Chile has played successfully in maintaining a stable economy in the last few decades. But back in may 2020 the economy contracted by 5.8%, the sharpest decline since 1982. The slump in the economic g...
Tag: USDT
USDT & USDC Stablecoins Will Play A Crucial Role In Future Hard Forks
While the cryptocurrencies are gaining mainstream attention, so does centralized stablecoins like Tether (USDT) and USD Coin (USDC). Now, Vitalik Buterin, Ethereum co-founder, claims that these centra...
USDT and USDC accumulation surge can point towards a…
The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic decrease since May 2022. In the July edition of its Global Cryptocurrencies and Digital Assets report, the Bank of Ameri...
Crypto Market May Pump as Tether Keeps Minting USDt by Billions
Gamza Khanzadaev Tether mints additional billion USDt, while Bitcoin (BTC) stuck at important crossroads As was reported by WhaleAlert, the issuer of one of the most in-demand stablecoins, Tether, has...
Tether’s USDT Circulating Supply Sees Uptick After 3 Consecutive Months of Declines
After three months of continuous slumps, Tether’s USDT supply is starting to rise again. This trend could be indicative of a potential market recovery. The market cap of the world’s largest stablecoin...
Tether Theory Behind The Short-Sell Of USDT
The USDT issuer said hedge funds that sorted its stablecoin after Terra’s collapse in May are “incredibly misinformed” or “flat out wrong.” This information is sourced from a blog post shared by Tethe...
Tether: shorting USDT was flat-out wrong
In theory, it would make no sense to short USDT, since its value should always remain around $1, but some hedge funds did. They evidently believed that the contagion triggered by the collapse of LUNA...
Tether says firms shorting USDT are misinformed and wrong
Tether is the issuer of the world’s largest stablecoin, USDT. The company has now said that the hedge funds that tried to short USDT following the Terra debacle in May were not only misinformed but al...
Tether calls thesis behind USDT short-selling ‘flat out wrong’
Tether, the issuer of Tether (USDT), says that hedge funds that attempted to short its stablecoin after Terra’s collapse in May are using a thesis that is “incredibly misinformed” and “flat out wrong....
Tether to Hedge Funds Shorting USDT: Strategy Failed, ‘You Made no Profit’
Tether, issuers of the USDT stablecoin, criticized hedge funds for shorting the cryptocurrency saying that the bearish bets have failed to pay off and are not worth the huge amount of fees brought on ...
Tether (USDT) Reduces Commercial Paper Use and Discloses No Chinese Links
Tether Holdings Ltd. denied rumors that its Tether (USDT) token was backed to 85% by Chinese or Asian commercial paper. They denied rumors that it is still using Chinese commercial paper. According to...
Research Shows A Surge In BTC To USDT Trade In June As Investors Flock To Stablecoins ⋆ ZyCrypto
Advertisement     While a considerable percentage of market watchers have maintained a persistent bullish outlook towards the crypto markets despite the steadfast bear...
Binance Now Supporting Tether (USDT) Deposits on Tezos (XTZ) Blockchain – crypto.news
Binance cryptocurrency exchange has announced that its users can now deposit their Tether (USDT) stablecoins on the platform via the Tezos (XTZ) protocol. The integration comes barely one week after t...
USDC on track to flip USDT by Q3 to become leading stablecoin
The second biggest stablecoin by market cap, USDC, is expected to overtake USDT, according to analysts at Arcane Research. The Glassnode chart below shows relatively parallel growth for both tokens fr...
Should We Still Trust USDT (Tether)?
– Advertisement – USDT or Tether is a cryptocurrency in the family of stablecoins. Stablecoins are coins that don’t drop below a certain value, often 1 USD or other fiat currencies. So, th...
Tether Fights Back – USDT Reserves Hold No Chinese Papers
Tethe stands strong against rumors regarding Chinese Commercial Paper Tether commits to reduce the Commercial paper count to zero Several countries seems to rundown in the race to introduce stablecoin...
New Report Predicts USDC To Soon Replace USDT, What’s The Ground Reality?
In the world of stablecoins, Tether USDT was the king until the crash. Since then, others have fought seriously to take the position. But amid all the striving stablecoins, reports have revealed that ...
Tether (USDT) Seeks Damage Control In Tightening Race Against USDC
Amid the ongoing intense battle between the two biggest stablecoins, Tether (USDT) made a major announcement. At the press time, USDT holds a market cap of over $65.8 billion. Tether to reduce its com...
USDC to surpass USDT as largest stablecoin? This report could be key
The much-talked-about fight between the stablecoins continues to see new daylight. Especially, with the ongoing feud between USD Coin (USDC) and Tether’s (USDT). Some analysts even say that the former...
Is USDC’s Value Posed to Surpass that of USDT This Year?
As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to play out. Arcane Research predicts that the USDC will dethrone USDT at the top stableco...
USDC To Dethrone USDT By This Date; Report Predicts
The stability of Stablecoins has been the biggest question in the crypto industry after the recent collapse of Terra’s UST. However, many different stablecoins are trying hard to fill the gap made due...
Will USDC Dethrone USDT? This Report Says Yes
One of the more unsettling events in the stablecoin sector occurred in May when Terra’s UST lost its 1:1 dollar peg. Chaos resulted from the de-peg, which also utterly destroyed Terra’s legitimacy. Ne...
WebMoney adds support for Tether (USDT) wallet units » CryptoNinjas
WebMoney, an e-currency payment system, announced today it has added a new type of title unit – WMT – with accounting in stablecoin Tether (USDT). 1 WMT corresponds to 1 USDT. USDT tokens are supporte...
Coinsfera Enables Users to Trade USDT in UAE through OTC
Coinsfera, the global over-the-counter(OTC) digital asset trading platform, announced that it allows users to buy or sell stablecoin USDT in Dubai over OTC. Users can now purchase or sell USDT in cash...
Bitfinex donates 36 Bitcoin (BTC) and 600,000 USDt in El Salvador
Bitfinex announced that it will donate 36 Bitcoin (BTC) and 600,000 Tether (USDt) to small businesses in towns in El Salvador where street gangs are reportedly extorting money. Bitfinex and support i...
Bitfinex Donates $1.3M Worth of BTC and USDT to Small Businesses in El Salvador
Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc., announced Thursday the donation of 36 bitcoins and 600,000 USDT to bitcoin-friendly El Salvador. Bitfinex Donates $1.3 Million to...
Bitfinex Donates 36 Bitcoin (BTC), US$600,000 Tether tokens (USDT) in Aid for Small Businesses in El Salvador
ROAD TOWN, British Virgin Islands [DATE]– Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will donate 36 bitcoin (BTC) and US$600,000 ...