Tether CTO Criticizes Ripple Chief for USDT Comments
Ripple CEO predicts US government‘s scrutiny on Tether, prompting rebuttal from Tether CTO. Brad Garlinghouse, CEO of Ripple, stated in his most recent interview that Tether (USDT) would be the next target of the United States government in cryptocurrency. Given the US government’s efforts to implement regulations on stablecoins, it may target market leaders such […]
Circle’s USDC Overtakes Tether’s USDT in Stablecoin Transaction
Circle’s USDC stablecoin has overtaken Tether’s USDT in transaction volume in 2024 based on Visa crypto payments data. Circle’s USD Coin (USDC) has outperformed its biggest rival, Tether (USDT), in terms of transaction volume, according to statistics from blockchain analytics platform Allium Labs and payment giant Visa. Visa’s analytics indicate that last week’s transaction volume […]
Ton Network Slashes Fees, Introduces Precompiled Contracts
Developers of the TON blockchain have reported a 2.5-fold decrease in network transaction charges. The project team states that the amount of the transaction fees will change based on the native token’s dollar value. The commission on the first transaction using Jettons for one Toncoin (TON) will be around $0.06, and on future transactions, $0.04. […]
Mercuryo Adds Fiat-to-Crypto On-Ramps for USDT on TON
A worldwide payments company called Mercuryo has teamed up with TON to offer USDT fiat-to-crypto conversion services. Integrating Tonkeeper, a self-custody wallet that facilitates transactions in Layer 1, The Open Network (TON), and other digital currencies, was the first step in the endeavor. Executive Director of Mercuryo in Singapore, Aviessa Khoo, expressed her happiness with […]
TON Foundation Allocates 11M Toncoin to Reward USDT Users
The TON Foundation team declared the opening of an incentive scheme aimed at encouraging collaboration with Tether. According to a recent post, 11 million Toncoin (TON) have been allocated to reward early USDT users in the TON network. The goal of the campaign is to promote the stablecoin’s internet adoption. TON Foundation announcement: “USDt on […]