Tether moves first millions of USDT to Ethereum sidechain
The issuer of the stablecoin Tether transferred 3 million USDT to the OMG Network sidechain, a solution for Ethereum scaling.News about the stablecoin Tether (USDT).
Tether moves first millions of USDT to Ethereum sidechain
The issuer of the stablecoin Tether transferred 3 million USDT to the OMG Network sidechain, a solution for Ethereum scaling.
Tether overtakes Bitcoin by weekly transfer value
Market capitalization of Tether (USDT) surpassed $13 billion. The seven‑day moving average of transfer value in the leading stablecoin stood at $3.55 billion, vs. $2.94 billion for Bitcoin. Analysts at Coinmetrics attributed the leadership shift to the growing popularity of DeFi protocols.
Chainalysis analyzes East Asia on-chain activity — Chinese capital flowing into USDT
Over the past year, cryptocurrency addresses from East Asian countries received $107 billion. The share of Bitcoin in the on-chain value transferred in the region stood at 51%, while stablecoins accounted for 33%. These estimates come from a new Chainalysis study.
Tether moves 1 billion USDT from TRON to Ethereum
The issuer of the stablecoins Tether transferred 1 billion USDT from the TRON blockchain (TRC-20) to Ethereum (ERC-20).
Tether integrates into Ethereum sidechain with ‘thousands’ of TPS
The issuer of the largest by market capitalization stablecoin, Tether (USDT), announced the launch of the coin on the OMG Network sidechain (formerly OmiseGO), a scaling solution for Ethereum.
Stablecoin daily transaction volume hits a record $5bn
Analytical firm CoinMetrics has estimated the daily adjusted value transferred in stablecoins at a record $5bn. Of this amount $2.9bn was in Ethereum transactions.
Tether readies $540 million in USDT for investors as Bitcoin rallies to $11,000
The issuer of the largest stablecoin by market capitalization, Tether, authorised the issuance of 540 million new USDT tokens over the past seven days. This occurred amid Bitcoin's price rising to a ten-month high.We use cookies to improve the quality of our service.
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