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Tether authorizes the minting, but not the issuance, of $1 billion USDT on Ethereum.

Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory.

During late hours yesterday, Tether, a stablecoin issuer, recently minted one billion USDT tokens on the Ethereum network. Paolo Ardoino, Tether's CTO, explained that the minting symbolized an “inventory replenish” and clarified that it was an “authorized but not issued transaction.

Tron (TRX) stablecoin's dominance has reached a record high of 33.9% — primarily due to the rising supply of Tether USDT, according to data from DeFiLlama. The stablecoin market on the network is currently valued at $44.52 billion after a 1.1% increase in the last seven days.

Some argue that the supply of Tether's USDT has historically indicated the direction in which the price of bitcoin will trend.

Tether, a stablecoin tied to the US dollar, has unveiled a new effort in Dubai that will allow sellers of Tether to do so without

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. BitTorrent, Synthetix, GUSD, DAI, and Tether have emerged as the top gainers of the day, while AGIX, ICP, CFX, dYDX, and RPL are the top losers.

Although cryptos have been on the move this year, a recent blip on the road has forced investors to reassess next moves.

According to Tether, the issuer of the world's leading stablecoin (USDT), regulation of stablecoins could provide clarity and benefit the digital token economy.

Bitcoin traders on Binance have rapidly migrated to TUSD after the exchange stopped charging fees on the trading pair.

Tether, the world's largest stablecoin, is seeing a surge in its supply, approaching its all-time high. According to recent reports, the number of Tether stablecoins in circulation has grown by over 22% this year, rising from 66 billion in January to 80.9 billion as of April 17th, 2023.

Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether's growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022.

The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.

A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle placed under the Federal Reserve (Fed) oversight

According to crypto data firm Kaiko, the market share of the TrueUSD (TUSD) stablecoin in Bitcoin (BTC) trading volume on Binance is catching up to Tether's USDT following the exchange's zero-fee trading discount.

The TrueUSD (TUSD) stablecoin's market share in bitcoin (BTC) trading volume on Binance is catching up to Tether's USDT following the exchange's zero fee trading discount, but data shows traders are still reluctant to use TUSD, according to crypto data firm Kaiko.

With the growing popularity of the USDT stablecoin, Tether has partnered with the City of Lugano and several Swiss universities to launch the Plan ₿ initiative to promote blockchain education and innovation.

Tether, the issuer of the leading stablecoin Tether USD (USDT), has blacklisted a validator address responsible for the $25 million drain on Maximal Extractable Value (MEV) bots last week. The validator exploited a bug in the MEV-boost relay, bypassing MEV bots by attempting to execute a sandwich trade.

Although cryptos surged higher on the back of Bitcoin breaking a major price barrier, the sector still faces some serious questions.

Tether, a centralized entity behind popular stablecoin USDT, has blacklisted an Ethereum validator who had front-run MEV bots, earning $25 million via a sandwich attack.

Several crypto stakeholders have criticized USDT issuer Tether for blacklisting a validator address that drained $25 million from maximal extractable value (MEV) bots. The MEV bots were drained of over $20 million on April 3 while executing a sandwich trade.

Another address has been blacklisted by stablecoin provider Tether, bringing its total of banned addresses to 865.

Tether, the issuer of the USDT stablecoin, recently took action against an address that exploited a bug in MEV-boost-relay to drain Maximal Extractable Value (MEV) bots for $25 million last week.

The likes of Polygon co-founder and many other decentralization proponents called blocking the address a bad precedent.