Binance Briefly Suspends USDC and USDT Solana Deposits
Binance has suspended deposits of Solana-based USDT and USDC, while OKX has delisted them.
Tag usdt
Thailand’s SEC Approves USDT, USDC for Trading on Regulated Exchanges
Key Takeaways Thailand’s Securities and Exchange Commission (SEC) has officially approved Tether’s USDT and Circle’s USDC as trading pairs on licensed digital asset exchanges. The decision expands the regulator’s list of eligible crypto and aims to enhance flexibility for crypto-related…
ESMA Urges Crypto Firms to Restrict Non-Compliant Stablecoins Under MiCA Rules
Key Takeaways The European Securities and Markets Authority (ESMA) is urging crypto asset service providers (CASPs) to take immediate action against stablecoins that do not comply with the European Union’s new Markets in Crypto-Assets Regulation (MiCA). On January 17, 2025,…
Tether Mints $3 Billion in USDT Amid Post-Trump Election BTC Surge
Key Takeaways Tether has minted an additional $3 billion in USDT stablecoins. As per blockchain data from Arkham Intelligence shows that $2 billion was issued on the Ethereum blockchain, while $1 billion was minted on Tron, with both transactions executed…
Tether Has Helped Recover Over $108 Million in Illicit USDT Since 2014
Key Takeaways Since its launch in 2014, Tether, the issuer of the stablecoin USDT, has collaborated with law enforcement agencies globally to address illicit activities involving its digital currency. According to a recent statement, Tether has assisted more than 145…
USDT Issuer Tether Announce Plans for UAE Dirham-Pegged Stablecoin
Key Takeaways On August 21, USDT stablecoin issuer Tether, announced a new venture to launch a stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative is being undertaken in partnership with Phoenix Group PLC, an Abu Dhabi Securities…
Rho Markets Exploited for $7.6 Million in USD Coin and USDT: Report
Key Takeaways Rho Markets, a liquidity layer and lending protocol on Scroll, suffered a major exploit resulting in the loss of over $7.6 million worth of USD Coin (USDC) and USDT. The breach occurred after a malicious actor gained access…
Tether Acquires $100 Million Stake in Jihan Wu’s BTC Mining Firm Bitdeer
Key Takeaways USDT Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin mining firm of Chinese billionaire Jihan Wu. As per the official announcement, the private placement includes 18,587,360 Class A…
Kraken Says No Plans to Delist USDT Amid Speculations
Key Takeaways Cryptocurrency exchange Kraken has stated that it has no plans” to delist Tether (USDT) in Europe . This development comes amid reports surfacing that the firm was “actively reviewing” the decision to remain legally compliant with MiCA. Mark…
Tether Hits Slams Deutsche Bank Study on Stablecoins, Dubs it Vague
Key Takeaways Tether has hit out at Deutsche Bank over its report claiming that most stablecoins, including Tether’s USDT, are likely to face ‘significant turbulence’ and fail owing to a lack of transparency and vulnerability to speculative sentiment. “While some…
