Tether halts USDT issuance on Kusama, Bitcoin Cash SLP, and Omni Layer networks
On 17 August, the issuer of the stablecoin USDT, Tether halted issuance of the asset in the Kusama, Bitcoin Cash SLP and Omni Layer ecosystems.News about the stablecoin Tether (USDT).
Tether halts USDT issuance on Kusama, Bitcoin Cash SLP, and Omni Layer networks
On 17 August, the issuer of the stablecoin USDT, Tether halted issuance of the asset in the Kusama, Bitcoin Cash SLP and Omni Layer ecosystems.
Chinese citizen jailed for nine months over USDT purchase
A Chinese citizen was sentenced to nine months in prison for purchasing USDT worth 94,988 yuan (just over $13,000).
Analysts flag the renewed ‘wars of stablecoins’
Massive USDT sales by Tether signal the return of 'wars of stablecoins'. Kaiko analysts conclude as much.
Binance chief criticises USDT stablecoin
Binance chief Changpeng Zhao expressed concerns about the 'stablecoin' Tether ({{AOPEN_1}}USDT{{ACLOSE_1}}), calling it a 'black box' with a 'certain' level of risk.
Tether reports $850m net profit in the second quarter
The issuer of the USDT stablecoin, Tether Limited, for the April–June 2023 period, recorded net profit of $850 million.
Singapore High Court recognises USDT as property in Bybit case
The Singapore High Court recognised USDT as property that can be held in trust.
Circle and Tether Freeze Assets Withdrawn From Multichain Worth $65 Million
Circle froze 63.2 million USDC across three addresses withdrawn from the cross-chain protocol Multichain.
Tether signs partnership with Georgia government on cryptocurrency initiatives
Tether Limited signed a memorandum of understanding with the Government of Georgia, under which it will promote blockchain technology development and other cryptocurrency innovations in the country.
Ruble–USDT trading volume triples amid Wagner PMC rebellion
On June 24, amid events related to the Wagner PMC, CCData analysts recorded a sharp spike in ruble–USDT trading activity.
Tether to launch USDT on the Kava blockchain
The issuer of the stablecoin {{AOPEN_1}}USDT{{ACLOSE_1}}—the company Tether—will add support for the Cosmos platform's first-layer Kava blockchain.We use cookies to improve the quality of our service.
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