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Tether (USDT) has been gaining major traction on the TRON network, according to recent data from CryptoQuant. In September 2024 alone, the TRON network facilitated $424 billion in USDT transfers.

Tether has reached a remarkable benchmark: its USDT stablecoin has amassed a user base that matches the entire population of the United States. Recent figures indicate that more than 330 million on-chain wallets have interacted with USDT by the end of the third quarter of 2024, a statistic that notably excludes users who utilize USDT solely through centralized exchanges like Coin base and Binance.

Tether's USDT, the largest crypto stablecoin, recently celebrated its 10th year in the industry. The company's growth has been impressive, thanks to its steady user base, holdings that include $97 billion in US government bonds, and its plans to partner with US law enforcement agencies to strengthen its brand.

Toncoin's rising adoption and USDT integration suggest a bullish long-term outlook.

Venezuelans have ramped up the use of Tether's USDT, as it has become one of the largest sources of dollar liquidity in national markets.

Tether is the most used stablecoin in the crypto ecosystem as users consider it an alternative to fiat.

Tether Holdings, the company behind the world's most widely used stable coin, USDT, is making a strategic move into the commodity trading sector. As the company seeks new avenues to deploy profits amid a recovering market, Tether is exploring lending options specifically tailored for commodity trading firms.

New data from Tether reveals that the number of people who have adopted the firm's USDT is now equivalent to the entire population of the United States.

Tether's USDT user growth saw its best quarter in Q3 and has increased by 9% on average over the last 12 months, cushioning the firm's possible expansion into more traditional finance markets. Tether reported that 36.

The world's largest stablecoin, USDT, now has 330 million users on-chain, according to the latest insights shared by its issuer, Tether, on October 16.

Stablecoin issuer Tether Holdings Ltd is reportedly considering venturing into commodity trade financing amid a growing cash pile. According to a Bloomberg report, Tether Holdings, which generated $5.2 billion in net profits in the first half of 2024, is exploring the possibility of providing loans to commodities trading firms.

Donald Trump's 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.

Toncoin price showed a modest 0.2% loss on Wednesday's U.S. trading session, trading at $5.2. The slight downtick forms a neutral candle in the daily chart, continuing the consolidation trend intact since early October.

Tether reached 330 million USDT on-chain wallets by the end of Q3 2024, excluding centralized platform users.

TL;DR USDT has reached a record 330 million wallets and blockchain accounts by the end of the third quarter of 2024. The growth includes the addition of 36.25 million new accounts, consolidating the stablecoin as a pillar of the crypto market.

Tether, the company behind the USDT stablecoin, has announced that approximately 330 million on-chain wallets and accounts had received the digital asset as of the end of Q3 2024. These accounts and wallets are a critical measure of user engagement.

Tether Holdings, the issuer of the widely-used stable coin USDT, is venturing into the commodities trading sector, considering lending options to firms within the industry. This strategic exploration is currently in its early stages, as Tether looks to harness the potential of cryptocurrencies to revolutionize trade finance.

Italy is preparing to increase the capital gains tax on Bitcoin and other cryptocurrencies to 42%, according to Deputy Finance Minister Maurizio Leo, who shared the news during an Oct. 16 conference. Leo explained that as cryptocurrencies, particularly Bitcoin, gain popularity, the government anticipates raising the withholding tax rate from its current 26% to 42%.

The adoption of Tether's USDT has reached over 330 million on-chain wallets by Q3 2024, showcasing its global impact as a digital asset, according to Tether.io.

Tether Holdings, the issuer of the world's largest stablecoin, USDT, is reportedly exploring lending options for commodities trading companies as it seeks new ways to deploy this year's profits amid the broader market recovery.

Binance and the Delhi Police announced on Tuesday that they have teamed up to dismantle a large-scale renewable energy scam in India, seizing over $100,000 in USDT from fraudsters linked to a fake solar company.

The Delhi Police, in collaboration with Binance, have seized over 100,000 USDT linked to a sophisticated scam in India. According to a report from The Hindu, the operation was conducted on October 15, 2024.

In a recent collaborative effort, cryptocurrency exchange Binance partnered with Indian police to dismantle a sophisticated scam involving a fraudulent entity called “M/s Goldcoat Solar.” The scam, which falsely claimed to be part of India's renewable energy initiative, led to multiple arrests and the seizure of over $100,000 in Tether (USDT).

Fraudsters impersonated government officials to scam individuals into believing they were investing in a profitable solar power program.