Tether’s $1 Billion Deposit at Stake in London Court Case
Tether, the issuer of the world’s largest stablecoin, has deposited over $1 billion with a subsidiary of Britannia Financial, a global investment bank. The funds are now involved in a legal dispute between Britannia and another firm, Arbitral International, in London’s High Court. Tether’s USDT token is widely used in the crypto market as a […]
Tether Stablecoin Sees Increase in Secured Loans
Tether, the largest stablecoin issuer in the cryptocurrency market, has seen an increase in its stablecoin lending, or secured loans, in 2023, despite its plans to cut it down to zero by 2024 According to Tether’s most recent quarterly report, its assets included $5.5 billion in loans as of June 30, up from $5.3 billion […]
Data Indicates Beginning Of Bitcoin And Cryptomarket Rally
Tether (USDT) market share on Binance rising again suggests a Bitcoin and crypto market rally. The decision by Binance, the largest cryptocurrency exchange in the world, to pull out of the BUSD and TUSD stablecoins due to regulatory obstacles has generated optimism among traders. According to Kaiko data, the Tether (USDT) market share on Binance […]
USDT Dump Causes Depeg Scare, Curve 3pool Shift
Whales have been selling off large amounts of Tether (USDT), the largest stablecoin in the crypto market, causing a spike in its share within the Curve 3pool liquidity pool. The unusual influx of USDT has raised concerns about the stablecoin’s stability and sparked speculation about USDT’s depegging. Curve’s 3pool is a stablecoin pool for decentralized […]
Strike App Integrates Tether Stablecoin for Seamless Transactions
Strike has integrated Tether (USDT) , the world’s largest stablecoin, into its platform. This allows users to easily and efficiently transact and store their digital assets. Strike, a leading global money app, has announced an innovative partnership with Tether (USDT). This collaboration marks a major milestone in the widespread adoption of cryptocurrencies as a medium […]