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news-imageDecember 7, 2024

Tether minted 19 billion USDT in a month, and the crypto market is worried

Tether minted an additional $2 billion in USDT in the late hours of December 6, concluding a month-long minting spree that has added $19 billion in liquidity to the crypto market. This has stirred up a growing concern from the crypto market, which is questioning the company's transparency.
Publisher: Cryptopolitan
Sentiment: Negative
USDT

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cover-imageThe Currency Analytics
December 11, 2024

Tether Leads Stablecoin Market with 109M Wallets in Q4

Tether (USDT), the world's largest stablecoin by market capitalization, continues to dominate the cryptocurrency landscape, reporting a staggering 109 million wallets holding USDT in its latest quarterly report. This figure not only exceeds the number of Bitcoin wallets but is fast approaching Ethereum's 128 million wallets, cementing USDT's position as the leading stablecoin in the crypto ecosystem.

Positive
cover-imageCryptoSlate
December 10, 2024

Tether's USDT stablecoin integrates into Abu Dhabi's financial ecosystem

Tether's USDT stablecoin has been approved as an Accepted Virtual Asset (AVA) by the Abu Dhabi Global Market (ADGM), according to a Dec. 10 statement. The landmark decision, granted by the Financial Services Regulatory Authority (FSRA), allows licensed entities within the jurisdiction to offer services involving USDT under ADGM's regulatory framework.

Positive
cover-imageCryptopolitan
December 10, 2024

Tether's USDT receives FSRA approval for ADGM operation in UAE

Tether announced that its stablecoin, the USD₮ has been accepted as a virtual asset (AVA) by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). This means that authorized persons who operate and are licensed by the FSRA, ADGM's regulatory body can offer pre-approved services related to USD₮.

Positive
cover-imageBitcoin
December 9, 2024

109 Million Wallets Hold USDT: Tether Reports

The report underscores USDT's pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether's second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024.

Positive
cover-imageThe Currency Analytics
December 9, 2024

Tether Issues 19 Billion USDT Tokens in Just 28 Days

Tether, the world's largest issuer of stablecoins, has significantly increased the supply of its USDT tokens in the past month. Over the last 28 days, the company has minted a staggering 19 billion USDT tokens on the Ethereum and Tron blockchains.

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