USDC supply on Ethereum overtakes USDT for the first time
The total supply of the USD Coin (USDC) stablecoin from the Centre Consortium on the Ethereum blockchain has for the first time surpassed that of Tether (USDT).News about the stablecoin Tether (USDT).
USDC supply on Ethereum overtakes USDT for the first time
The total supply of the USD Coin (USDC) stablecoin from the Centre Consortium on the Ethereum blockchain has for the first time surpassed that of Tether (USDT).
Tether blocks three Ethereum addresses holding $160 million in assets
Tether has blacklisted three Ethereum addresses holding more than $160 million in USDT.
Tether seeks court protection for confidential information from CoinDesk
Tether petitioned to protect confidential information and bar disclosure of data on USDT reserves. The release came as CoinDesk joined the New York Attorney General's proceedings against the stablecoin issuer.
Tether blocks Ethereum address with crypto assets worth more than $1 million
Tether has blacklisted an Ethereum address holding crypto assets worth more than $1 million.
Algorithmic Stablecoins: How Alternatives to USDT and USDC Are Evolving
ForkLog examined the features of various stablecoin technologies, weighing their strengths and weaknesses.
Tether accused of unlawful and deceptive practices
Investors filed a class-action lawsuit against the issuer of the stablecoin USDT. They accused the company of "immoral, unethical, discriminatory and unscrupulous" practices.
Myanmar’s shadow government recognises USDT as an official currency
A group of supporters of the ousted Myanmar leader Aung San Suu Kyi has recognised Tether (USDT) as a means of payment. The parallel government has begun fundraising for a campaign aimed at toppling the military regime, Bloomberg reports.
In Turkey, Tether and Shiba Inu Rival Bitcoin as Lira Tumbles
Trading activity in Turkish lira pairs with Shiba Inu and Tether exceeding Bitcoin by more than fivefold amid the lira's sharp depreciation. CoinDesk reports this. In November, Binance data show the lira-BTC trading volume at $918 million, with SHIB and USDT at $5.26 billion and $5.58 billion, respectively. 'Local traders remain attracted by the exceptional returns associated with coins such as SHIB.'
Tether unit to develop Bitcoin services on the Lightning Network
The issuer of the stablecoin USDT — Tether Holdings Limited — has launched a subsidiary, Synonym Software, which will focus on developing an “alternative” Internet economy based on Bitcoin and the Lightning Network.
Report: 55% of USDT issued in the interests of Alameda Research and Cumberland
An equivalent of $60.3 billion, or almost 55% of Tether's (USDT) market value, was issued by its issuer between 2014 and October 2021 at the request of market makers Cumberland Global and the Sam Bankman-Fried-connected Alameda Research. Such calculations were reported by Protos analysts.
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