April 18th, 2025
Tether (USDT) News - Page 16
KuCoin Plays Lead Role in Funding Round for Yuan Stablecoin Issuer CNHC
By Tolu Ajiboye
March 15th, 2023
Leading exchange KuCoin participated in a $10 million funding exercise for CNHC to support stablecoin adoption.
7 Ways to Diversify Your Crypto Portfolio
By Andy Watson
March 8th, 2023
A diversified portfolio is a crucial measure to mitigate risks, and also a safe way for newcomers to enter the crypto space.
Crypto Market Tanks amid Worries of Silvergate Bank’s Insolvency
By Bhushan Akolkar
March 3rd, 2023
As the Silvergate crisis spreads across the broader market, investors have been shoring up stablecoins with USDT and USDC witnessing a surge in trading activity.
Trio of Japanese Banks Look to Embark on Stablecoin Experiment
By Tolu Ajiboye
March 2nd, 2023
Japanese banks Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank are reportedly launching a stablecoin to enhance payments.
OKX Seizes 2 Million USDT Stablecoins Linked to Market Manipulation
By Bhushan Akolkar
March 1st, 2023
OKX has decided to compensate all the impacted users by air-dropping more than 3 million USDT by putting its own 1 million USDT in addition to the seized amount.
DeFi Protocol Platypus Announces Major Compensation after $9M Hack
By Bhushan Akolkar
February 24th, 2023
DeFi protocol Platypus is in talks with Aave and stablecoin issuer Tether in order to recover the funds stolen from last week’s exploit.
Tether (USDT) Declares $700 Million Profit amid Reserve Controversy
By Mayowa Adebajo
February 10th, 2023
USDT and its issuer remain a controversial pair in the crypto market.
Why Crypto Futures Are Better Than Traditional Derivatives
By Andy Watson
February 7th, 2023
The crypto futures market allows traders to make movements 24 hours a day 7 days a week.
Binance to Temporarily Suspend US Dollar Deposits and Withdrawals This Week
By Mercy Tukiya Mutanya
February 7th, 2023
According to blockchain intelligence platform Arkham Intelligence, the announcement was followed by a marked increase in outflows from Binance wallets with millions of USDT and USDC being moved to self-custody and rival exchanges.
Only Four Men Control 86% of All Tether (USDT) Assets in 2018
By Bhushan Akolkar
February 3rd, 2023
Tether CTO has rejected WSJ’s investigative report calling it a “clown article”. The report highlights the massive concentration of USDT control in the hands of a few.
Poundtoken and BitcoinPoint Partners to Bring GBPT Stablecoin to Users via 18K ATMs in UK
By Steve Muchoki
February 1st, 2023
This partnership will help UK crypto customers trade digital assets seamlessly without the need to off-ramp using fiat currencies.
Crypto-centric VC Pantera Capital Lost 80% of Liquid Token Fund in 2022
By Tolu Ajiboye
January 31st, 2023
The Pantera Liquid Token Fund suffered a massive drawdown in 2022, including a large November deficit especially after the FTX crash.
Moody’s to Develop New Stablecoin Scoring System
By Godfrey Benjamin
January 27th, 2023
With the proposed Moody’s stablecoin scoring system, the shift to the stablecoin regulations can be fast-tracked.
FSA to Create New Stablecoin Regulation as Japan Moves to Soften Its Previous Stance
By Mayowa Adebajo
January 24th, 2023
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
Binance SWIFT Partner Signature Bank to Ban USD Transactions below $100K
By Babafemi Adebajo
January 23rd, 2023
Binance noted that Signature Bank only services 0.01% of its monthly average users. The exchange also stated that its other banking partners were not impacted by Signature’s decision.