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Tether FUD has been going crazy for weeks now, including Federal government investigations, Tether ban, and much more. However, new claims call it ‘False FUD,' which is affecting stablecoin for nothing.

Tether (USDT), the leading stablecoin in the cryptocurrency market, has experienced a dramatic reduction in its circulating supply, dropping by over $1.3 billion within ten days. This sharp contraction has generated concerns about the impact on Bitcoin liquidity and broader market dynamics, especially during a period marked by regulatory scrutiny and economic uncertainties.

Binance launches USDT perpetual contracts for the native tokens of dForce and Phala Network on Dec. 30. After the Binance Futures announcement, dForce surged by 26%.

Tether's USDT the largest stablecoin by market cap, is set to be delisted from EU exchanges starting today, creating a situation of fear, uncertainty, and doubt (FUD) in the crypto market.

Tether, the world's largest stablecoin, lost $2 billion from its market cap in December amidst the challenges posed by the European Union's new Markets in Crypto Assets (MiCA) regulation.

Stablecoin giant Tether adds 8,400 BTC to its reserves, now holding $7.8B in Bitcoin, surpassing its USDT holdings amid regulatory developments.

As Tether is set to announce record profits exceeding $10 billion for 2024, global banking giants are accelerating their positioning in the stablecoin market. From Société Générale to Deutsche Bank, traditional financial institutions are ramping up initiatives to not miss out on this crypto revolution.

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week.

Tether's $1.3B supply contraction in 10 days raises concerns about crypto liquidity and market dynamics.

Inspired by Tether's success, the world's banking giants are showing interest in stablecoins. As Bloomberg News reported Saturday (Dec. 28), some banks are already there, with Societe Generale – Forge (SG-Forge) opening its euro-backed stablecoin to retail investors earlier this year.

Traditional banks such as Societe Generale, Standard Chartered, and Revolut are now reaching for a slice of Tether's dominance of the stablecoin market. The opportunity became especially apparent after Tether's decision to discontinue its EURt stablecoin.

TRON has become a standout blockchain in the cryptocurrency space, recently hitting remarkable milestones in transaction fees and USDT (Tether) activity. As the blockchain ecosystem continues to expand, these key metrics are not only reflecting growing adoption but also highlighting the increasing involvement of institutional investors in TRON's ecosystem.

The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital asset market.

Several big stories and developments have occurred in the crypto space this week, including rumors of a presidential pardon for FTX's Sam Bankman-Fried, EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's Inauguration.

Stablecoin issuer Tether has made a novel venture capital fund investment into an Arcanum Capital fund dedicated to supporting decentralized technologies.

As MiCA regulations impact stablecoins in the EU, questions arise about USDT's compliance and potential market effects. The post Tether grapples with new FUD as MiCA regulations take effect on Dec. 30 appeared first on Crypto Briefing.

Missing compliance deadlines, USDT raises concerns about liquidity and transaction costs. Criticism of USDT rises over audit practices and halted coin minting.

At a time when Donald Trump promised to make America the crypto head, Europe followed a different path with the Tether Ban. Tether (USDT) is the biggest stablecoin, and it is considered ideal for crypto transactions due to its value being pegged to the dollar.

While the EU's cryptocurrency regulations are poised to take full effect in just a few days, there's still significant uncertainty about Tether's USDt stablecoin. Recently, crypto exchange Coinbase delisted Tether's USDT in mid-December citing compliance with the EU's MiCA regulations.

While MiCA's implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA's total 36-month timeline.

As became known thanks to a report from Whale Alert, almost half a billion dollars worth of USDT stablecoin has just been transferred to the world's largest exchange, Binance. Such transfers are important, as in the common sense of crypto market participants they are seen as an act of a large cryptocurrency whale shifting free "crypto cash" to the major exchange to buy assets.

Tether, the world's largest stablecoin issuer, is looking to diversify its operations and broaden its influence in Web3 technology. The company has made a $2 million injection into Arcanum Capital's Emerging Technologies Fund II, signaling its commitment to advancing Web3 projects.

Tether has made its first dive into the world of venture capital by injecting $2 million into Arcanum Capital's fund, which focuses on developing blockchain-based Web3 projects.

Tether has made its first foray into venture capital by investing $2 million in Arcanum Capital's Arcanum Emerging Technologies Fund II. The post Tether Makes First VC Investment, Pouring $2M in Arcanum's Web3 Fund appeared first on Cryptonews.