Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances - usdt

Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxi

Sergio Goschenko
TON Network and Tether Drive Rapid Growth of USDT - usdt, tether, growth, ton

TON Network and Tether Drive Rapid Growth of USDT

TON Network benefits from Tether's support, leading to significant USDT growth. The DeFi ecosystem's expansion plays a crucial role in increasing liquidity. Continue Reading:TON Network and Tether Drive Rapid Growth of USDT The post TON Network and T

Ä°layda Peker
How massive USDT mints on Tron, Ethereum impacts market dynamics - usdt, tether

How massive USDT mints on Tron, Ethereum impacts market dynamics

Tether’s latest USDT minting spree is reshaping crypto dynamics, boosting liquidity and market confidence.

Erastus Chami
USDT market cap crosses $120 billion as stablecoins continue their uptrend - usdt, cap

USDT market cap crosses $120 billion as stablecoins continue their uptrend

The stablecoin market capitalization continued its uptrend in October, characterized by USDT reaching a $120 billion market cap, according to a CCData report on Thursday.

Tether CEO Breaks Down Reserves Backing USDT Stablecoin - usdt

Tether CEO Breaks Down Reserves Backing USDT Stablecoin

Ardoino detailed USDT’s reserve breakdown, countering claims about insufficient asset backing and alleged connections to sanctioned entities.

Wayne Jones
Tether CEO slams federal probe claims: ‘No knowledge of any such investigations’ - usdt, tether, usdc

Tether CEO slams federal probe claims: ‘No knowledge of any such investigations’

Tether's USDT recorded $6.47 billion in transaction volume, significantly outpacing USDC's $2.08 billion.

Ishika Kumari
IOTA EVM Total Value Locked (TVL) Hits $20 Million in Fresh Milestone - usdt, defi, iota, value, smr

IOTA EVM Total Value Locked (TVL) Hits $20 Million in Fresh Milestone

The Tangle Treasury Grant Committee announced plans to reinvest IOTA, SMR, and USDT assets into the IOTA EVM DeFi ecosystem. IOTA’s parallel transaction processing and recent EVM compatibility with Solidity smart contracts are driving factors in its

Bhushan Akolkar
Tether ($USDT) Market Cap Surpasses $120 Billion, Dominates Other Networks - usdt, tether, tron, ethereum

Tether ($USDT) Market Cap Surpasses $120 Billion, Dominates Other Networks

Of the total circulation, 61.49B Tether $USDT (51.17%) are in circulation on Tron network. The rest of 54.48B $USDT (45.34%) is on the Ethereum network.

Umair Younas
Olympic Snowboarder Used Tether in Cocaine-Smuggling Murder Scheme, Feds Say - usdt, tether

Olympic Snowboarder Used Tether in Cocaine-Smuggling Murder Scheme, Feds Say

A Canadian Olympic snowboarder and his gang used Tether (USDT) as part of its cocaine trafficking operation, U.S. authorities allege.

Mathew Di Salvo
Binance Collaborates with Delhi Police to Dismantle Crypto Investment Scam, Seizing 100,000 USDT - usdt

Binance Collaborates with Delhi Police to Dismantle Crypto Investment Scam, Seizing 100,000 USDT

Binance has likely frozen the fraudulent scheme named “M/s Goldcoat Solar.” The operation brought several arrests and more than 100,000 USDT worth of assets.

Ishtiyaq Hussain
Tether added 36.25m USDT users in Q3 2024 - usdt, tether

Tether added 36.25m USDT users in Q3 2024

Tether’s USDT user growth saw its best quarter in Q3 and has increased by 9% on average over the last 12 months, cushioning the firm’s possible expansion into more traditional finance markets. Tether reported that 36.25 million new on-chain USDT…

Naga Avan-Nomayo
Equivalent of Entire US Population Has Now Received Tether’s USDT On-Chain in New Milestone for Firm - usdt, new, tether

Equivalent of Entire US Population Has Now Received Tether’s USDT On-Chain in New Milestone for Firm

New data from Tether reveals that the number of people who have adopted the firm’s USDT is now equivalent to the entire population of the United States. In a new blog post, Tether says the largest dollar-pegged digital asset by market cap now has ove

Mehron Rokhy
Tether Reports Significant User Growth for USDT Stablecoin - usdt, tether, stablecoin

Tether Reports Significant User Growth for USDT Stablecoin

Tether's USDT user count reached 330 million in Q3 2024. The last quarter saw a record increase of 36.25 million new users. Continue Reading:Tether Reports Significant User Growth for USDT Stablecoin The post Tether Reports Significant User Growth fo

Ä°layda Peker
Binance and Indian Police Dismantle Renewable Energy Scam Ring, Seize $100K in USDT - usdt

Binance and Indian Police Dismantle Renewable Energy Scam Ring, Seize $100K in USDT

Binance joins forces with the Delhi Police to uncover a renewable energy scam in India, seizing $100K in USDT from fraudsters posing as a solar company. The operation highlights growing crypto-related scams targeting India's renewable energy efforts.

Jimmy Aki
Bitcoin rises 6% while whales send massive USDT inflows to Binance - usdt, send, whales, bitcoin, binance bitcoin

Bitcoin rises 6% while whales send massive USDT inflows to Binance

Bitcoin climbs 6% to $66K, breaking past the 200-day moving average and triggering $235M in liquidations. The post Bitcoin rises 6% while whales send massive USDT inflows to Binance appeared first on Crypto Briefing.

Estefano Gomez
Stablecoin usage surges in Latin America amid continued struggle with high inflation - usdt, stablecoin, america

Stablecoin usage surges in Latin America amid continued struggle with high inflation

Stablecoins like USDT have become a key financial tool in Latin America that helps citizens navigate persistent economic volatility, according to Chainalysis’ global adoption report. The region, which accounts for 9.1% of global crypto value received

Assad Jafri
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint - usdt

US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint

Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hackin

Bitcoin.com
EU Regulators Force Coinbase Removal of 'Non-Compliant' Stablecoins - usdt, tether, soon

EU Regulators Force Coinbase Removal of 'Non-Compliant' Stablecoins

Tether's USDT could soon be delisted by Coinbase as MiCA regulation goes into full effect.

Coinbase to Delist Non-Compliant Stablecoins By The End of 2024 - usdt, 2024

Coinbase to Delist Non-Compliant Stablecoins By The End of 2024

Coinbase will begin delisting non-compliant stablecoins that do not match new MiCA rules, including USDT, and complete the…

Jaxon Gaines
Is altcoin season near? USDT dominance suggests… - usdt

Is altcoin season near? USDT dominance suggests…

An analyst has identified a bearish pattern on the USDT dominance chart which now signals an impending rally for the altcoin market

Samuel Edyme