What USDT dominance reveals about the health of the crypto market – AMBCrypto News
Evaluate the relationship between USDT's superiority and virtual currency prices. For USDT flows, we see that the outcomes for buyers and sellers are almost equal. USDT's dominance reveals a lot about the market mood. This is primarily because USDT is the largest stablecoin, so its activity and on-chain flows may reflect the state of market […]
Tether teases USDT documentary on 10th anniversary – Cointelegraph
To celebrate its 10th anniversary, stablecoin issuer Tether has announced that it will release a documentary about USDT and its impact on combating inflation. In the trailer, the tether presented Interviews with users who are benefiting from stablecoins to fight inflation. The trailer showed interviews in Turkey, Brazil and Argentina, where people are exposed to […]
DOJ Thanks Tether for Assistance in Seizure of $5,000,000 USDT in Fraud Scheme – The Daily Hodl
The U.S. Department of Justice (DOJ) announced that stablecoin issuer Tether has assisted authorities in recovering funds stolen from victims of a widespread cryptocurrency investment scam. in statement, The Department of Justice announced that it had seized approximately $5 million worth of the stablecoin USDT traced to a wallet allegedly used to launder proceeds from […]
How USDT, USDC played a part in Bitcoin, crypto-market’s fall and recovery – AMBCrypto News
USDT and USDC surge by nearly $3 billion amid crypto market downturn Tether’s USDT recorded $1.5 billion in deposits, while Circle’s USDC recorded $820 million. The entire cryptocurrency market collapsed on Monday despite its previous strong performance. Earlier this week, the global stock market crash sent all cryptocurrencies lower. However, stablecoins defied market expectations throughout […]
What rising USDT, USDC wallets tell you about the market – AMBCrypto News
The growing presence of stablecoins in this movement is very encouraging for cryptocurrency investors. As with previous rounds, stablecoin supply is likely to expand significantly to meet demand and liquidity needs. Stablecoin Wallet Countries with non-zero balances are growing rapidly, Santiment This was observed in a post by X. This phenomenon continued to occur despite […]