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Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. The Crypto World team explains what sets USDC and Tether apart from TerraUSD.

Cryptocurrency investors have been moving away from Bitcoin ($BTC) and into leading stablecoin USDT as cryptocurrency prices plunge, according to data from CryptoCompare's latest Exchange Review. The report details that Bitcoin and Ethereum ($ETH) closed the month of June at $19,908 and $1,070 after falling 37.4% and 44.

Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc., announced Thursday the donation of 36 bitcoins and 600,000 USDT to bitcoin-friendly El Salvador. Bitfinex Donates $1.3 Million to Small Businesses As per the official announcement, the donation, worth about $1.35 million at press time, is geared towards the country's economic development.

The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran communities located in Apopa, Ilopango, and Soyapango.

Funds will be distributed in towns where street gangs steal money from businesses

Bitfinex is reporting that it will donate 36 Bitcoin (BTC) and US$600,000 Tether tokens (USDt) to help small businesses and communities in El Salvador. Bitfinex added that this is part of the crypto exchange's continued support for the country.

The OKX Chain has joined other blockchain networks by welcoming the USDT Tether stablecoin on its platform. Due to issues with transaction costs from other platforms, the new USDT on the OKC blockchain will help lower fees.

Following the collapse of Terra and the subsequent crypto crash, stablecoin active addresses surged to a new all-time high. Meanwhile, bitcoin (BTC) and ethereum (ETH) active addresses have plunged drastically during this period. 

OKX has announced that Tether's USDT, EURT, and XAUT are now accessible on OKX Chain (OKC).

The collaboration between Tether and OKX Chain will provide smarter, more efficient and more affordable on-chain trading for usersOKX Chain is a secure, programmable and low-cost smart contract platform that has featured over 130 projects in the past y...

Although cryptos are holding level for now, the lack of forward momentum suggests that investors must make hard decisions soon.

The largest stablecoin, Tether (USDT), has now expanded its market reach to the Cosmos ecosystem, following its launch on the OKC blockchain, according to the announcement on Wednesday.  Tether launches on OKX Chain OKC or OKX Chain is the native blockchain of the popular Seychelles-based cryptocurrency derivatives exchange, OKX (formerly OKEx).

Tether (USDT) is a stablecoin cryptocurrency. Theoretically, stable cryptocurrencies shouldn't be subject to price fluctuations. Tether coin is based upon the US dollar (USD),...

Last year wasn't a smooth ride for crypto in China, if anything, it was the opposite. Starting with prohibiting financial institutions from making any transactions [.

USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?

Catch up on the latest crypto market news at The Currency Analytics. Tether works with risk metrics.

Tether's shrinking market share could actually be helpful for the market situation as this was one of the king stablecoins that dominated 90% of the market so let's read more today in our latest Tether news.

Tether did not reveal the USD value of the liquidated loan but said it was completed with no risk to itself.

Stablecoin issuer Tether (USDT) says it has liquidated assets used as collateral by beleaguered crypto lending platform Celsius Network (CEL). Tether notes in a new announcement that its portfolio includes an investment in Celsius “representing a minimal part of its shareholders' equity.” Tether highlights that the investment in Celsius has no correlation to USDT's reserves […] The post Tether Liquidates Crypto Used As Collateral by Controversial Digital Asset Lending Project appeared first on The Daily Hodl.

According to Tether, a loan obtained by the failing cryptocurrency company Celsius has been repaid in full.

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.

Tether says it liquidated BTC loan for the crypto lender Celsius and it minimized the impact on the market so let's read more in our latest Tether news. Tether announced today that it liquidated the loan to the crypto lending company Celsius.

Tether was the king of the stablecoins dominating almost 90% of the market. Its market share has now dropped to around half of that, which can only be good for crypto.