Binance Advises Euro-to-USDT Conversion For Paysafe Users
Binance’s European debanking problems persist as it continues to encourage Paysafe users to convert their euros to digital dollars. After losing the support of its banking partner, Binance has exhorted users to convert their euros into Tether USDT before the end of October. On September 28, Binance urged European Paysafe users to convert their EUR […]
Here is Why Tether (USDT) Depeg FUD May Just Be Beginning
Tether (USDT), depreciated today after the New York Association of Governments (NYAG) released one of its quarterly financial records. Today, the digital currency ecosystem is agitated due to the depegging of the largest stablecoin in the industry, Tether (USDT). The de-pegging, which has caused the stablecoin to plummet to $0.9991 at the time of writing, […]
Binance.US to go ‘Crypto-Only’ as Banking Partners Cut Ties
Binance.US will stop USD deposits, withdrawals, and trading pairs by June 13 due to its banking partners suspending USD services in response to the SEC lawsuit against Binance. The exchange will transition to a ‘crypto-only’ platform until new partners are found. Binance.US, the US affiliate of the world’s largest cryptocurrency exchange Binance, has announced that […]
Tether Now Offering USDT On Polygon Network
Tether has launched and is offering USDT on the Polygon (MATIC) network which is aimed to boost Polygon’s DeFi ecosystem USDT Debuts On Polygon Network Tether (USDT), a stablecoin, has debuted on a new chain. The stablecoin will now be available on the Polygon (MATIC) network, according to the following tweet from the project’s staff. […]
Tether (USDT) Maintains Stability Despite $10 Billion Withdrawal
Tether maintained its stability despite the recent $10 billion withdrawals made by the traders Tether Maintains Stability Despite Withdrawals As the talk of regulators paying more attention to stablecoins grows, crypto traders have pulled about $10 billion out of USDT over the past two weeks. CryptoSlate says that the amount of USDT in circulation dropped […]