Arbitrageurs Take Advantage of USDT Depegging
The USDT stablecoin from Tether deviated from parity with the US dollar. The coin's weighted average price fell to 0.995 (CoinGecko).News about the stablecoin Tether (USDT).
Arbitrageurs Take Advantage of USDT Depegging
The USDT stablecoin from Tether deviated from parity with the US dollar. The coin's weighted average price fell to 0.995 (CoinGecko).
Tether authorizes 1 billion USDT to replenish reserves for cross-chain token swaps
The issuer of stablecoins, Tether, authorized 1 billion USDT for issuance with the aim of “inventory replenishment” to support cross-chain token swaps.
Tether invests $1bn in Bitcoin mine in El Salvador
The stablecoin issuer Tether participated in the first round of financing for the Volcano Energy project, a $1 billion Bitcoin mining venture in El Salvador.
USDT market capitalisation hits an all-time high
USDT's total market capitalization reached a new high of $83.4 billion. The previous peak was recorded in May 2022.
Rising economic uncertainty strengthens Tether at USDC’s expense
USDC's share over the past year declined from 34.9% to 23.1%, while Tether's share rose from 47% to 65.9%. CoinGecko reports these figures.
Not Just USDT: Tether Explores New Lines of Business
High profitability enables the issuer of the stablecoin Tether to pursue new lines of business, The Block reported, Paolo Ardoino, the company's CTO.
Tether signs partnership with Georgia’s Business and Technology University to promote crypto-education
Tether Limited and Georgia's Business and Technology University signed a memorandum of understanding to promote education in cryptocurrencies and blockchain in the country.
Strike integrates Tether USDT into its app
Strike, the Lightning Network-based payments app operator, announced the integration of the Tether (USDT) stablecoin onto its platform.
Tether to earmark up to 15% of profits for Bitcoin purchases
The issuer of the USDT stablecoin—Tether—announced regular investments in the first cryptocurrency since May 2023.
Tether posts $1.48 billion in net profit in Q1
The issuer of the stablecoin USDT, Tether Limited, for the January–March period recorded net profit of $1.48 billion — a figure twice that of the previous period.We use cookies to improve the quality of our service.
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