USDT, USDC, and BUSD represent 93% of stablecoin market cap (Cointelegraph)
The three largest stablecoins represent a combined capitalization of $60 billion.
Tether (USDt) to Launch on Polkadot
We’re pleased to announce that Tether tokens (USDt) will be the first stablecoin to launch on Polkadot, a scalable multi-chain network. Before deploying on Polkadot, the first protocol that provides an environment for cross-chain composability of multiple applications and protocols, USDt will go live on the network’s cousin, the canary network Kusama. The launch of […]
Ripple’s XRP Sees Unexpected Gargantuan Upsurge – Overtakes Cardano and Tether
Better late than never. XRP enthusiasts are celebrating the phrase after seeing the digital asset record a late performance early this week. Starting Monday, XRP experienced heightened activity and price explosion. Trading volume surged by as much as 500% while prices pumped by up to 40%. After opening the week at $0.60, the digital asset […]
Polkadot’s network prepares to welcome Tether USDt
Polkadot’s network utility is about to experience a significant boost. With the upcoming parachain rollout, the protocol will finally realize its scalable multi-chain architecture. Although the new functionality is currently running on a testnet, developers are already preparing for it. Enjin recently announced the launch of a next-generation NFT blockchain on the Polkadot network called […]
Tether (USDt) to launch on Polkadot and Kusama
CryptoNinjas » Tether (USDt) to launch on Polkadot and Kusama Tether, the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, announced it will launch Tether tokens (USDt) on Polkadot, a scalable multi-chain network. Before deploying on Polkadot, the first protocol that provides an environment for cross-chain composability of multiple […]
Assurance Opinion Confirms Tether’s Reserves Fully Backed; Company Shares as Part of Ongoing Transparency Commitment
Today, Tether Holdings Limited proactively made available a recent assurance opinion by Moore Cayman confirming that information in the company’s Consolidated Reserves Report is accurate. This attestation by an independent accountant—a member of Moore Global, one of the largest accounting networks in the world—re-confirms our long-stated position that all Tether tokens are fully backed by […]
Tether stablecoin is fully backed, says new assurance report
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. Tether Holdings Limited, a company behind the world’s largest stablecoin Tether (USDT), has released an assurance opinion to confirm that Tether tokens are fully backed by its reserves. In a statement shared on […]
Phemex Lists DOGE/USD & DOGE/USDT Trading Pairs, Gives Away 4 Million Tokens
Once popular, Dogecoin (DOGE) has witnessed a revival in the past few months after influential personalities like Elon Musk, Snoop Dogg, and others openly supported the cryptocurrency on social media. A sudden interest in the almost forgotten cryptocurrency created a huge demand among the crypto community as traders and investors started looking for reliable platforms […]
Tether market cap surpasses $40B, growing 10x over 12 months
The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow. Tether (USDT), the world’s most liquid stablecoin, surpassed $40 billion in market capitalization on Wednesday, highlighting the rapid growth of cryptocurrency investing over the past year. At its highest point Wednesday, Tether’s market cap reached $40.1 billion, according to CoinGecko, […]
Bitget Will Launch USDT Unified Account and Quanto Swap Contract in Late March
The derivatives exchange Bitget issued an official announcement that in order to meet the needs of more trading users and improve user experience, Bitget will officially launch USDT Unified Account and Quanto Swap Contract at the end of March. Several days ago, Bitget launched a new feature voting and set up a $100,000 prize pool […]