USDT Goes Omnichain: Now Live on Bitcoin’s Rootstock Layer 2
TL;DR USDT0, the cross-chain version of Tether’s USDT, is now live on Rootstock, Bitcoin’s Layer 2 network, boosting the stablecoin’s reach into Bitcoin-powered DeFi. This expansion
USDT (Latest Publications)
Tether Cuts USDT Support for Five Blockchains Due to Low Demand and Performance
TL;DR Tether announced it will cease USDT support on Algorand, Bitcoin Cash, EOS, Kusama, and Omni starting September 1 due to low usage and limited activity.
Binance’s New Loans Offer 4x Leverage with Zero Interest
TL;DR Binance’s Institutional clients can tap up to 4× leverage on loans from $1M to $10M in USDT/USDC with an innovative rebate model that can drive
Coinbase Helps Secret Service in Historic Crypto Seizure: What Happened?
TL;DR Coinbase teamed up with the U.S. Secret Service in a rapid “investigative sprint,” freezing 39 wallets and recovering $225 million in stolen USDT, the largest
USDT Dominance Continues as Stablecoins Now Represent 7.5% of Crypto Market
TL;DR Stablecoins now make up 7.5% of the total crypto market ($250 billion), driven by a 60% YoY expansion as they cement roles in DeFi, remittances,
Tether Invests in Orionx to Accelerate Stablecoin Adoption in Latin America
TL;DR Tether made a strategic investment in Orionx, a Chile-based platform operating across several Latin American countries, aimed at expanding stablecoin usage throughout the region. This
New Report Reveals USDT Dominates Stablecoin Transactions, Mostly on Tron
TL;DR Tether (USDT) accounts for 90% of global stablecoin payment volume, with the Tron network leading as the main settlement layer, hosting around 60% of all
Cyvers Reports Sophisticated Zero-Value Transfer Scam Costing Victim $2.6M
TL;DR A crypto investor lost $2.6M in stablecoins after falling victim to a sophisticated double phishing scam that exploited zero-value transfers. In a three-hour window, fraudulent
Report Reveals Tether’s Blacklisting Isn’t Instant — $78M Moved Illegally
TL;DR A report from AMLBot reveals that Tether delays enforcing blacklists, allowing $78 million in USDT to be moved before the funds were frozen. The delay
Tether Registers $1B in Operating Profit for Q1
TL;DR Over $1B in Q1: Tether delivered a stellar quarter with operating profits exceeding $1 billion, bolstered by a robust treasury portfolio nearing $120 billion. Surging
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
