Tether (USDT)

Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion

September 10, 2021 Bitcoin.com

$69.3 Billion

The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled by 9.99% since then. […]

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Elon Musk, the world’s richest man, hits record $348B net worth

From $250 Billion to $2.35 Trillion: A Look at the Top Ten Crypto Market Cap Shifts Over 2 Years

September 3, 2021 Bitcoin.com

ada

While the crypto economy is worth more than $2.35 trillion, there’s a variety of new cryptocurrencies that have claimed top ten positions, in terms of market capitalization, in recent times. Two years ago, the top ten crypto assets by market cap looked a lot different than today, and things have also changed a great deal […]

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Elon Musk, the world’s richest man, hits record $348B net worth

The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman

August 10, 2021 Bitcoin.com

Algorand

Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing

August 6, 2021 Bitcoin.com

attestation report

The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume

July 16, 2021 Bitcoin.com

bitcoin.com

Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago, the entire capitalization of fiat stablecoins crossed […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

June 27, 2021 Bitcoin.com

bitcoin.com

Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion

May 23, 2021 Bitcoin.com

$100 billion

Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion

May 13, 2021 Bitcoin.com

$100 billion

While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like bitcoin (BTC) and ethereum (ETH) can be volatile and this has caused […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

April 26, 2021 Bitcoin.com

$50 Billion

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […]

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Elon Musk, the world’s richest man, hits record $348B net worth

Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

April 1, 2021 Bitcoin.com

accounting firm

The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands. Accounting Firm Recognizes Two Ongoing Legal Cases According to the statement, Tether […]

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Elon Musk, the world’s richest man, hits record $348B net worth