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news-imageMay 9, 2024

Ethena Partners With Bybit, Is This An “Attack” On USDT And USDC?

In a post on X, one analyst now claims traditional fiat-backed stablecoins like USDT and USDC should prepare for a “major” attack due to the increasing popularity of Ethena's USDe. The warning follows Ethena and USDe's integration with Bybit, a crypto exchange allowing perpetual trading.
Publisher: Bitcoinist
Sentiment: Positive
USDC
USDT

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Positive
cover-imageThe Currency Analytics
November 26, 2024

Tether Mints $3B USDT, Boosting Crypto Market Liquidity

Tether has minted an impressive $3 billion worth of USDT stablecoins in a recent move that is expected to boost liquidity across cryptocurrency markets. The majority of this issuance, $2 billion, was made on the Ethereum blockchain, while $1 billion was issued on the Tron network.

Positive
cover-imageCoinspress
November 24, 2024

Cantor Fitzgerald Now Holds $600 Million Stake in Tether

Howard Lutnick, CEO and majority owner of Cantor Fitzgerald, has been nominated as Commerce Secretary by President-elect Donald Trump. Lutnick's potential appointment signals a possible pro-crypto shift in U.S. policy, given his involvement with blockchain and digital asset initiatives.

Positive
cover-imageThe Currency Analytics
November 22, 2024

TRON's USDT Dominance and Its Impact on TRX Price Growth

TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

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