News May 19, 2023 U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.
News May 19, 2023 Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
News May 17, 2023 Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
News April 25, 2023 Bitcoin-Tether Pair Is Most Liquid on Binance Even as TUSD Pair Sees Higher Volume Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it.
News April 14, 2023 TrueUSD’s Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token TUSD and USDT in BTC trading on Binance (Kaiko)
News March 30, 2023 Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
News March 22, 2023 Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say Tether sold at a slight premium earlier this month even as most stablecoins were dented.
News March 11, 2023 Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto Circle’s USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners.
News March 11, 2023 USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal USDC dropped to $0.973, its lowest level since the collapse of FTX.
News March 6, 2023 Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.