News
The discontinuance of USDt on these blockchains has been in the works for years, as Tether looks to pivot its strategy to other protocols.
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Tether News
What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.
Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.
- Explained
Looking for love lost $36.9 million to crypto scammers: A story of how Axis Digital turned sweet words into stolen coins and laundered it all to Cambodia.
- Report
TRON’s strong position in the stablecoin market continues with steady user growth, transaction volume and ecosystem expansion.
24833 - News
Agora, founded by Nick van Eck, aims to boost adoption of its white-label stablecoin platform with $50 million from Paradigm and Dragonfly.
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USDC transactions on BitPay accounted for almost double that of USDT in 2024, but the trend has shifted in favor of Tether this year.
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Federal prosecutors traced and seized $40,000 in crypto from scammers posing as Trump-Vance Inaugural Committee officials.
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Bitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet.
8388 - Explained
With rising rates and over $100 billion in reserves, Tether turned monetary policy into profit, and it’s not alone.
- News
A US judge has allowed Celsius’s lawsuit over Tether’s $4 billion Bitcoin liquidation to move forward, rejecting key parts of Tether’s dismissal bid.
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Stablecoins are now the “default settlement layer for the internet,” surpassing Visa and Mastercard in onchain transaction volume.
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Countries that ban crypto payments often have no restrictions on using crypto abroad, but such legal overlaps may attract scrutiny from global regulators like the FATF.
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The EU’s joint stablecoin issuance with third countries has risks, but they are manageable under the MiCA framework, the European Commission said.
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With a $151 million market cap, A7A5 has reportedly been involved in $9.3 billion of transactions with Grinex, the supposed successor to the sanctioned Garantex exchange.
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Coinbase says it helped the US Secret Service seize $225 million in crypto allegedly stolen by scammers, the largest crypto seizure in the agency’s history.
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The stablecoin giant froze over $12.3 million worth of funds, pointing to potential illicit activity or AML violations.
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