USDT and USDC Account for 50% of Transaction Volume Among Crypto Assets: ITB
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The stablecoin market is growing, increasing liquidity and stabilizing the crypto space. This growth can be seen in the two largest stablecoins,…
Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review
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In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI…
Stablecoin Giant Tether Celebrates 10th Anniversary: The Journey So Far
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The leading stablecoin issuing company, Tether, is celebrating its tenth anniversary and a decade of innovation that has contributed to the advancement…
UN Agency Calls for Urgent Action on Crypto-Enabled Crimes in Southeast Asia
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The United Nations Office on Drugs and Crime (UNODC) expressed deep concern about crypto’s role in facilitating illicit activities across Southeast Asia….
Swan Bitcoin Sues Former Executives Over Alleged Theft of BTC Mining Business
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Swan Bitcoin has sued several former employees, accusing them of illegally taking highly prized components of its BTC mining business. Filed on September…
BitGo Introduces USDS Stablecoin, Aiming to Shift Market Dynamics
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Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The…
Tether Ventures into Agriculture with $100M Investment in South America’s Adecoagro
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USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural…
CEO Paolo Ardoino Responds to Celsius's Lawsuit Against Tether, Calls it 'Baseless Shakedown'
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Two years after filing for bankruptcy, Celsius is trying to recover some funds by suing Tether for an alleged wrong liquidation of…
USDT Issuer Tether to Expand Workforce to 200 Employees by Mid-2025
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Stablecoin issuer Tether intends to double its workforce within the next year to strengthen areas such as compliance. By mid-2025, the company…
Tether Rakes in $5.2B in Profit for H1 2024
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The world’s largest stablecoin issuer, Tether, has released its attestation report for the first half of the year, revealing a record $5.2…