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Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?

Binance ties SAFU fund to USDC: Is the fund missing out on potential gains? 2024-05-02 at 17:01 By Cointelegraph by Daniel Ramirez-Escudero Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin. This article is an excerpt from Cointelegraph.com News View Original Source

Binance ties SAFU fund to USDC: Is the fund missing out on potential gains? Read More »

Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold

Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold 2024-05-01 at 16:01 By Cointelegraph by Zoltan Vardai The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits. This article is an excerpt

Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold Read More »

Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa

Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa 2024-04-29 at 17:01 By Cointelegraph by Zoltan Vardai Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market. This article is an excerpt from Cointelegraph.com News View Original Source

Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa Read More »

US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion

US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion 2024-04-29 at 17:01 By Cointelegraph by Andrew Singer The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult. This article is an excerpt from Cointelegraph.com News View Original Source

US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion Read More »

Turkey tops the world in stablecoin buying share vs. GDP

Turkey tops the world in stablecoin buying share vs. GDP 2024-04-25 at 16:02 By Cointelegraph by Helen Partz Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis. This article is an excerpt from Cointelegraph.com News View Original Source

Turkey tops the world in stablecoin buying share vs. GDP Read More »

Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions

Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions 2024-04-23 at 18:02 By Cointelegraph by Gareth Jenkinson USDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after sources claim Venezuela’s state-run oil company is using USDT to facilitate oil exports. This article is an excerpt from Cointelegraph.com News

Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions Read More »

Tether issued on TON blockchain at a ‘great start’ says CEO — now at $60M

Tether issued on TON blockchain at a ‘great start’ says CEO — now at $60M 2024-04-22 at 07:01 By Cointelegraph by Martin Young Tether announced the collaboration with the TON Foundation just two days earlier at Token 2049 event in Dubai, with $60 million of USDT now issued on the blockchain. This article is an

Tether issued on TON blockchain at a ‘great start’ says CEO — now at $60M Read More »

New Telegram mini-apps will be so convenient users won’t know it’s crypto

New Telegram mini-apps will be so convenient users won’t know it’s crypto 2024-04-19 at 22:01 By Cointelegraph by Derek Andersen TON Foundation’s Justin Hyun tells Cointelegraph about the benefits of Tether’s launch on the TON chain. This article is an excerpt from Cointelegraph.com News View Original Source

New Telegram mini-apps will be so convenient users won’t know it’s crypto Read More »

USDT aims to offer a lifeline to inflation-stricken nations: Tether CEO

USDT aims to offer a lifeline to inflation-stricken nations: Tether CEO 2024-04-19 at 17:02 By Cointelegraph by Zoltan Vardai Unlike other stablecoin issuers, Tether says it is focused on offering stablecoin services to the world’s unbanked, which amounts to over 300 million people. This article is an excerpt from Cointelegraph.com News View Original Source

USDT aims to offer a lifeline to inflation-stricken nations: Tether CEO Read More »

Tether USDT stablecoin goes live on TON blockchain

Tether USDT stablecoin goes live on TON blockchain 2024-04-19 at 15:02 By Cointelegraph by Helen Partz Tether and Telegram’s Web3 ecosystem are coming closer together with USDT and XAUT launch on the TON blockchain. This article is an excerpt from Cointelegraph.com News View Original Source

Tether USDT stablecoin goes live on TON blockchain Read More »

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply 2024-04-18 at 09:02 By Cointelegraph by Martin Young Binance’s billion-dollar emergency fund was previously held in three wallets — held in Bitcoin, Tether, True USD, and BNB. This article is an excerpt from Cointelegraph.com News View Original Source

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply Read More »

Stablecoin competition crucial for regulatory engagement — Tether CEO

Stablecoin competition crucial for regulatory engagement — Tether CEO 2024-04-17 at 12:02 By Cointelegraph by Gareth Jenkinson Tether CEO Paolo Ardoino says adding new players to the stablecoin landscape is crucial to increasing legitimacy in the eyes of regulators. This article is an excerpt from Cointelegraph.com News View Original Source

Stablecoin competition crucial for regulatory engagement — Tether CEO Read More »

Stablecoin delistings in Europe spell change for crypto exchanges, issuers

Stablecoin delistings in Europe spell change for crypto exchanges, issuers 2024-03-29 at 16:02 By Cointelegraph by Andrew Singer The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent. This article is an excerpt from Cointelegraph.com News View Original Source

Stablecoin delistings in Europe spell change for crypto exchanges, issuers Read More »

Tether helps US DOJ and FBI recover $1.4M in stolen funds

Tether helps US DOJ and FBI recover $1.4M in stolen funds 2024-03-12 at 18:03 By Cointelegraph by Tristan Greene The U.S. Attorney’s Office says this is among the first times the U.S. has recovered USDT from an unhosted virtual currency wallet. This article is an excerpt from Cointelegraph.com News View Original Source

Tether helps US DOJ and FBI recover $1.4M in stolen funds Read More »

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