USDT Archives - cryptosignals.org

April 26, 2024

Tether’s USDT Exchange Balance Soars as Stripe Announces USDC Payments

In a notable development for the cryptocurrency market, Tether’s USDT has reached its highest exchange balance in a year, indicating a growing trust in the largest stablecoin by market capitalization. The 7-day moving average of USDT held by exchanges surged to $568 million earlier this month...

#NEWS #Stablecoin #Stripe #Tether #USDC #USDT

March 04, 2024

Tether Unveils Official USDT Recovery Tool with $100 Billion Market Cap Achievement

Tether introduces a tool for transferring USDT between blockchains, achieving a market cap milestone of $100 billion amidst robust growth. Tether, the issuer of the world’s largest stablecoin USDT, has launched an official recovery tool designed to assist users in transferring their USDT hold...

#Blockchains #Tether #USDT

January 31, 2024

Tether Posts Record Profit and Reserves in Q4 2023

Tether, the issuer of the widely-used USDT stablecoin, has reported a staggering financial performance in its latest attestation report conducted by global auditing firm BDO. The report, released today, reveals that Tether achieved an unprecedented net profit of $2.9 billion during the fourth quart...

#NEWS #Stablecoin #Tether #USDT

November 01, 2023

Tether Reports Surge in Reserves, Strives to Eliminate Secured Loans

Tether, the leading issuer of the widely used stablecoin USDT, has unveiled its Q3 2023 report, showcasing robust financial health but with a looming challenge. As of September 30, 2023, Tether boasts a staggering $86.4 billion in assets to back its tokens, dwarfing its liabilities of $83.2 billion...

#NEWS #Stablecoin #Tether #USDT

August 06, 2023

Tether Secures Victory in Class Action Lawsuit

Tether, the issuer of the USDT stablecoin, has announced a legal victory in a class action lawsuit that challenged its claims of being fully backed by U.S. dollars. The lawsuit, which was filed in December 2021 by two plaintiffs, Matthew Anderson and Shawn Dolifka, alleged that Tether misrepresente...

#CRYPTOCURRENCY #NEWS #Tether #USDT

June 13, 2023

Tether Emerges Victorious as USDC Struggles Amid Crypto Crackdown

Amid America’s ongoing war on crypto, the stablecoin ecosystem has experienced a seismic shift, revealing a clear divergence between the top two issuers. Tether, the indisputable leader of the stablecoin market, has recently reached an all-time high supply of 83.36 billion USDT, a feat proudl...

#CRYPTOCURRENCY #Stablecoin #Tether #USDC #USDT

March 17, 2023

Best Stablecoins for Investment in 2023

The fiat and cryptocurrency markets can be connected with the help of stablecoins. This, fortunately, reduces the volatility of cryptocurrencies for investors while at the same time offering better interest rates than one can get from the savings accounts of a traditional banking system. While we s...

#BUSD #Stablecoin #USDT

February 08, 2023

Tron Hosts 50% of All USDT: Patrick Dynamo

Tron, a blockchain-based platform, has been making waves in the DeFi space recently. The platform’s stability and growth have been attracting attention and investment from major players in the crypto world. According to a tweet by Patrick Dynamo Defi, the founder of Dynamo Defi Analytical Space, Tr...

#CRYPTOCURRENCY #NEWS #TRON #TRX #USDT