Tron Price Rally Continues as USDT Transactions Rises
Tron’s price has increased for the past three days as on-chain data indicates that its ecosystem is operating well. On Friday, TRX surged to $0.1185, its highest monthly level. From its lowest point this month, it has increased by more than 7.65% as other altcoins like Ether, Solana, and Pepe have declined. The 24-hour trading […]
Binance Integrates Support for Tether on Toncoin Network
Binance cryptocurrency exchange has recently integrated Tether (USDT) support on the Toncoin Network. The move resulted in a surge in TON’s price, which was swiftly reversed. The integration allows users to deposit and withdraw USDT through the Toncoin Network, consistent with Binance’s strategic goal of expanding its multi-chain capabilities. With the successful integration of Tether […]
Tether Launches New Synthetic Dollar Backed by Gold
Stablecoin issuer Tether has unveiled a new asset class backed by Tether Gold in an effort to improve value consistency and stability. Tether is adding a new asset class to its stablecoin lineup to improve stability in the digital economy by fusing the qualities of a stable unit of account with the security of gold. […]
Tether CEO Discusses USDT Impact on Dollar Demand
Tether’s Paolo Ardoino addresses the role of USDT in increasing global dollar demand and its regulatory compliance. In a statement on X (formerly Twitter), Paolo Ardoino, CEO of Tether, emphasized the critical role of the USDT stablecoin in increasing the global demand for U.S. dollars. Ardoino underscored that Tether services more than 300 million individuals globally, […]
Tether Invests over $18m in Cross-Border Exchange Startup XREX
Tether has contributed $18.75 million to the cross-border payments firm XREX to enhance the use cases of USDT-based payments in developing nations. In order to increase the amount of stablecoin cross-border business-to-business (B2B) payments made in emerging economies, Tether, the company that issues the USDT stablecoin, has contributed close to $19 million to XREX, a […]