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The Polkadot (DOT) ecosystem has hit a whole new landmark as it is now hosting the crypto ecosystem's biggest stablecoin, Tether (USDT). As the protocol unveiled, the biggest exchange, Binance, now supports deposits and withdrawals for USDT residents on Polkadot.
The world's biggest crypto exchange Binance now supports deposits and withdrawals for Polkadot-based Tether (USDT), the most widely adopted stablecoin and third biggest crypto asset. Polkadot made the announcement on Twitter, highlighting that Binance users can now effortlessly transfer USDT to Polkadot, making transactions with the stablecoin more convenient.
Tether CTO Paolo Ardoino said the likelihood of a potential U.S. default is low since it would have catastrophic consequences for the U.S. economy.
Yesterday the world's leading stablecoin issuer, Tether, announced a partnership with Business & Technology University (BTU) to develop educational programs related to blockchain, crypto, and peer-to-peer technologies.
Tether, the issuer of USDT, which has received criticism for an alleged lack of transparency in its reporting, is partnering with a Georgian university to educate people about blockchain and freedom-promoting technology.
Tether and BTU collaborate to empower students in the digital economy. The partnership aims to create an innovative blockchain education ecosystem.
Despite lackluster trade volume and price movements in the cryptocurrency market, Tether's market cap is rising, nearing its all-time high of $82.9 billion. Tether, also known as USDT, is a stablecoin pegged to the U.S. dollar, making its value more stable than other cryptocurrencies.
Crypto market research firm Kaiko is out with a new report, noting that trading with Tether's USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. CoinDesk's Jenn Sanasie presents "The Chart of the Day.
Chinese fentanyl chemical suppliers are accepting large cryptocurrency payments, primarily in Bitcoin and Tether. Concerns arise over the misuse of cryptocurrencies in illegal activities.
DFintoch ponzi scheme has collapsed, taking with it 31.6M USDT. Investors have been left frustrated as millions of assets in crypto vanish.
Elliptic, a blockchain analytic company, has revealed that various China-based firms selling fentanyl precursors have received massive amounts of cash in crypto payments. Furthermore, suppliers mostly allowed Bitcoin (BTC) and Tether (USDT) payments. Elliptic researchers interacted with more than 90 Chinese companies ready for the Fentanyl precursors business.
Elliptic researchers received offers from over 90 China-based companies to supply fentanyl precursors, 90% of which accepted cryptocurrency payments. Most are Bitcoin and USDT.
The alliance aims to pave the way for greater adoption.
With the debt-ceiling debate weighing heavily on global capital markets, investors need to be very careful with cryptos.
A chemicals supplier in China said the business's Mexico-based clients “always use USDT or Bitcoin to pay.”
Tron-based Tether appears to be a darling of whales and OTC trading shops.
USDT's dwindling trading and surging market cap raise questions about its actual usage and crypto market impact.
As Tether edges towards hitting an all-time high in market capitalization, analysts point to growth on Tron as a key driver.
The surge in USDT's market valuation has come despite a noticeable drop in trading volumes across exchanges.
Good news for Tether, the company that manages the issuance of the USDT stablecoin, which is gaining more and more market share by confirming itself as the industry leader, except for the world of ERC-20 tokens where activity remains flat.
Quick Take This month, the USDT attestation report for Q1 2023 showed it held $53 billion worth of U.S. treasuries. If Tether were a country, it would be the 25th largest holder of U.S. treasuries.
In a groundbreaking move that is set to transform the landscape of digital payments, Tether (USDT), the world's largest stablecoin, is set to be integrated into Strike, a leading global money app.
Strike will be hoping to leverage Tether's stability as a reliable store of value to appeal to more clients globally.
Digital payment platform Strike announced on Monday it integrated Tether's USDT (CRYPTO: USDT) stablecoin into its services. With Tether's inclusion, Strike intends to streamline digital transactions and strengthen its industry standing.
