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news-imageJune 22, 2023

Tether and Kava Join Forces: USDT Tokens Propel DeFi's Future

Tether Operations Limited( Tether), the driving force behindtether.to and the world's most extensively espoused stablecoin, lately unveiled its plans to bringU.S. bone – pegged Tether commemoratives( USDT) to the Kava blockchain. Kava, known for its scalability and high- speed deals, is a subcaste- 1 blockchain that combines the inflexibility of the Ethereum virtual machine with the interoperability of the Cosmos software development tackle.
Publisher: The Currency Analytics
Sentiment: Positive
KAVA
USDT

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Tether Flows to Exchanges Fall – Traders Reluctant to Deploy Capital

The cryptocurrency market is currently experiencing a period of caution, with one of the most significant signs being the drop in Tether (USDT) flows to exchanges. This trend indicates that traders are becoming increasingly hesitant to deploy capital into the market, especially as altcoins continue to struggle.

Positive
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Tether and Circle Just Minted $1.25B— How Will This Impact Crypto Markets?

TL;DR Tether and Circle minted $1.25 billion in stablecoins, increasing liquidity and enhancing market stability. The influx of stablecoins may positively impact market sentiment and attract more investors and traders. Regulatory scrutiny and transparency are crucial as Tether and Circle continue their significant minting activities. Tether and Circle have collectively minted $1.

Positive
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Tether Co-Founder Reeve Collins Backs New Stablecoin Project

Tether Co-Founder Reeve Collins is reportedly backing a new stablecoin project called Pi Protocol that will be backed by yield-bearing real-world assets like bonds. The new stablecoin is expected to debut on the Ethereum and Solana blockchains in the second half of the year, Bloomberg reported Tuesday (Feb. 18).

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