🚀 Stay Ahead with AltcoinDaily.co! 🌐 Stablecoin powerhouse Tether has announced a major cross-chain transfer, moving over $2 billion in USDT from various blockchains to the Ethereum network. The transfer, carried out on behalf of a major but undisclosed exchange, involves transferring 1 billion USDT from Tron, 600 million from Avalanche, 300 million from NEAR,…
Paolo Ardoino said that it’s not launching a Tether chain at the moment because “neutrality is very important” Tether’s focus right now is partnering with businesses and communities rather than “trying to centralize everything” Tether had another record-breaking quarter, resulting in $7.7 billion in profit over nine months The CEO of Tether has ended rumors…
Este artículo también está disponible en español. On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net…
Tether (USDT) circulation surged to $120B, marking a 30% increase in 2024. Tether’s Bitcoin and gold holdings increased to $4.8B and $5B, respectively. Tether’s net equity doubled to $14.2B, while it faces ongoing legal challenges. Tether has announced a substantial increase in its Bitcoin and gold reserves, as detailed in its latest Q3 2024 Consolidated…
Banco Bisa, the fourth-largest bank in Bolivia, has launched a USDT custody service. Cutstomers can buy, hold and send USDT from their bank accounts. Banco Bisa, Bolivia’s fourth-largest bank, has introduced a stablecoin service aimed at bolstering security for holders as well as promoting their use in cross-border transfers. The custody service will allow Banco…
In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney’s Office, is said to focus on whether Tether’s stablecoin, USDT,…
Tether in collaboration with the City of Lugano, has unveiled a statue of Satoshi Nakamoto. Bitcoin (BTC) creator Satoshi Nakamoto remains a mystery despite recent HBO documentary. Tether and the City of Lugano have unveiled a life-sized statue of Bitcoin (BTC) creator Satoshi Nakamoto. According to an announcement on Oct. 25, the statue presentation happened…
Scammers impersonated high-ranking officials to get investors to invest their money They claimed they had the rights from India’s Ministry of Power to help the country grow its solar power by 450 gigawatts Delhi Police sought help from crypto exchange Binance to follow crypto financial transactions Crypto exchange Binance and the Delhi Police have successfully…
Tether is building a financial tool for the “people left behind” The stablecoin was created in 2014 by Brock Pierce, Reeve Collins, and Craig Sellers It remains the largest stablecoin with a market cap worth $120 billion To celebrate the 10th anniversary of Tether, the stablecoin is releasing a documentary on USDT and how it’s…
The EU’s MiCA was introduced in June, but won’t take effect until December Coinbase will deliver an update to its EU customers in November on how to switch their stablecoins to EU-compliant ones Circle was the first stablecoin issuer to receive an e-money license under MiCA regulations Crypto exchange Coinbase is to delist stablecoins that…
Tether announced its $1.5 million strategic investment in Sorted Wallet on Sept. 19. Sorted Wallet will tap into this investment to expand its services across Africa and Southeast Asia. Tether is the company behind leading stablecoin USDT. Tether has invested $1.5 million in Sorted Wallet, a crypto wallet platform targeted for crypto adoption across the…
Tether (USDT) market share has risen to 75%, up from 55% in two years. Tether generated $400 million in revenue in the last 30 days. USDT on crypto exchanges hit a record $20.3 billion in August 2024. Tether (USDT), the world’s largest stablecoin, now commands over 75% of the stablecoin market, a rise of 20%…
TRON, Tether, and TRM Labs launch T3 FCU to combat illicit USDT transactions. T3 FCU has frozen $12M in fraudulent USDT and identified 11 suspects. Despite Circle halting USDC minting, TRON minted $19B in USDT this year. TRON, stablecoin issuer Tether, and blockchain forensic firm TRM Labs have announced a groundbreaking partnership aimed at combating…
Police in Singapore arrested three men after a teen reported an attempted robbery involving $24,000. The 19-year old ZK was looking to exchange the cash for USDT when two men attacked him. Strait Times has reported that police have charged 29-year old Benedict Yee Hong Fai with the attack and attempted robbery. Singapore police have…
Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will join USDT, EURT and other Tether-issued stablecoins. Tether plans to add a new stablecoin pegged to the United Arab Emirates’ Dirham to its suite of stablecoins, according to an announcement on Aug. 21. Per details of the planned launch, Tether will…
Tether will soon bring USDT minting to Aptos blockchain. USDT is the world’s largest stablecoin with a market cap of over $116 billion. Integration will boost Aptos’ decentralised finance ecosytem. Tether’s USDT stablecoin will soon be available on the Aptos, the company behind the US dollar-pegged stablecoin announced on Monday. According to Tether, the integration…