Tether (USDT)

Will XRP Overtaking ETH, Crypto Inaugural Ball, and More — Week in Review

January 19, 2025 Bitcoin.com

bitcoin.com

XRP inches closer to overtaking ETH, Crypto inaugural Ball, Trump’s first-day Executive Orders and more in this Week in Review. Week in Review XRP’s price surge this week brings it closer to overtaking Ethereum. The U.S. crypto scene is abuzz with the inaugural Crypto Ball, celebrating President-elect Trump’s pro-crypto agenda. Reports suggest Trump’s first-day executive […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

TRM Labs: Tron Saw Largest Illicit Volume Reduction in 2024

January 17, 2025 Bitcoin.com

bitcoin.com

TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of the T3 Financial Crime Unit established in August. TRM Labs Report Shows Tron […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Tether Relocating to El Salvador After Receiving Stablecoin Issuer License

January 14, 2025 Bitcoin.com

bitcoin.com

Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets. Tether Moves to El Salvador to Focus on Emerging Markets Tether, one […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Tether Estimates Net Profits for 2024 to Exceed $10 Billion

December 23, 2024 Bitcoin.com

Tether Estimates Net Profits for 2024 to Exceed Billion

bitcoin.com

Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year. $10 Billion Net Profit for Tether in 2024 Tether, the largest stablecoin issuer in the world, is expected to end the year with net profits of over $10 billion, according […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Tether to Perform $2 Billion USDT Chain Swap to Ethereum

November 7, 2024 Bitcoin.com

Tether to Perform Billion USDT Chain Swap to Ethereum

bitcoin.com

Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains. Through this procedure, crypto users […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review

October 13, 2024 Bitcoin.com

bitcoin.com

In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto operation. Economist Peter Schiff warned of impending financial ruin unless the U.S. allows its “phony economy” to […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

September 10, 2024 Bitcoin.com

bitcoin.com

Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin. Crypto Giants Tron, […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Tether Posts $5.2 Billion Profit in First Half of 2024

July 31, 2024 Bitcoin.com

Tether Posts .2 Billion Profit in First Half of 2024

audit

Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise in group equity. Tether Reveals Mid-Year Financials The largest stablecoin issuer […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom

July 18, 2024 Bitcoin.com

Bitcoin

Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes Seller Exhaustion in Bitcoin Markets, Despite Low Stablecoin Liquidity In the past week, […]

USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency

May 10, 2024 Bitcoin.com

bitcoin.com

Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing a study of 334 historical currency pegs, suggested that most stablecoins will face significant challenges […]

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