Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Circle Internet Financial's stablecoin, USDC, now surpasses Tether's USDT in transaction volume. Recent data from payment giant – Visa, developed with Allium Labs, shows that USDC is leading in the competitive stablecoin market.
Circle's USDC stablecoin has overtaken Tether's USDT in transaction volume in 2024 based on Visa crypto payments data. The post Circle's USDC pulls ahead of Tether's USDT in transaction volume — Visa appeared first on Crypto Briefing.
Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegations, and Nubank expands its crypto functionality in Brazil.
The Tether market cap share is at 70.04%. The closest second is USDC at 21.36% of the stable token market capitalization.
Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim's wallet.
Stablecoins defied the overall April market slump and surged 4.7%, led by USDT, but USDC stalled
USDT held by exchanges surge as market participants sideline following the market's tumultuous start to Q2.
Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.
XRP price is trading within a lethargic atmosphere characterized by constricted lock-step price action on the upside and profound movement downwards. The cross-border money remittance token although up a modest 1.1% in the last 24 hours, has lost 0.5% of its value in the last hours to $0.52.
Ripple has switched its on-demand liquidity services for U.S. customers from XRP to Tether's USDT stablecoin.
It offers a fully non-custodial, multi-chain, and multi-asset framework that is highly customizable. The platform stands out for its versatility and user-friendliness.
In a groundbreaking move for the world of cryptocurrency, Tether, the leading stablecoin issuer, has joined forces with Telegram's TON blockchain, issuing a staggering $60 million worth of USDT in the first days of their integration. This partnership marks a significant milestone in the evolution of digital finance, with implications for seamless cross-border payments and the broader cryptocurrency ecosystem.
The 7-day moving average of the change in Tether's USDT held by exchanges reached $568 million — its highest level in a year.
This decisive action underscores the cryptocurrency sector's growing responsibility for global financial compliance. The move reported that PDVSA increased its use of Tether's USDT to bypass U.S. sanctions on its oil exports.
Tether, the company behind the world's largest stablecoin USDT, announced a significant reorganization and expansion strategy to broaden its influence in the other areas of digital assets.
Paulo Ardoino, CEO of Tether, issuer of USDT stablecoin, recently took to social media to unveil impeccable details about the forthcoming digital asset tokenization platform. In addition, Ardoino teased the beta launch of the platform, which can be expected anytime soon.
Discover how Crypto Scammers exploit Ethereum nodes and USDT to deceive crypto users and learn essential tips to protect yourself against these crypto scams.
In a move that could reshape the landscape of global finance, Tether, a leading stablecoin issuer, has announced stringent measures against the use of cryptocurrency to evade sanctions in Venezuela. The decision comes in the wake of escalating tensions surrounding Venezuela's oil exports and the reimposition of sanctions by the United States.
According to an S&P report, a bipartisan stablecoin bill may give banks an advantage over other institutions and incentivize competition in the digital asset custody business.
Ripple's legal battle with the SEC has forced them to switch from XRP to stablecoin USDT for US-based ODL transactions.
The latest stablecoin bill, if passed, could embolden banks to step into the stablecoin market, according to S&P Global Ratings.
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
PDVSA's adoption of USDT has surged since the U.S. reinstated sanctions amid concerns about Venezuela's upcoming election.
Tether has announced plans to freeze addresses associated with sanctioned entities, following reports that Venezuela's state-run oil company was using the stablecoin to bypass sanctions.
