Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023.
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USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023.
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.
Binance.US users “may convert” their USD funds to stablecoins or other digital assets in order to withdraw USD funds from their accounts, the firm said.
The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance.
TrueCoin’s internal systems were not impacted or accessed, as the company confirmed that the attack was an isolated incident and limited to a third-party vendor.
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and Ukraine.
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said.
Digital currency and electronic payments business DeCurret Holdings intends to launch the coin in July 2024.
Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will…
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.