USDT
Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules
The 2021 payment to Tether's bank Deltec International was originally approved by FTX's Ryan Salame.
Tether Was a Client of Signature Bank's Signet: Bloomberg
Tether CTO Paolo Ardoino, in response to the Bloomberg article, denied the company has exposure to Signature Bank.
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Rival stablecoin tether (USDT) has reached its largest market share since May 2021 and now represents 60% of all stablecoins in circulation.
Binance's Bitcoin Trading Volume Hits Lowest Level in 8 Months Following Termination of Zero-Fee Trading
Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid-March prior to the decision to eliminate the promotion.
Telegram Users Can Now Transfer USDT Through Chats
USDT has been added to the @wallet bot on Telegram, expanding the messaging app's facility for buying and selling crypto.
Smart Money Staying Put as USDC Remains Off Peg
Data from Nansen shows the total amount held by smart money wallets, and active addresses, are at multi-month lows.
DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto
MakerDAO’s decentralized stablecoin hit an all-time low of 88 cents in Asian afternoon hours on Saturday.
USDC Stablecoin Depegs, Crypto Market Goes Haywire After Silicon Valley Bank Collapses
USDC's normally stable price sank to 87 cents from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed.
