Tag: USDT

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Stablecoin’s Global Market Cap Crosses $300B, USDT And USDC Emerges As Leaders

The total market of stablecoins exceeds more than $300 billion, according to data from DeFiLlama. Tether is the lead with $176.25 billion and 58.44%...

Stablecoin USDT Issuer Tether In Talks To Raise Up To $20B For 3% Stake, Valuation Near $500B, CEO Confirms

Tether, the firm behind the USDT stablecoin, is considering a major private fundraising effort, CEO Paolo Ardoino said. The company, based in El Salvador,...

Stablecoin Adoption Surges In Bolivia As Toyota, Yamaha & BYD Embrace Tether Payments

Bolivia is experiencing a significant rise in cryptocurrency adoption as three major international automobile manufacturers, Toyota, Yamaha, and BYD, have started accepting Tether (USDT)...

Tether Eyes Gold-Mining Investments, In Talks Over Refining, Trading And Royalties

Tether, the issuer of USDT, has opened talks about putting money into gold mining and the wider gold supply chain, the Financial Times reported...

Tether Appoints Former Trump Crypto Adviser Bo Hines To Lead U.S. Operations

Tether, the world’s largest stablecoin issuer, has appointed former White House crypto adviser Hines to run its U.S. operations. Hines left the Trump administration...

South Korea Introduces Stablecoin-Powered ATMs Allowing Travelers to Withdraw USDT as Cash Seamlessly

South Korea unveiled a new crypto innovation targeting foreign tourists, stablecoin-powered ATMs allowing customers to withdraw cash easily using USDT. The ATMs form part of...

Tether Emerges as a Top Crypto Stakeholder in Juventus with 10.7% Ownership and Seeks Club’s Board Seat

In a groundbreaking development within both the cryptocurrency and European football sectors. Tether has become the second-largest shareholder of Juventus Football Club, acquiring a significant...

South Korean Court Sentences Two Individuals for Operating USDT-Based Crypto Laundering Scheme

A South Korean court has sentenced two Vietnamese nationals to two years in prison each for their involvement in a crypto-based money laundering operation...

Scam Alert: 129M USDT Stolen in Phishing Scam After User Sends Crypto to Wrong Address

In a surprising turn of events, a crypto user faced a phishing scam which resulted in the person losing out on 129 million USDT....

Ukrainian Man Asked To Transfer $500K USDT At Knife Point In Thailand Just Before Devcon

In an alarming case underscoring the rise of cryptocurrency-based ransom crimes, a 23-year-old Ukrainian man, Viacheslav Leibov, reported to Thai police that he was...

Kucoin & BNB Chain Offer Zero Gas Fee $USDT Withdrawals For the Coming Month

BNB Chain and KuCoin have decided to offer KuCoin users with Zero Fee Promotion for USDT-BEP20 withdrawals in the BNB Chain. The offer comes...

Bolivia’s Bisa Bank Launches USDT Stablecoin Trading, Daily Limit Set at 10,000 USDT

In a groundbreaking development for Bolivia's financial sector, Bisa Bank, the country's fourth-largest banking institution, has become the first bank to introduce comprehensive stablecoin...