Tether’s $1.3 Billion Supply Reduction Sparks Concerns Over Bitcoin Liquidity
TL;DR Tether (USDT) has seen a significant reduction in its circulating supply, dropping by over $1.3 billion within ten days, raising concerns about its impact...
Tag : USDT
Binance Introduces SLERFUSDT and SCRTUSDT Perpetual Contracts with Up to 75x Leverage
TL;DR Binance launches SLERFUSDT and SCRTUSDT perpetual contracts with up to 75x leverage, available starting November 21, 2024. The USDⓈ-margined contracts include funding rates of...
Tether Executes $2 Billion Chain Swap to Ethereum
by jose
TL;DR Tether announced a $2 billion cross-chain swap to Ethereum on November 6, 2024, to enhance liquidity and asset management. The swap involves transferring USDT...
The Impact of Tether’s Recent Minting Activities
by jose
TL;DR Tether’s $1 Billion USDT Minting: Tether recently minted an additional $1 billion in USDT amidst a downturn in the cryptocurrency market, raising doubts about the...
Tether in the Center of the Storm: Becomes the Currency of Choice for Money Laundering, UN Warns
by Fernando
Tether (USDT) has become an increasingly preferred tool for money launderers and fraudsters in Southeast Asia, a report from the United Nations Office on Drugs...
USDT At Its All-Time High Market Capitalization
Tether USD (USDT) is the leading stablecoin in the cryptocurrency market and serves as the primary gateway from fiat to cryptocurrencies. Its high liquidity and...
Tether Takes Action Against $20M USDT Zero Transfer Scam
by jose
In 2023, the crypto ecosystem has seen a rise in zero transfer scams, with over $40 million already lost to these phishing attacks. On August...
How USDT’s Growing Supply Could Boost Metacade and Other Cryptos
by jose
Tether (USDT) is a stablecoin that is backed by the US dollar and aims to provide a stable and convenient alternative to volatile cryptocurrencies. USDT...
Tether Records $700M Profit in Q4 2022 Amidst Controversies
With all of the controversies surrounding Tether’s balance sheet and the bearish outlook in the crypto market in 2022, the stablecoin issuer still recorded a...
