Philippines adopts Tether's USDT for social security payments
The Social Security System is a state-run social insurance program that serves employees in the official, informal, and private sectors.
Keep up with what's happening in the crypto world in real-time.
The Social Security System is a state-run social insurance program that serves employees in the official, informal, and private sectors.
Tether Operations Limited, which claims to be among the largest companies in the digital asset industry, has announced a collaboration with Uquid, a Web 3 E-commerce platform, to launch the USD₮ store.
Similar to the US stock market, the liquidity of the crypto market is further concentrated in mainstream cryptos such as BTC, ETH, and USDT. These cryptos have wider channels and more tools to obtain liquidity and can better withstand the long-term high interest-rate environment.
Bitstamp has decided to delist EURT in preparation of Europe's MiCA regulation that will come into effect by the end of June.
Toncoin price reached $7.72 on June 25, up 14% in the last 7-days, rising USDT deposits on the TON network could trigger more gains in the days ahead.
Toncoin Price Analysis. TON, the native cryptocurrency of the Toncoin Network, has exhibited a trend contrary to the broader market.
Stablecoin issuer Tether has said it will stop minting the U.S. dollar-pegged USDT token on the Algorand and EOS blockchains. Effective immediately, Tether will no longer issue new USDT tokens on Algorand and EOS.
Tether's USDT supply is growing at its fastest rate on the Telegram-linked The Open Network (TON) blockchain. According to Tether's transparency page, the stablecoin issuer has issued $580 million worth of USDT tokens on the blockchain, and its net circulation sits at $519 million as of press time.
Could Tether's USDT collapse trigger the greatest crypto crash ever? With mounting concerns and speculation, it's time to ask if your investments are safe from this looming threat.
Binance has completed the conversion of BEAM, BCD, GO, NSBT, and SGB token balances to USDT, based on holdings as of December 26, 2023.
Tether's USDT stablecoin has undoubtedly taken off on the Open Network (TON), having seen a recent surge in activity. Beyond USDT's success, the TON blockchain itself is experiencing explosive growth.
The Telegram-linked blockchain network has recently soared in popularity alongside in-app mini-games and native cryptocurrency.
The company behind the largest USD-pegged stablecoin in terms of market cap has announced a shift in strategy towards community-driven blockchains.
Tether and Uquid launch the 1USD₮ store, showcasing the practical use of USD₮ in everyday transactions through a Web3 E-commerce platform.
At Tether, they claim to be deeply committed to maintaining a robust and innovative blockchain ecosystem for USD₮ and all other tokens we issue.
As of June 24, Tether's month-over-month supply has risen by less than 1.5%, down from over 5% in April and May.
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand, starting June 24.
Cardano fans flood Tether's announcement, making a bold case for USDT on their chain as the stablecoin giant reshuffles its blockchain support.
Tether Operations Limited has announced a partnership with Uquid, a Web 3 e-commerce platform, to launch the “1 USDT” store. This innovative project aims to demonstrate the practical application of USDT in everyday transactions and digital commerce.
Tether is stopping USDT minting on Algorand and EOS due to low usage, while continuing redemptions for 12 months and focusing on more popular blockchains.
Tether, one of the main issuers of stablecoin in the world of cryptocurrencies, recently announced the end of minting USDT on the EOS and Algorand platforms. While the news has generated discussions among users and investors, the long-term implications could lead to a more focused and efficient cryptocurrency market.
Tether announced its decision to immediately discontinue support for the EOS and Algorand blockchain implementations of USDT on June 24.
The crypto firm behind the largest USD-pegged stablecoin by market cap says it is shifting focus to community-driven blockchains. According to a new press release from Tether, the firm behind USDT, the company always takes “community interest” into consideration when evaluating a blockchain.
Tether disclosed that redemption of existing USDT tokens would end after the next 12 months.