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    Tag: usdt

    USDC and BUSD Record Mass Redemptions as Stablecoin Economy Shrinks by $7.3 Billion in 2023

    Since the start of this year, the crypto economy has grown by 41.77% and currently has a market capitalization of $1.17 trillion. However, during this period of growth, the stablecoin economy suffered a significant loss of $7.3 billion in just 140 days.

    5 Most Discussed Cryptocurrencies in Twitter

    Cryptory.net - There is never a dull day in the crypto space as there is always chaos and volatility about tokens of every kind.

    USDT Dominates Market As USDC Outflows Surpass $10B

    Cryptory.net - Crypto users are fleeing Circle's stablecoin USDC and switching to Tether's USDT, which is reaching the highest market share over the past 22 months.

    Telegram Adds USDT Transfers To Chat Bot

    Messaging app Telegram added USDT to its @wallet bot, expanding the messaging app's facility for buying and selling crypto

    Mastercard Supports Stablecoin Payments in the Asia-Pacific

    Mastercard has entered a partnership that will allow retail customers in the APAC region to spend their stablecoins anywhere that Mastercard is accepted.

    BUSD Stablecoin Drops from Top 10 Crypto Assets, USDT Remains Its Position

    The stablecoin battle is becoming fiercer than ever as Binance USD (BUSD) fell out of the top 10 by capitalization. Meanwhile, Tether (USDT) holds more than 50% market share. But will this ratio be maintained as other competitors are not inferior?

    Tether Settlement Volume in 2022 Surpasses Visa and Mastercard

    Tether has overtaken the largest payment networks in terms of transaction volume, according to a Jan 14 tweet.

    Japan to Lift Ban on Foreign Stablecoins Like USDT in 2023

    Japanese regulators are expected to remove some major crypto restrictions regarding the use of stablecoins such as Tether (USDT), USD Coin (USDC).

    Tether Under Investigation Again, Bitcoin Falls Slightly

    Cryptory.net - The stablecoin Tether (USDT) has become the focus of attention when falling under regulator spotlight again.