Auto Added by WPeMatico

Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether

On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The…

Continue ReadingBitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether

Bitcoin vs. Today’s Top Crypto Assets: Market Performance in 2024

Current market data indicates that bitcoin has increased by 48% against the U.S. dollar since Jan. 1, 2024. This implies that on that date, one tether (USDT) was exchanged for…

Continue ReadingBitcoin vs. Today’s Top Crypto Assets: Market Performance in 2024

Tether and Uquid Partner for Social Security Payments in the Philippines

The largest stablecoin issuer, Tether, has announced a collaboration with Uquid, a Web3 e-commerce platform. This partnership enables residents of the Philippines to pay their Social Security System (SSS) contributions…

Continue ReadingTether and Uquid Partner for Social Security Payments in the Philippines

Stablecoin Market Remains Steady in June Amidst Crypto Volatility

While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days.…

Continue ReadingStablecoin Market Remains Steady in June Amidst Crypto Volatility

Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand

Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on…

Continue ReadingTether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand

Tron’s Tether Volume Competes With Visa’s Daily Transactions Amid Crypto Slump

According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa’s average daily transaction volume. Additionally, despite a general downturn…

Continue ReadingTron’s Tether Volume Competes With Visa’s Daily Transactions Amid Crypto Slump

Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly

According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights…

Continue ReadingStablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly