Ripple CEO Denies Claims He Was Attacking Tether
The Tether community assumed the Ripple CEO made an attempt to pull USDT down to position its incoming stablecoin.
Bitfinex entered into partnership with a token backed fiat currency system, dubbed Tether.
The Tether community assumed the Ripple CEO made an attempt to pull USDT down to position its incoming stablecoin.
A Tether spokesperson stated that the decision to block addresses using USDT to purchase oil from PDVSA is part of the company’s commitment to preventing payments linked to the OFAC sanctioned entities.
Ardoino tackled Ripple’s Garlinghouse for deliberately spreading FUD and praised Tether’s efforts at ensuring USDT safety and compliance.
Binance announced a promotional campaign for its USDC simple earn flexible products, which ends on June 30, 2024.
XREX Singapore introduces XREX Pay, offering businesses cross-border B2B payments and money transfer solutions. The platform will support traditional currencies like the Singapore Dollar (SGD) and US Dollar (USD) as well as stablecoins like Tether (USDT) and USD Coin (USDC).
The crypto project initially announced a possible listing last month, but for some reason, it could not be achieved.
This new development comes at a time when Nigeria is slamming the digital asset market for impacting negatively on the naira.
Although the US government holds a significant amount of Bitcoin, it has periodically sold portions of its crypto holdings.
Among the top 10 cryptocurrencies, TON emerged as the only fresh face on the scene.
This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders.