Tag: usdt

Cryptory.net - Tether (USDT) continues to strengthen its position as the largest stablecoin in the market with a new capitalization record.

Cryptory.net - In an effort to improve security and prevent bad actors from abusing USDT, Tether has frozen 161 stablecoin wallets that are sanctioned by OFAC.

Cryptory.net - The ALT2611 tokenized Tether bond from Bitfinex has only achieved 15% of its target fundraising in the two weeks since its launch.

Cryptory.net - Tether and Bitfinex have reached an agreement to resolve their dispute concerning a request made under the Freedom of Information Law (FOIL) by a collective of journalists, which includes Zeke Faux from Bloomberg Businessweek.

Cryptory.net - It seems that many traders sold off Tether’s USDT yesterday in key stablecoin pools on Curve and Uniswap.

Cryptory.net - A new proposal for Hong Kong to issue a stablecoin pegged to Hong Kong dollar to compete with USDT and USDC.

Cryptory.net - Stablecoin Tether has reached a $83.2 billion market capitalization, equaling its previous peak little more than a year ago.

In the past year, the market share of Circle's USD Coin has decreased from 34.88% to 23.05%, while Tether's USDT has gained market share.

Defillama reports that the current market capitalization of stablecoins stands at $129 billion, which is a decrease from the May 2022 figure of over...