Contents USDT vs. USDC But what motivated this event? Stablecoins are assets considered refuges in a cryptocurrency bear market. Investors need to protect their capital when the bears are dominant, an...
Tag: USDTs
Is USDT’s throne up for grabs in the last week of 2022? This new data suggests…
The overall stablecoin transfer volume witnesses massive growth but USDT’s volume declines USDC manages to outperform USDT in terms of transaction volume and value, however, weighted sentiment for USD...
BUSD supply dominance grows as USDT’s supply drops 4%
Binance USD (BUSD) is the best-performing stablecoin among the top three stablecoins, as its supply dominance increased by 6% on the year-to-date metrics to 16%. The Binance-backed stablecoin has seen...
Can USDT’s market cap sail Tether’s boat through the ongoing market turmoil
The USDT transaction volume reached a new high over the last four months according to Glassnode’s latest tweet posted on 7 November. With multiple factors in favor of USDT, it appears that the stablec...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves – Coinotizia
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves – Bitcoin News
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether...
U.S Judge Orders Tether To Produce Financial Records Proving USDT’s Backing
Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the o...
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper – Altcoins Bitcoin News
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The...
Decoding what USDT’s supply hike on exchanges could mean for investors
The global cryptocurrency market cap fell 2.7% to $1.09 trillion on 9 August evening as investors awaited key consumer price index data. Needless to say, major coins across the market fell as uncertai...
Hedge Funds Working to Systematically Destroy USDT’s Liquidity: Tether CTO
Today, Paolo Ardoino, Tether’s Chief Technology Officer, responded to what he described as “public and planned” attacks against USDT by several hedge funds. He stated that they might have done this to...
Tether To Focus On Cutting Down USDT’s Commercial Paper Backing To Zero
Tether, the significant stablecoin, is planning on ultimately getting rid of commercial paper backing for Tether (USDT), its United States dollar-based stablecoin. Tether recently issued an offi...
UST to USDT: Here’s what caused largest 1-day dump in USDT’s addresses
The ongoing cryptocurrency crash has injected a chaotic sentiment within the investors. The steep decline saw $200 billion in value wiped out in a single day. Bitcoin alone fell to below $25,000 on th...
Here Is The Possible Reason For USDT’s Depegging!
While the crypto market is struck between Terra, and the UST crash, Tether, the third-largest cryptocurrency and one of the most liable stablecoin globally, has raised fear among the investors due to ...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum – Coinotizia
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stab...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum – Altcoins Bitcoin News
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stab...
USDC’s supply on Ethereum surpasses that of USDT’s for the first time
The total supply of the USDC stablecoin on the Ethereum blockchain has surpassed that of rival Tether’s (USDT) for the first time. The current total supply of USDC on Ethereum stands at 39.92 bi...