Bitcoin Payments App Strike Adds Support for Tether’s USDT
Strike – a Bitcoin payments company and remittance app – announced the integration of the world’s largest stablecoin, Tether’s USDT. The latest move comes on the heels of Strike’s expansion…
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Tether Will Buy Bitcoin: Allocating 15% of Net Realized Operating Profits Regularly in BTC
Tether – the company behind the largest stablecoin by means of total market cap – USDT – will be buying Bitcoin. It joins the rank of other large corporations by…
Tether Generated $1.5B in Profits in Q1, 2023, Holds 2% Bitcoin in Total Reserves
Amid the banking turmoil in the United States, Tether (USDT) emerged as the preferred stablecoin. The resurgence was evident in its latest attestation report, which revealed that the stablecoin issuer…
Telegram Integrates Tether (USDT) Payments on Tron Network
Telegram has added a new feature enabling users to send each other the world’s largest stablecoin, tether (USDT). USDT runs on several blockchains, but for now, Telegram has added support…
Zero USDT, USDC, BUSD, and TUSD Printed in December 2022: Analysis
Stablecoins have continued to play a very critical role in the crypto economy. The ongoing bear market also demonstrated that dollar-pegged coins like USDT and USDC witnessed a parabolic growth…
The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion…
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021,…
Tether Responds to FUD, Promises Zero Secured Loans in 2023
Tether is back again with criticism of the mainstream media, which has once again called out the stablecoin provider for having potentially unreliable reserves. In response to the “recent cycle…
Business as Usual Says CZ, Confirming Over $1 Billion Daily Withdrawals
Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14 billion worth of crypto today (December 13) from the platform. The executive assured they handled the demand…
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly,…
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