XRP on the Verge of Surpassing Tether After Massive 20% Surge
TL;DR XRP has surged by 20% in the last 24 hours, positioning itself to potentially surpass Tether (USDT) as the world’s third-largest cryptocurrency by market capitalization.
USDT (Latest Publications)
Stablecoins Could Reach 10% of US M2 and FX Transactions as Trust Grows, Standard Chartered Says
TL;DR Analysts from Standard Chartered and Zodia Markets project that stablecoins could reach up to 10% of M2 and FX transactions in the U.S. Although they
Cantor Fitzgerald Acquires Minority Stake in Tether Amid Political Developments
TL;DR Cantor Fitzgerald has acquired a 5% stake in Tether, the issuer of USDT, for $600 million, highlighting its commitment to expanding in the crypto market.
Tether Introduces Wallet Development Kit for Integrating Bitcoin and USDt Wallets Across Platforms
TL;DR Tether has launched its Wallet Development Kit (WDK) to simplify the integration of non-custodial Bitcoin and USDt wallets across various platforms, enhancing user experience and
Tether Completes First-Ever Oil Deal Worth $45 Million
TL;DR Tether has completed its first USDT crude oil transaction in the Middle East, financing 670,000 barrels of oil worth $45 million. The operation strengthens the
Paolo Ardoino Reveals the Truth About Tether’s Official Blockchain Launch
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across
Tether Reaches New Milestones with $2.5 Billion Q3 Profit and Record USDT Issuance
TL;DR Tether reports a record-breaking $2.5 billion profit for Q3 2024, bringing its cumulative profit for the year to $7.7 billion, driven by growing demand for
Tether’s Reserve Breakdown Exposed: $9.45B in Bitcoin, Gold, and U.S. Treasuries
TL;DR Tether reveals a diversified reserve of over 82,000 Bitcoin, 48 tonnes of gold, and over $100 billion in U.S. Treasuries. CEO Paolo Ardoino addresses market
Plasma Presents New Bitcoin Scaling Solution for Payments, RWA, and DeFi Backed by Bitfinex
TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a
USDT Adoption Booms – 330M Accounts and 36M New Users in Tether’s Best Quarter Yet
TL;DR USDT has reached a record 330 million wallets and blockchain accounts by the end of the third quarter of 2024. The growth includes the addition
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