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Tether updates, transparency reports, and insights into the role of stablecoins in global finance.

Stablecoins

Binance CEO highlights USDT growth amidst rival issues

USDT's supply has grown by more than 10% in the last 30 days to $76.97 billion, according to CryptoSlate data.

3 years ago

Stablecoins

USDC in circulation fell over 10% since de-peg event

Meanwhile, the largest stablecoin by market capitalization USDT has experienced an 8.7% increase in supply.

3 years ago

Stablecoins

Tether’s circulating supply reaches 10-month high of $74B

Tether USDT's supply has grown by 10% in the current year while USDC, BUSD, and DAI supplies shrank.

3 years ago

Exchanges

Russian exchanges exposed in crypto-for-cash scandal

Transparency International named 8 Russian crypto exchanges willing to facilitate anonymous crypto for cash trades in London.

3 years ago

Stablecoins

Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

As of press time, almost all of the big stablecoins are struggling with maintaining their peg except for Tether's USDT, which is trading slightly above its peg at $1.01.

3 years ago

Regulation

Tether denies WSJ allegations of falsified bank documents

The stablecoin firm called an earlier report "wholly inaccurate and misleading."

3 years ago

DeFi

Traders turn to USDT as BUSD dominates heavily imbalanced Curve liquidity pool

The BUSD V2 dashboard shows that the embattled stablecoin accounted for roughly 81% of the pool's $12.85 million reserve, while USDT made up 4%.

3 years ago

Stablecoins

Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves

Tether reported that it held assets worth $67.04 billion as of Dec. 31 — the assets included $39.2 billion of U.S. Treasury bills.

3 years ago

Stablecoins

Tether reports $700M profit for Q4’22

Tether said it has an excess reserve of at least $960 million as of Dec. 31. Its total assets stood at $67.04 billion, while its liabilities were $66.08 billion.

3 years ago