USDT


Policy

Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.

Bangkok, Thailand (Noom HH/Getty Images)

Markets

Tether, Circle Vie for Upper Hand in Stablecoin Industry Regulatory Push

A WSJ article delved into the contrasting styles between Tether's Giancarlo Devasini and Circle's Jeremey Allaire.

Coins falling from a jar. (Josh Appel/Unsplash)

Finance

Tether Made 'Unsolicited' Bid for Majority Stake in $1B LatAm Agribusiness Adecoagro

Adecoagro owns farmland and industrial facilities across Argentina, Brazil and Uruguay.

Tether already holds a minority stake in the agricultural commodities producer. (Unsplash/Getty Images)

Finance

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

Plasma (Ramon Salinero/Unsplash)

Markets

Solana Saw 112% Surge in Stablecoin Supply in January With TRUMP Memecoin Frenzy: CCData

This coincided with the launch of Donald Trump's memecoin $TRUMP which caused a wave of inflows to the network

A Solana booth at ethDenver (Danny Nelson)

Finance

Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing

The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.

Tether CEO Paolo Ardoino (Tether)

Finance

Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks

Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem.

Satoshi Nakamoto published the Bitcoin white paper on Halloween Day in 2008. (Jonathan Borba/Unsplash, modified by CoinDesk)

Finance

Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push

The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.

El Salvador flag (Unsplash)

Markets

Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In

Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.

Chart of USDT's market cap

Markets

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Demand for stablecoins soared as investors poured capital into cryptos after Trump's election victory.

Stablecoin market capitalization (CCData)