Tether (USDT) active addresses on TRON (TRX) and Ethereum (ETH) Hits 6 Million

Data from CoinMetrics shows that total active addresses for Tether (USDT) stablecoin have surpassed 6 million. Founder of Tron and Chief Executive Officer of BitTorrent, Justin Sun, commented on the growth of the platform.

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Jeremy Allaire: ‘USDC is halfway to flipping PayPal’

USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins.

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Tether co-founder thinks Bitcoin can go up by 300%-500%

While speculators have speculated about Tether’s credibility all along, the stablecoin has managed to cut through all the noise and grow. In fact, looking at Tether’s growth makes sense, consideriThe post Tether co-founder thinks Bitcoin can go up by 300%-500% appeared first on AMBCrypto.

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Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020

Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to BitcoinThe post Did Tether dominate the stablecoin market again? Here's the stablecoin report for 2020 appeared first on AMBCrypto.

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What the drop in Tether's supply means for Bitcoin's price

Tether’s market capitalization has mushroomed from $2 billion in February 2019 to $20 billion, at the time of writing. What went behind this 10x growth varies across a host of factors, namely, the iThe post What the drop in Tether's supply means for Bitcoin's price appeared first on AMBCrypto.

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Tether Market Cap Jumps $1 Billion in Just 9 Days

Perpetual Growth The US dollar-pegged stablecoin Tether (USDT) grew once again over the last week. While the company claims that each USDT is backed 1-to-1 by a US dollar, it has come under scrutiny in the past.

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Tether (USDT) Market Capitalization Surpasses $17 Bln, Gains 40% in Three Months

Another splendid milestone reached by the most popular stablecoin, the U.S. Dollar Tether (USDT). What is behind its growth?

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Tether's growth confirms this evolving market narrative

While a lot of adoption news has come in for the cryptocurrency market this year, 2020 has been notable for the rise of Decentralized Finance [DeFi]. In fact, by the third quarter of the year, many inThe post Tether's growth confirms this evolving market narrative appeared first on AMBCrypto.

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DAI's growth is crucial to DeFi, here's why

The stablecoins sector has been working behind the scenes and has been witnessing great growth in 2020. Even though Tether was at the top spot in terms of its supply, DAI and USDC were catching up.

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Tether Could Replace Ether Next Year, Despite Ethereum Miners Pushing Network to New Highs

The second-largest network is enjoying immense growth. The average estimated number of hashes per second produced by the miners in the Ethereum network has reached its all-time high, surpassing 250 trillion/second.

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Research Shows Rapid Growth in Demand for Stablecoins

Since the beginning of 2020, the number of Tether addresses with a positive balance tripled, and the emission of all stablecoins taken together exceeded $20 billion.

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Tether to Add Layer 2 Solution, ZK-Rollups, to Reduce Congestion On Ethereum’s Network

Tether announces plans to integrate ZK-Rollups, a second layer solution using zero knowledge proofs to bundle up transactions as one to reduce the burden on Ethereum-based USDt transactions. Integration of Layer 2 solutions is becoming an ever growing concern for Ethereum users after the recent spike in gas fees in tandem with DeFi market growth.

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Ethereum doesn't want to be Bitcoin, and that's okay

Ethereum's growth in the year 2020 has been quite astounding. Not only has the decentralized finance platform built on top of it prospered, but the integration of prominent stablecoins like Tether [USThe post Ethereum doesn't want to be Bitcoin, and that's okay appeared first on AMBCrypto.

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Tether Beats Bitcoin and PayPal in Average Daily Transfer Value

Coinspeaker Tether Beats Bitcoin and PayPal in Average Daily Transfer ValueThe Tether Transparency report showed Tether’s continuous growth in terms of supply. The report revealed that USDT’s supply has now exceeded $13 billion.

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Tether’s (USDT) daily transfer volume goes beyond $3.55 billion

Tether (USDT) has recently seen a major surge in its average daily transfer value. In fact, the growth has exceeded $3. 55 billion as of August 20th, which officially put it ahead of Bitcoin, but also PayPal itself.

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Analyst: Tether (USDT) may actually store more value than Bitcoin

Tether (USDT) has seen extreme growth since the start of the year.

