USDT

Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as U.S.-based spot bitcoin (BTC) exchange-traded funds registered...
Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak

U.S. Sen. Cynthia Lummis says her stablecoin proposal would favor U.S.-oriented issuers. (Shutterstock/CoinDesk)
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
The co-author of the U.S. Senate's latest push for stablecoin regulations suggests Circle would have an edge over foreign competitors for customers seeking safety.
U.S. Sen. Cynthia Lummis says her stablecoin proposal would favor U.S.-oriented issuers. (Shutterstock/CoinDesk)

A symbolic representation of Tether, the largest stablecoin by total supply. (DrawKit Illustrations/Unsplash)
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
A symbolic representation of Tether, the largest stablecoin by total supply. (DrawKit Illustrations/Unsplash)

Tether CEO Paolo Ardoino (Tether)
Tether's USDT To Launch on Celo
The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.
Tether CEO Paolo Ardoino (Tether)

Tether CEO Paolo Ardoino (Tether)
Tether's USDT Stablecoin Touches $100B Market Cap, Benefiting From Crypto Trading Frenzy
Despite years-long scrutiny over Tether's stability, USDT saw a rapid resurgence in 2023 benefiting from its close competitors' troubles.
Tether CEO Paolo Ardoino (Tether)

(Sasun Bughdaryan/Unsplash)
Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article
Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of "committing fraud, laundering money, and financing terrorists," according to the lawsuit.
(Sasun Bughdaryan/Unsplash)

Stablecoin market capitalization (K33 Research)
Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth
Stablecoin supply is a "thermometer" for money flows entering the crypto market, one analyst noted.
Stablecoin market capitalization (K33 Research)

(Tbel Abuseridze/Unsplash)
Diversifying Stability: Stablecoins Finding Home Beyond the Greenback
Following the success of Tether and USDC, a generation of stablecoins are offering new features for investors and holders, says Scott Sunshine, Managing Partner of Blue Dot Ad...
(Tbel Abuseridze/Unsplash)

Tether CEO Paolo Ardoino (Tether)
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
The stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
Tether CEO Paolo Ardoino (Tether)

Stablecoin issuer Tether reportedly purchased another 8,888 bitcoin for $380 million. (Nikhilesh De/CoinDesk)
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
Stablecoin issuer Tether reportedly purchased another 8,888 bitcoin for $380 million. (Nikhilesh De/CoinDesk)