Tether, the issuer of the largest stablecoin, and the KriptonMarket platform are launching support for USDT transactions at the Central Market of Buenos Aires. Latam Gateway, Binance’s partner in Brazil,…
USDT and USDC issuers are reviewing their asset collateral structure amid a volatile U.S. economy. Circle is adjusting its Treasury reserves, and Tether is adding Bitcoin and precious metals to…
Tether mints one billion new USDT tokens of the ERC-20 standard on Ethereum. Experts believe that the company’s actions may indicate an increase in demand for cryptocurrencies in general. Tether,…
Brazil’s Ministry of Finance reported a record number of local companies holding cryptocurrency assets in August this year. The Brazilian Secretariat of Federal Revenue (RFB) reported 12,053 entities that declared…
A bill in the U.S. House of Representatives would ban the creation and use of new algorithmic stablecoins domestically. The bill would criminalize the creation or issuance of new “endogenously…
Tether Holdings Limited’s consolidated total assets amount to $66.4 billion, while the company’s consolidated total liabilities amount to $66.2 billion. Tether Holdings Limited, the issuer of the USDT stablecoin, holds…
The consequences of the stablecoin market’s destabilization continue to unfold. Daily outflows from Tether, the largest stablecoin (USDT), have averaged more than $1 billion over the past week. Crypto investors…