Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
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Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also…
Could Uphold's Tether Delisting Signal Trouble for USDT in Europe?
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A popular New York-based crypto exchange, Uphold, announced the delisting of six stablecoins in response to the upcoming MiCA regulation in the…
Tether on TRON Network Surpasses Visa's Average Daily Volume Hitting $53B
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The 24-hour trading volume of Tether (USDT) reached $53 billion on the TRON network, surpassing payment giant Visa’s average daily trading volume…
Tether's 'Genius Idea:' Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
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On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed digital asset. In a…
Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin’s price surged to $70,000 briefly this week but faltered soon after failing to sustain the momentum and took a sharp turn….
Here’s a Timeline of Tether’s Latest Investments
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The largest stablecoin issuing company, Tether, has recently made a lot of investments in emerging crypto and artificial intelligence firms. These investments…
Tether Dominates Polygon's Stablecoin Market with $792M Cap, Growing 29% QoQ
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Polygon has witnessed a remarkable surge in its stablecoin market capitalization this quarter. According to the latest report from Messari, the Ethereum Layer…
PayPal's PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees
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Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users…
Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
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The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up…