Digital banking platform Revolut will delist Tether (USDT) after August 31, citing regulatory and risk concerns, with remaining holdings converted to base currency.
A new US dollar stablecoin, backed by Visa and Mastercard, aims to retain reserve earnings and challenge Tether’s USDT and Circle’s USDC.
Tether's USDT stablecoin is trading at a significant 7% to 10% premium in India, driven by high demand and thin local liquidity.
Breez's new SDK feature allows users to make payments with Bitcoin, enabling recipients to receive USDC and USDT across over 30 blockchains without holding stablecoins.
Tether's USDT stablecoin recently traded at an 8.5% premium in India, double the usual gap, after regulatory raids disrupted its supply.
Tether (USDT) has flipped Ether's (ETH) market cap as ETH routs to $1,500, revisiting crucial long-term support levels last seen in October 2023.
The stablecoin Tether (USDT) has surpassed Ether (ETH) in market capitalization, with ETH's price falling to $1,500 amidst market volatility.
Tether is winding down its gold-backed aUSDT derivative, strategically refocusing on its flagship stablecoin, USDT, and physically-backed XAUT.
A significant cryptocurrency money laundering operation valued at $120 million has been uncovered, leading Tether to freeze $72 million in USDT.
Tether's USDT dominance rate has formed a "golden cross," signaling increased investor caution and a potential period of turbulence for Bitcoin and the wider crypto market.