PRESS RELEASE. Singapore – January 2, 2024 – The T3 Financial Crime Unit (T3 FCU), a collaboration between TRON, Tether, and TRM Labs, has frozen more than USDT 100 million in criminal assets globally, passing a significant milestone in its fight against cryptocurrency-related financial crime. Launched in August 2024, T3 FCU has rapidly emerged as […]
The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one […]
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success, with Tether adoption ramping up as an […]
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $ 1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull run following the …
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. […]