Tether tops up bitcoin reserve by $1bn
Tether, the firm behind USDT, bought 8,889 BTC worth $1bn and moved the funds to its reserve wallet.News about the stablecoin Tether (USDT).
Tether tops up bitcoin reserve by $1bn
Tether, the firm behind USDT, bought 8,889 BTC worth $1bn and moved the funds to its reserve wallet.
Bitwise Predicts Tether’s Ascendancy Among Major Companies
Tether could surpass Saudi Aramco in value and become the most profitable company in history, according to Bitwise's Chief Investment Officer Matt Hougan.
Stablecoin Market Capitalisation Surpasses $300 Billion
The total market value of stablecoins has exceeded $300 billion. USDT leads with over $174 billion, followed by USDC with $73.5 billion.
Aster Surpasses Tether and Circle in Fee Volume
Aster topped the DeFi Llama protocol rankings by fee volume, exceeding $29 million in the last 24 hours.
SoftBank and Ark Investment Consider $20 Billion Investment in Tether
Japanese conglomerate SoftBank and Cathie Wood's Ark Investment are in preliminary discussions to participate in a significant funding round for Tether, according to Bloomberg.
‘Blockchain for the people’ or a gift to venture capital?
A look at Plasma, which combines a Bitcoin bridge with fee-free transfers.
Plasma Launches Mainnet and XPL Token
The L1 blockchain Plasma, focused on stablecoins, has launched its mainnet and native token XPL.
Institutional Investors Withdraw 10% of Ethereum Supply from Exchanges
The price of the second-largest cryptocurrency fell below $4,000 as reserves on centralized exchanges hit a low not seen since 2016. At the time of writing, Ethereum is trading at $4,015. Ethereum reserves on trading platforms have been declining since mid-2020. Over the past two years, the available supply on exchanges has decreased by nearly 50%. The outflow accelerated...
Tether Seeks $20 Billion to Reach $500 Billion Valuation, Reports Suggest
Tether is in talks with investors to raise $20 billion, potentially boosting its valuation to $500 billion, Bloomberg reports.
Plasma to Launch Neobank Offering Over 10% Annual Returns
Stablecoin project Plasma is preparing to launch its own neobank, Plasma One, following the mainnet launch at the end of September.We use cookies to improve the quality of our service.
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