Stablecoins Clash with US Treasuries: A Financial Powder Keg Waiting to Explode? Stablecoins, the dollar-pegged digital tokens of the crypto world, are no longer a niche experiment—they’re muscling into the $29 trillion US Treasury market with a force that could either fortify global finance or blow it to smithereens. With issuers like Tether and Circle […]
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Tether Unveils Gold-Backed XAUt0 on TON Blockchain: Tokenized Gold Meets DeFi Disruption Tether, Inc. has made waves in the crypto and precious metals markets by launching XAUt0, a gold-backed token on The Open Network (TON) blockchain. With gold prices hitting record highs and the appetite for tokenized real-world assets (RWAs) growing, this move signals a […]
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Tether CEO Declares USDT a Pillar of U.S. Dollar Dominance In a bold statement that shook the financial world, Tether CEO Paolo Ardoino declared USDT as a crucial pillar in the ongoing saga of U.S. dollar hegemony. Speaking to CNBC, Ardoino didn’t mince words about Tether’s significant financial clout, likening the company’s U.S. Treasury holdings […]
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CitizenX Joins Forces With El Salvador to Expand Bitcoin-Backed Passport Initiative Swiss tech firm CitizenX has partnered with El Salvador to broaden the reach of its innovative “Freedom Passport” program, offering a fast track to Salvadoran citizenship for wealthy individuals willing to donate $1 million in either Bitcoin (BTC) or Tether (USDT), a type of […]
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Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally Tether, the powerhouse behind the stablecoin USDT, has made headlines by surpassing Germany to become the 19th-largest holder of US government debt, with a staggering $120 billion in US Treasuries. This milestone underscores the growing impact of cryptocurrency firms on traditional finance, but it also […]
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Tether on TRON Surpasses $75 Billion, Leading Stablecoin Activities Tether (USDT) on the TRON blockchain has hit a significant milestone, reaching over $75 billion in circulation, solidifying TRON’s position as the leading platform for stablecoin transactions. Tether on TRON exceeds $75 billion TRON leads in global USDT supply Over 8.3 million daily transactions T3 Financial […]
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Tether’s Blacklisting Delay Allows $78M in Illicit Funds to Slip Through, Report Reveals – Tether’s delay enabled $78M in illicit funds to move – Multisignature contract causes enforcement delays – Ethereum and Tron networks impacted – Stablecoin regulation stalls in Congress – Political tensions over Trump’s crypto initiatives A recent report by AMLBot has exposed […]
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Crypto Crime Bust: $27B Telegram-based Haowang Guarantee Shut Down In a stunning move against crypto crime, Haowang Guarantee, a notorious Telegram-based black market that facilitated over $27 billion in illicit cryptocurrency transactions, was abruptly shut down. The action, spurred by investigations from WIRED and blockchain analytics firm Elliptic, led Telegram to ban thousands of accounts […]
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Tether Bolsters Twenty One Capital’s Bitcoin Treasury in Preparation for Public Listing Tether has taken a bold step by purchasing an additional 4,812 Bitcoin at an average price of $95,319 each, transferring these assets to an escrow wallet in anticipation of Twenty One Capital’s upcoming public listing through a SPAC merger. This strategic acquisition not […]
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Tether Mints $8 Billion USDT, Strengthening Market Liquidity and Dominance Tether, the powerhouse behind the USDT stablecoin, has minted an additional $8 billion worth of USDT, pushing the total supply to a new high of $149.4 billion. This strategic move comes amidst heightened volatility in the cryptocurrency market, bolstering Tether’s dominance in the stablecoin sector. […]
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