Global #Tether

Tether's stablecoin, USDT, has achieved a new milestone, surpassing a market capitalization of $120 billion for the first time.

Tether Holdings' USDT, a leading stablecoin in the cryptocurrency market, has reached an impressive milestone, boasting a user base of 330 million by the third quarter of 2024.

Tether (USDT), the leading stablecoin by market capitalization, is considering a foray into lending for international commodities traders, particularly in developing markets.

Tether, the issuer of the popular stablecoin USDT, is marking its 10th anniversary by reflecting on its journey and the impact of its flagship product.

Tether is set to launch new technology tailored for the European market in response to evolving regulatory frameworks, particularly with the impending full implementation of MiCA (Markets in Crypto Assets) regulations.

Tether (USDT) is making significant strides in the stablecoin market during the current cycle, solidifying its status as the leading stablecoin.

This week, Tether has made headlines by issuing an additional $1 billion in USDT on the Ethereum blockchain, bringing its total market capitalization to approximately $119 billion.

The Open Network (TON) has recently marked a significant milestone, with its Tether (USDT) supply crossing the $1 billion mark for the first time. This surge reflects a broader increase in both the stablecoin’s availability and weekly active users, reaching a new peak of 5 million active users.

Tether, the company behind the world’s largest stablecoin, has announced a significant investment of $1.5 million in Sorted Wallet, a financial technology platform designed to improve accessibility to cryptocurrencies for underserved populations in Africa and South Asia.

The stablecoin market continues to be significantly influenced by Tether’s USDT, which maintains its position as the leading dollar-backed stablecoin, commanding the majority of the $172 billion market.

Tether, the prominent stablecoin issuer, has announced the appointment of Jesse Spiro as its new Head of Government Affairs.

A recent report by Consumers’ Research has intensified scrutiny on Tether, a prominent stablecoin, for its perceived lack of transparency regarding its U.S. dollar reserves.