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Stablecoin issuer Tether is reportedly in talks with Congressional lawmakers in the United States to help craft stablecoin regulatory policies at the federal level.According to Fox Business reporter Eleanor Terrett, Tether has been working with representatives Bryan Steil, chairman of the House Fina…
Wallet, a custodial wallet application integrated with Telegram, announced on Feb. 14 a move to enable zero-fee USDt (USDT) deposits from eligible users in more than 60 countries. However, while some users can now deposit USDT with zero fees, withdrawal and transaction fees remain the same.The platf…
Tether, the cryptocurrency firm behind the $140 billion USDT stablecoin, said on Friday it has invested in Italian football club Juventus FC (JUVE).The firm's investment arm, Tether Investments, acquired a minority stake in the sports club, according to a press release shared with CoinDesk. Juventus…
Tether, the operator of the USDt (USDT) stablecoin, has slammed JPMorgan analysts who suggested it may need to sell Bitcoin to comply with proposed stablecoin regulations in the US.On Feb. 12, an analyst team led by JPMorgan strategist Nikolaos Panigirtzoglou released a report suggesting the propos…
Framework Ventures led a $20 million Series A round for the stablecoin firm Plasma, bringing the company's total funding raised to $24 million. Plasma is building a blockchain specifically built for Tether's USD-pegged stablecoin USDT to enable more efficient transactions. The firm plans to use its …
The stablecoin market capitalization reached a record high following a period of consistent growth since mid-2023, according to data from Alphractal. The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18 billion in August 2023 to reach an all-time high o…
An unprecedented stablecoin supply of 73% has occurred on the Solana blockchain since the middle of January. A new initiative that has captured the attention of the crypto community, the $TRUMP memecoin, was launched at the same time as this spike.Solana has been a significant actor in the crypto sp…
Since Sept. 17, 2024, the supply of USDS, the native stablecoin of the Sky Protocol (formerly known as Maker), has grown from 98.5 million to 2.32 billion at the time of writing, representing a 135% increase in five months.In contrast, the supply of DAI, the stablecoin previously managed by MakerDAO…
A popular cryptocurrency exchange platform foresees an outsized market rally for altcoins in the upcoming weeks after Donald Trump assumes the US presidency on January 20. A Coinbase analysis urged crypto traders to start positioning themselves in the altcoin space as a potential huge rally concerni…
First Digital USD (FDUSD), a multi-blockchain audited stablecoin pegged to the U.S. dollar, enhances its availability on Binance (BNB), the largest crypto exchange by trading volume and user count. Traders are invited to deposit and withdraw FDUSD paying no fees.Solana's FDUSD listed by Binance with…
Stablecoin issuer Tether has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of “significant breaches” in their agreements. In a statement to Cointelegraph on Jan. 15, Tether, along with co-claimant 2040 Energy, confirmed the legal action against Swan Bitco…
Cardano founder Charles Hoskinson confirmed today that the blockchain is considering integrating RLUSD, Ripple’s new stablecoin.Since its launch in December, RLUSD has gained considerable publicity for its efforts to become a leading stablecoin. Integration with a DeFi ecosystem like Cardano could s…