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Binance is seeing a rising dominance of USDC as regulatory changes reshape the stablecoin market. A year ago, USDC accounted for just 0.48% of Binance’s stablecoin distribution, dwarfed by USDT’s…
Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against…
Tether has appointed Simon McWilliams as its new Chief Financial Officer (CFO) to lead its efforts toward a full financial audit, reinforcing its commitment to transparency. The move comes as…
Leading cryptocurrency exchange Binance has revealed plans to delist nine stablecoins for users in the European Economic Area (EEA) on March 31 as regulatory pressure intensifies. The company noted that…
Tether CEO Paolo Ardoino explained that the concept involves the installation of solar-powered kiosks in Africa to recharge batteries, with payments made through a monthly subscription in bitcoin, USDT, or…
Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis…
The Tron network’s stablecoin market is witnessing a clear leader. USDT has established itself as the primary asset for value transfers and trading. In fact, CryptoQuant’s latest analysis revealed the…
Ardoino remarked that he envisions a financial reset that would bring fiat currencies to their knees, rendering USDT useless. In this dire situation, bitcoin will become the only alternative to…
Bybit suffered a significant security breach last Friday, losing 401K ETH – worth around $1.4 billion – in one of the largest crypto heists in history. The attack has been…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how Tether is expanding both its…