standards, while commercial banks are prohibited from dealing directly with virtual … Read more
Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity
Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining … Read more
Tether expands USDT to Aptos blockchain for lower fees
Tether’s USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees. Go to Source
Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering and terrorism financing. Nigerians Feel Economic Pain The … Read more
Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC. Go to Source