USDT

Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs.

US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report
The firm was removed even after its controversial founder Kyle Roche filed to withdraw from the case.

Tron Partners With Dominica to Issue National 'Fan Token'
The Caribbean island's government may accept native Tron tokens such as TRX and USDT for public payments including taxes, under a new ordinance.

Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse
USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.

Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says
Researchers at the Federal Reserve Bank of New York published a new paper claiming Circle's USDC stablecoin poses a risk to the broader financial system.

Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.

Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to a lawsuit that alleges unbacked USDT issuances have caused $1.4 trillion in damage to the market.

Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It
Surprisingly, Circle’s CEO expects USDC to benefit from getting booted from Binance, while market insiders predict a better trading experience.

Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC
The action effectively removes the world's second-biggest stablecoin, USD coin, as a tradable asset on Binance's giant platform.

Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
The USDT issuer's market cap has fallen to $66.1 billion from $82.2 billion in two months.

