In the past 12 days, the stablecoin sector has experienced a growth of $ 4.95 billion, reaching a new 2024 high of $ 149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376% increase …
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $ 1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks one of the first times that the U.S. …
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability and accessibility of Tether for millions of people.” Tether Announces USDT’s Launch on […]
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing an independent comms and financial system, and establishing crypto-related educational programs. Tether Signs Memorandum of Understanding With […]
As the cryptocurrency market swells to a valuation of $ 2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $ 100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $ 300K to $ 100 Billion: Tether’s …