Tether
Stablecoin Surge: Tether's Headroom for Growth
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
What Visa’s ‘Organic’ Stablecoin Report Misses
A new metric co-developed by the payments giant says only 10% of stablecoin transactions in April were “real” or “organic.” But the methodology appears to leave out some key use cases.
Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report
The stablecoin market supply currently stands at about $150 billion.
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as a Washington court received 161 letters of support for Binance co-founder Changpeng “CZ” Zhao. Plus, crypto markets are in the red amid renewed fears of U.S. stagflation and Tether invested $200 million to acquire a majority stake in brain-computer interface company Blackrock Neurotech.
Tether Buys $200M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
The investment will fund the roll-out and commercialization of the company's medical devices.
Why USDT Dominates Supply With Lower Transaction Volume
Visa launched a stablecoin dashboard that shows the outstanding supply of fiat-backed tokens at an all-time high, with Tether’s USDT dominating. While USDT dominates supply, when it comes to transaction volume, USDC takes the number one spot. Find out why "Crypto Is Macro Now" newsletter author, Noelle Acheson says this could be. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
DOJ Wants CZ to Serve 3 Years in Prison; Tether to Freeze Wallets Evading Venezuelan Sanctions
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the U.S. Department of Justice said that Binance founder Changpeng "CZ" Zhao should spend three years in prison for his guilty plea. Plus, Nigeria’s Central Bank has directed financial institutions to identify persons or entities transacting in or operating with Bybit, KuCoin, OKX, and Binance. And, Tether has said it will freeze wallets that are using USDT to evade sanctions on oil exports in Venezuela.
Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
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.
Number of Stablecoin Holders Nears 100M Mark, Data Show
The number of addresses holding stablecoins has risen 15% this year, according to data source rwa.xyz.