The post Analyst: Tether (USDT) may actually store more value than Bitcoin appeared first on CryptoSlate.

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Tether Jumps to $10 Billion Market Capitalization

Tether has reached $10 billion in market capitalization as growth in 2020 picked up.

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Sizable Portion of Tether’s $4.5B Growth Comes from Exchange Fiat

Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT.

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Tether (USDT) is about to pass Bitcoin’s average daily transaction value

The stablecoin sector has been seeing tremendous growth throughout the past year. The post Tether (USDT) is about to pass Bitcoin’s average daily transaction value appeared first on CryptoSlate.

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Tether Briefly Passes $10 Billion in Market Cap

The Tether (USDT) stablecoin briefly crossed $10 billion in market cap on June 30, continuing its trend of usage and growth in 2020. The token has been criticized by the cryptocurrency community for excessive minting, but the team has said that this has been in response to high demand.

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Tether Crosses $10B, Leaving Competing Stablecoins in the Dust

Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year.

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Tether (USDt) Surpasses US$100 million on Compound as World’s Most Liquid Stablecoin Drives DeFi Growth

ROAD TOWN, British Virgin Islands, June 19, 2020 — Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, and Compound, a decentralized lending market, are spearheading growth in the nascent decentralized finance (DeFi) space as USDT volume on the platform has surged above US$100 million. USDT has grown faster than all rival […]

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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside

XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […]

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Tether emerges as popular choice among Asian, European traders; USDC follows

The larger cryptocurrency market may have had a turbulent time in the market, but stablecoins have been focusing only on growth in 2020. The aggregate stablecoin market cap grew over $10 billion by MaThe post Tether emerges as popular choice among Asian, European traders; USDC follows appeared first on AMBCrypto.

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As Tether Supply Hits Record Highs, It Moves Away From Original Home

Tether growth is hitting new all-time highs across multiple blockchains, but the first protocol to support Tether is being left behind.

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Is stablecoin growth accelerating call for hyperbitcoinization in the market?

The 12 March market crash resulted in stablecoins surging, both in terms of supply and market share. The world's largest stablecoin by market cap, Tether (USDT), has maintained its 4th position on CoiThe post Is stablecoin growth accelerating call for hyperbitcoinization in the market? appeared first on AMBCrypto.

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Tether (USDT) Surpasses XRP's Market Capitalization. What's Driving Its Growth?

Tether (USDT) has already flipped XRP, OnChainFX data shows

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Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc

Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.

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Tether Lauds Market Cap Growth Amidst Cryptocurrency Pandemonium

The cryptocurrency markets are crashing. It seems nothing is safe. Well, almost nothing… Over the last day or so, the entire cryptocurrency market has shed billions in value. One set of digital assets that has not plummeted in terms of their market capitalization, and of course dollar value, is stablecoins such as US Dollar Tether […] The post Tether Lauds Market Cap Growth Amidst Cryptocurrency Pandemonium appeared first on BeInCrypto.

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Bitfinex and Tether CTO to reveal "The Story of Tether” during an industry-first keynote at the CryptoCompare Digital Asset Summit

Tether has fuelled the growth of digital assets since it was founded in 2014 and today accounts for over 75% of all Bitcoin trading volume. At London’s CryptoCompare Digital Asset Summit on the 10thThe post Bitfinex and Tether CTO to reveal "The Story of Tether” during an industry-first keynote at the CryptoCompare Digital Asset Summit appeared first on AMBCrypto.

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Bitrefill CTO claims LN's slow growth not an issue for Bitcoin

After a year of controversy and negative press over the Tether fiasco, Bitfinex recently became the first crypto-exchange to introduce the Lightning Network to facilitate faster Bitcoin payments in thThe post Bitrefill CTO claims LN's slow growth not an issue for Bitcoin appeared first on AMBCrypto.

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Tether Whales Continuously Pumping USDT Into Cryptocurrency Market, Potentially Fueling Growth

Since the beginning of the week, there has been an unusually high number of large Tether (USDT) transfers to cryptocurrency exchanges. With the overall cryptocurrency market witnessing a dramatic recovery last week and still holding strong even now, it appears that several more whales are looking to get in on the action.

