Tag: usdt stablecoin

Jun 20 2022

Circle’s USDC Surpasses Tether’s USDT, Here’s How

Circle’s stablecoin USDC has overtaken Tether’s USDT for the first time in the number of daily transactions on Ethereum, Nansen.AI CEO Alex Svanevik highlighted on Twitter. This news is the latest in a series of bad events for Tether. USDT still holds the lead in market value and daily trading volume. However, there is growing...

May 20 2022

This Stablecoin’s Market Cap Skyrockets Amid FUD In Tether, UST

The crypto market crash last week has vastly shaken the crypto industry, with volatility witnessed in stablecoins too. The de-peg of TerraUSD (UST) and a brief decline in Tether (USDT) saw redemptions of more than $30 billion in top stablecoins in a week. Interestingly, the only stablecoin thriving from the volatility is Circle's USD Coin...

Mar 21 2022

Tether (USDT) Daily Unique Addresses Hit 2022 Highs, What It Means For Crypto Markets

A key measure of trade for top stablecoin Tether (USDT) hit its highest level this year, indicating an elevated level of demand. The data could imply two potential scenarios for the crypto industry, based on USDT's role as a trade facilitator and as a safe haven. According to data from crypto research firm Santiment, daily...

Jan 15 2021

Tether (USDT) Conspiracy Tosses Again As We Arrive at The D-Day of January 15

Jan 15 2021 Published at Coingape under tags  bitcoin news btcbusd btcdai btceur btcjpy

Today, January 15th is a crucial day for crypto market as the conspiracy around the use of USDT stablecoin by Tether and its alleged relationship with crypto exchange Bitfinex is catching up the heat. Tether is once again in the limelight because the stablecoin issuer has pumped an additional $4.2 billion worth of USDT coins The post Tether (USDT) Conspiracy Tosses Again As...

Dec 20 2020

Institutions Are Coming for Your Bitcoins (BTC) As USDC Whales Make Massive Deposits on Coinbase

On Saturday, December 19, Bitcoin (BTC) surged past $24,000 levels but has been moving sideways since then and is currently flirting around $23,500. However, the party doesn't seem to end anytime soon....

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