Search Results for: USDT

Ethereume Network Is Stronger Than Ever Before as DeFi, USDT_ETH Grows

As the Bitcoin network showed signs of a bullish rally on the market, Ethereum. The second-largest crypto was not far behind in showing signs of a market upward trend. The Etheruem network has highlighted the ecosystem’s strength not only with the coin’s market position. But also with its extended ecosystem. As regards the ETH coin, […]

Tether launches on bitcoin cash network

Tether’s USDT Now Available on BCH Blockchain Network

The world’s biggest stablecoin, Tether’s USDT, just launched on the Bitcoin Cash blockchain network and seen a massive surge of interest in recent weeks because of the haven status. Tether reached a market cap of $5.7 billion, and now more than $180 million was minted over the past week surpassing Bitcoin’s price increase in the […]

Tether CTO to tell the story of USDT

Tether CTO to Tell the Story of USDT Stablecoin at Upcoming Conference

Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. BitFinex & Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in the keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement […]

BitPay supports

BitPay Supports USDC, GUSD, & PAX; USDT Still Remain Excluded

The all-time controversial cryptocurrency payment processor BitPay supports three major stablecoins now in addition to its existing list of supported tokens. According to the press release, BitPay confirms that businesses could accept payment in USDC, GUSD, and PAX. All of them are pegged to the U.S. dollar. USDC stands for USD Coin GUSD stands for […]

Blockstream Debuts Open-source Bitcoin Hardware Wallet

Blockstream, a major blockchain company based in Vancouver, Canada, said it had launched an open source, battery-powered bitcoin storage hardware wallet (BTC) and digital assets issued on the Liquid Network, including tokens such as the stablecoin tether (USDT). The wallet is called the Blockstream Jade. The company currently runs the Blockstream Green crypto wallet, fronted […]

stablecoins

U.S. Banking Regulator Authorizes Federal Banks to Hold Stablecoins Reserves

Per a U.S. interpretive letter National banks will be free to hold reserve currencies for stable coins, the Office of the Comptroller of the Currency released on Monday. “We conclude that a national bank can hold such ‘reserves’ of stablecoin. As service to bank customers,” the new guidance reads. In addition to the announcement, Acting […]

bitcoin ATM

Bitcoin ATMs rose by 87% to exceed 10,000 globally

Worldwide, the total number of Bitcoin ATMs has now passed 10,000. According to Norwegian financial services company AksjeBloggen, the number of Bitcoin ATMs (BTMs) has jumped from the 5336 recorded in September 2019 to 87% in the past year. There were almost 3,900 new ATMs added in 2020 alone. CoinATMRadar’s monitoring resource currently shows there are […]

Cryptocurrency

Three Crypto Trader Solutions When Markets Get Volatile

Bitcoin (BTC) is here again! And so is the rest of the market for cryptoassets. But their return has also heralded market volatility’s comeback. While experienced traders rejoiced at 5% to 15% intraday price movements, allowing them to make substantial daily gains, not everyone is happy. Sharp upswings in volatility can present more challenges than […]