Tag: USDT

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Regulation

MiCA Cracks Down On USDT in Europe… But No One Else Cares

Europe’s crackdown on Tether’s USDT is entering a new phase.When Revolut told European users it would delist USDT after Aug. 31, it became another...
Ethereum

Tether (USDT) says it completed long-promised audit from KPMG, down to counting its gold bars

Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the...
Markets

Tether’s USDT hits 2-year countdown threatening its position on U.S. crypto platforms

This year, Tether rolled out USAT — launched with U.S. standards in mind and issued through U.S. banking partner Anchorage Digital. So far, it...
Markets

Bolivia weighs adding Tether’s USDT to its national payments system

Bolivia is considering adding Tether's USDT stablecoin to its national payments system, marking another step in the country's shift from banning crypto transactions to...
Regulation

Thailand Central Bank Audits USDT Amid Gray Money Crackdown

Thailand’s central bank is stepping up stablecoin surveillance as part of a wider effort to crack down on money laundering, illicit finance and “gray...
Markets

Stablecoins see biggest drop since 2022 crypto winter led by Tether (USDT), Circle’s USDC decline

The combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows...
Regulation

Revolut Keeps USDT Outside EEA and Switzerland

Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally.The delisting will affect Revolut customers in...
DeFi

USDT Leads Payments, USDC Dominates DeFi

The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto...
Regulation

Revolut Notifies Customers of USDT Delisting

Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing...
Ethereum

Tether Flips Ether as USDt Becomes Second Largest Crypto

Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on FridayEther’s market...
DeFi

Monero Jumps 30% After ZachXBT Traces $120M USDT Laundering Run Through Privacy Coin

Monero surged roughly 30% to an intraday high of $438 on Thursday after blockchain investigator ZachXBT traced a $120 million USDT movement that included...
DeFi

Argentine Prosecutors Arrest 24, Seize Over $8M in USDT in ‘Fake Coins’ Crypto-Fraud Sweep

The Buenos Aires Public Prosecutor's Office said it ran 90 simultaneous raids and froze more than 8 million USDT across three fraud rings —...
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