Tether Launches Blockchain Recovery Tool As Stablecoin Circulation Hits Record $100 Billion

Tether Holdings’ USDT stablecoin token has reached a significant milestone by briefly surpassing $100 billion in circulation and market capitalization, making it the first stablecoin to reach this size.

129 +

Stablecoin market cap hits $141B: What it means for you

The stablecoin market cap hit a 15-month high of $141 billion. USDC's market cap growth outpaced USDT. In what was a sign of a clear bullish sentiment, the global stablecoin value recovered The post Stablecoin market cap hits $141B: What it means for you appeared first on AMBCrypto.

141 +

Stablecoin Adoption Rises as Tether (USDT) Market Cap Hits New High – Breaking $90 Billion.

In December 2023, Tether (USDT) hit a new high with a market cap of around $90 billion, securing a dominant 70% share in the stablecoin market. This milestone reflects the growing prominence of Tether and stablecoins in the digital economy.

240 +

Solana price prediction as Shiba Memu presale price hits 0.037900 USDT

Solana (SOL) continues to shine as one of the strongest contenders in the last quarter of 2023, while the meme token Shiba Memu (SHMU) emerges as an intriguing player. With the presale price of SHMU hitting 0.

58 +

Tether (USDT) On Exchanges Hits 6-Month High – Here’s What’s Driving This Sudden Stablecoin Accumulation

Santiment is reporting an interesting trend around the stablecoin Tether (USDT) that could have implications for the broader crypto market. Over the past few months, the amount of Tether on exchanges has increased substantially, going from accounting for 17.

176 +

Bitcoin and Tether Whale’s Accumulation Hits 6 Week High, Signals Bullish Sentiment

The cryptocurrency market is abuzz with the latest developments involving Bitcoin and Tether (USDT) whales and sharks, who are showing a strong accumulation trend. These large holders, with 10 to 10,000 Bitcoin in their wallets, have now accumulated their highest Bitcoin holdings in 2023, totaling 13.

144 +

Cardano Sees Insane Growth As SundaeSwap Hits Major Milestone, Signaling Surging Adoption for ADA

Near the overhead resistance level, the ADA/USDT pair has been trading in a constrained range. This suggests that both bulls and bears are unsure of the path forward. Meanwhile, SundaeSwap, one of the most well-known DEXes on Cardano, just crossed the milestone...

958 +

USDT Dominance Hits Highest Level Since May 2021, While USDC Slumps

Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share. USDT Dominance Has Grown To A Value Of 67. 6% Now According to data from the on-chain analytics firm Glassnode, the relative supply dominance of USDT has continued to increase recently.

197 +

Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High

Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm.

91 +

Bitcoin Coinbase premium index hits record levels

Definition The percent difference between Bitcoin’s Coinbase Pro price (USD pair) and Binance price (USDT pair). The post Bitcoin Coinbase premium index hits record levels appeared first on CryptoSlate.

186 +

Majority of stablecoins re-store peg as USDT dominance hits 58%

Quick Take Over the past few days, stablecoins lost the peg to $1; the main headline was USDC. The post Majority of stablecoins re-store peg as USDT dominance hits 58% appeared first on CryptoSlate.

214 +

Tether Hits Back at WSJ, Claims Its USDT Loans Are ‘Overcollateralized’

Tether has stated that its secured loans are heavily collateralized in response to a recent report claiming Tether-led trouble in the sector. The post Tether Hits Back at WSJ, Claims Its USDT Loans Are ‘Overcollateralized’ appeared first on BeInCrypto.

179 +

Tether FUD panic calls on USDT, investors see shorting opportunity

Due to Tether FUD, more people are shorting USDT, which has resulted in a sharp rise in the APY for USDT Borrow. The Compound USDT Borrow rate hits 38%, while the Aave USDT borrow rate reaches 12.71%. Amid FTX speculation,…

263 +

Tether (USDT) Hits Back against Media Misinformation

Tether is asserting that Bloomberg is misinforming the public about USDT. They have been targeting the issuer of USDT with a slew of bad media coverage.

578 +

BNB hits new ATH against BTC— who is working behind the scenes?

Binance exchange cryptocurrency [BNB] reached a new all-time high (ATH)  on 29 July. No, it hasn’t surpassed its 2021 levels against the Tether [USDT], but as of 29 July, BNB crossed to an ATH agaiThe post BNB hits new ATH against BTC— who is working behind the scenes? appeared first on AMBCrypto.

187 +

USDT records new all-time high against Russian ruble as inflation hits

As an immediate countermeasure against the rising inflation of its fiat currency, the Russian central bank doubled key interest rates on Monday, from 9.5% to 20%.

242 +

Tether (USDT) Market Cap Surpasses $70 Billion, Majority Issued on Tron Blockchain

As the price of Bitcoin hits a new all-time high of $67,000, the market cap of the largest stablecoin, Tether (USDT), has gone to surpass $70 billion in market cap. The majority of Tether’s 70 billion supply, 51.

