Tag: USDT
Centralization is good – When Tether (USDT) recovers the lost millions
Welcome, centralized universe! – Decentralization is the cornerstone of the crypto ecosystem. However, in some cases, centralization has some advantages, especially when it comes to recovering several million dollars. $87…
USDC supply on the Ethereum network has exceeded that of USDT
USD Coin (USDC) exceeded Tether (USDT) in terms of total supply on the Ethereum blockchain. Currently, USDC’s total supply of ETH is $40.3 billion, while USDT’s is $39.8 billion. Recently,…
Tether Blocks $150M USDT and Blacklists 3 Addresses
Tether recently froze over $150 million worth of USDT. It’s not the first time the company has done this, but the action has once again stoked concerns about centralization in…
Tether freezes 1 million USDT – decentralization catches cold
A right of life and death on USDT – At the end of December 2021, we learned that the Myanmar (ex-Burma) government of national unity was using Tether’s USDT as…
Tether (USDT) claims currency status following adoption by government-in-exile
The rise of stable, stablecoin-type cryptocurrencies haunts the worst nightmares of global regulators. This is primarily due to their implementation – without prior authorization – of a functional digital model…
Circle Aims for Banking License – Tether (USDT) Under Pressure?
Circle wants to become a bank. If the SEC approves the application, the in-house stablecoin USD Coin could also develop into serious tether competition. Source: BTC-ECHO Circle Aims for Banking…
Tether (USDT): New investigation by the US judiciary
Executives at USDT issuer Tether are facing a criminal investigation into bank fraud, according to Bloomberg. The company promptly denied the allegations. Tether executives are reportedly facing an investigation by…