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DAI addresses continue to surge; record 27% monthly growth since May

The importance of stablecoins such as Tether has gradually risen in the industry over the past few years, with these fiat-backed digital assets currrently occupying a substantial part of the total market cap.

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Tether records moderate growth in addresses with $10; dominates supply rate over other stablecoins

2019 has been largely regarded as a year of the bulls after collective bullish sentiment drove major cryptocurrencies to a price hike. Besides the bull run, stablecoins were also a major topic of discussion as the community’s attention were grabbed by the Bitfinex-Tether fiasco and the launch of Facebook’s Libra.

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Ethereum is Quickly Running out of Network Capacity

Many different aspects can hinder the growth of a cryptocurrency project. In Etheruem’s case, the concerns primarily revolve around utilizing the network capacity. Statistics provided by Etherscan confirm the network is close to reaching its limit.

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Bitfinex-Tether CTO claims user demand drives USDT distribution as questions raised against Tether swap

The Bitcoin community was relishing in the coin’s performance recently. However, other crypto-enthusiasts appeared skeptical of the king coin’s growth. The suspicion of Tether and Bitfinex’s involvement  in the said surge constantly did the rounds, and with Tether Treasury printing USDT in the name of swaps, this suspicion was strengthened in the community.

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The stablecoin market is booming

During the last 12 months, the stablecoin ecosystem has seen rapid growth. Now several new contenders are challenging market leader Tether, promising new levels of transparency and security.

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EOS announces launch of Tether [USDT] on its blockchain as it receives support from Coinbase

EOS, the fifth largest token on CoinMarketCap was riding the bull as the coin noted a growth of almost 20% after the major fall. The market sentiment was pro-EOS when Coinbase announced support for the coin on its retail site and applications.

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Tether [USDT] fallout buoys competing stablecoin growth, finds Diar report

Tether, the top stablecoin, maintained its vice grip on the stablecoin market, while competing fiat-pegged cryptocurrencies are experiencing steady growth. USD Coin [USDC] and TrueUSD [TUSD], the other top stablecoins, have however surged in recent months, owing to the Bitfinex-Tether episode.

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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future

Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.

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Bitcoin (BTC) tothemoon again, and Tether (USDT) may leave

While supporters of technical analysis are wondering whether the bitcoin will break through the $ 6,000 level, the Corn continues to grow. And it showed already above $ 5800 at the moment more than once.

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E*Trade To Spark Retail Adoption With Rumored Bitcoin (BTC) Trading Feature

Prominent Brokerage To Allow Bitcoin & Ethereum Trading: Sources A new round of Tether (USDT) and Bitfinex ‘FUD’ may have just swept over the market, but the underlying growth of cryptocurrency hasn’t ceased.

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Tether Supply Hits Record High – Here’s What Bitcoin Did Last Time This Happened

Bitcoin price has room for immediate 12 percent growth, according to the latest figures showing current availability of major stablecoin Tether (USDT). USDT Printing Peaks Bitcoin price after correcting from its 2019 high of $5620 earlier this week, currently trades just under $5500.

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US Officials Closely Investigate Tether Role in Bitcoin Price Manipulation

CoinSpeaker US Officials Closely Investigate Tether Role in Bitcoin Price Manipulation Commodity Futures Trading Commission and the U. S. Department of Justice are investigating the role of Tether's stablecoin in artificial inflation of Bitcoin price during last year’s enormous growth.

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Paxos Standard Approaches Tether in the Stablecoin Race with the Market Cap Making over $41M

The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million. The post Paxos Standard Approaches Tether in the Stablecoin Race with the Market Cap Making over $41M appeared first on CoinSpeaker.

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Circle’s Stablecoin USDC Grows and Expands Amid Tether (USDT) Market Turbulence

USDC Grows and Expands Amid Market Turbulence Around Tether USDC was launched just a few weeks ago and it showing a real interest from several users and investors in the market. According to a blog post uploaded by Circle, USDC has experienced significant increases in daily volumes, growth in its global market cap and widespread […]

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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.

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Tether In Controversial Double Spend Attack

Tether is a cryptocurrency with a growing reputation. Very recently, Tether has been noted to have some impact on the value of Bitcoin, in fact research has recently found that Tether has been used to manipulate the price of Bitcoin, bringing into question a whole host of problems and questions.

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