168 +

On-Chain Analysis: Stablecoin Supply Ratio Hits Record Low

A look at on-chain indicators, more specifically the Stablecoin Supply Ratio (SSR) and Tether (USDT) supply on exchanges. The post On-Chain Analysis: Stablecoin Supply Ratio Hits Record Low appeared first on BeInCrypto.

92 +

USDT Supply on Tron Surpasses Ethereum as Tether Hits $50 Bln in Market Cap

High fees on Ethereum push more USDT Flow onto Tron, which now has almost $26 billion USDT issued on it compared to $24.42 billion USDT circulating on the Ethereum blockchain. The post USDT Supply on Tron Surpasses Ethereum as Tether Hits Bln in Market Cap first appeared on BitcoinExchangeGuide.

286 +

Tether (USDT) hits $50 billion market cap as institutional interest grows

Tether’s market capitalization crossed $50 billion on Monday as the crypto market keeps showing signs of a bull run. This means that the token’s market cap has grown by over a factor of 10 since the past year.

173 +

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.

174 +

Stablecoin Giant Tether Sets New Record as USDT Market Cap Hits $40 Billion

World's largest stablecoin Tether has recorded a significant milestone as its market cap grew six percent from last month. The company announced on its issuer's transparency page that it had surpassed $40 billion in market capitalization.

210 +

Largest stablecoin Tether (USDT) hits $40 billion market cap

According to data from market aggregator CoinMarketcap Tether’s USDT stablecoin has surpassed $40 billion in market capitalization. This has further improved its standings as the largest stablecoin in the world.

111 +

Tether Issuance Hits $25 Billion as USDT on Exchanges, DeFi Reaches New High

164 +

USDT Number of Exchange Withdrawals Hits 5-Month Low: Analysis

Glassnode analytics data shows that USDT on-chain fundamentals to do with wallets and coins withdrawn from exchanges are showing major declines

161 +

Crypto “Reserve Currency,” Tether (USDT) Hits a $10 Billion Market Cap

Weeks ago, NewsBTC reported that the market capitalization of leading crypto stablecoin Tether (USDT) was on track to $10 billion. This week, after a large minting of coins, the milestone was reached.

268 +

Number of New USDT Wallets Hits New ATH, Meanwhile XRP Recaptures Top 3 Spot from Tether

XRP has pushed Tether back, recovering its top-3 spot. Still, more people seem to be rushing to set up wallets to support the most popular stablecoin via adoption

124 +

Tether Is Abandoning Bitcoin with 300 Mln USDT-Omni Transferred to Ethereum Blockchain

Tether Treasury has transferred 300 mln USDT to Binance as part of a chain swap between USDT Omni and ERC-20 while the Tron-USDT circulating amount hits 800 mln

143 +

Algo Capital’s Managing Partner speaks out after $2 million USDT hack hits firm

If it is not Bitcoin or Ethereum, making a quick name for itself can be a difficult task in the crypto-industry for any coin. Despite the fact that many crypto-projects launch every day, very few sustain themselves for a commanding period of time in the market.

206 +

Binance Open Interest on Futures Testnet Hits $150M USDT in 24hrs

Binance has launched its futures markets in a closed invitation-only mode. Following a testing period on its two futures platforms, the leading exchange marked significant interest. Trading volumes reached $150 million, denominated in Tether (USDT).

279 +

Tether’s market cap hits an ATH of $4 billion; Bitcoin pumps correlated?

Long have there been rumours regarding Bitcoin’s price and Tether. Are they true though? One can only speculate. Tether’s total circulating supply right now is approximately 200 million USDT short of reaching 4 billion.

156 +

Bitcoin Price ‘Coiling Up’ For $10K, Says Max Keiser As Tether Hits Record $3B Market Cap

Bitcoin industry figures are throwing their weight behind predictions Bitcoin price will reach $10,000 soon as Tether’s market cap passes $3 billion. $10K BTC Next? Stablecoin Tether, whose issuing company has continued its activities as normal despite an ongoing US court case, increased its supply by 100 million USDT tokens May 24.

239 +

Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Crypto News – 25 May – Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more Don’t forget to follow#Facebook #USDT #CryptocurrencyNews #Tether #cryptonews pic.

182 +

Bitfinex/Tether hits back at NY AG; says Martin Act action will not hold as USDT falls outside statute’s reach

The drama of the NY Attorney General and Bitfinex/ Tether drama has taken a turn as iFinex Inc. , BFXNA, BFXWW Inc. , and Tether Unlimited released a new document. The 30-page memorandum of law stated that the Attorney General “will not succeed” further questioning its basis on The Martin Act.

169 +

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.

238 +

Dogecoin Hits the Big Leagues: Elon Musk’s Favorite Cryptocurrency Now Listed by Huobi

Veteran exchange Huobi announced today that it would be listing three pairs for Dogecoin: DOGE/BTC, DOGE/ETH, and DOGE/USDT. When Moon? Dogecoin recently experienced a significant pump but has corrected on its BTC peg in the interim.

235 +

USDT Price Hits $1 Again but Only on Bitfinex

It would appear Tether’s stability struggles are not over just yet. The current still remains below $0. 97 for the second day in a row, and it seems retaking the $1 level will be challenging.

141 +