Ethena’s USDe Boom Fuels a Tether USDT Surge, Says Founder
TL;DR The founder of Ethena stated that the issuance of USDe drives demand for USDT, since it covers 70% of the collateral in perpetual swaps. Young
USDT (Latest Publications)
Tether Eyes Massive User Expansion with ‘Stablecoin Multiverse’
TL;DR Massive Growth: Tether’s “Stablecoin Multiverse” initiative accompanies a 14% user growth since October 2024, pushing its global user base past 400 million. Grassroots Approach: The
Rumble Enables USDT Payouts for Creators After Tether’s Support
TL;DR Rumble has launched its wallet for creator payments, using Tether’s USDT stablecoin, enabling fast and secure transactions. This launch follows a $775 million investment from
Tether Seeks ‘Big Four’ Audit to Reassure Investors on USDT Reserves
TL;DR Tether is negotiating with one of the world’s top four accounting firms (PwC, EY, Deloitte, or KPMG) to conduct a full, independent audit of its
Stablecoins Gain Ground: Market Hits $230B as U.S. Moves Toward Regulation
TL;DR Stablecoins Market Milestone: The market has surged past $230B, spurred by institutional interest and growing adoption amid volatile crypto markets. U.S. Regulatory Clarity: Legislative efforts
Russia is Using Bitcoin and USDT for Oil Trade with China & India
TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary
Tether On-Chain Activity Skyrockets —What’s Fueling the Surge?
TL;DR Record Activity: Tether’s daily on-chain transfers surged to over 143,000, reaching a six-month high amid volatile market conditions. Trader Strategy: Increased buy-side activity as traders
Stablecoins Break Records! Market Cap Hits $227.4 Billion
TL;DR Record Surge: Stablecoin market cap skyrockets to $227.4B, up from $132B in January 2024. Top Tokens: Tether leads with $143B, followed by USDC at $57B
Tether Announces New Chairman and CFO: Here are the Details
TL;DR Giancarlo Devasini, CFO and controlling shareholder of Tether, will transition into the role of Chairman of the company. Simon McWilliams has been appointed the new
Tether Expands Its Offerings with TradeFi, a New Trade Finance Solution
TL;DR Tether has launched TradeFi, a new platform designed to improve global trade through blockchain-based financing solutions.
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