October 26th, 2025
Tether (USDT) News - Page 23
Ukraine Amasses $17M in Cryptocurrency Donations in War Started by Russia
By Babafemi Adebajo
February 28th, 2022
Within 24 hours, more than $10 million were donated directly to the crypto wallets posted by the Ukrainian government.
Luna Foundation Guard Raises $1B to Form UST Forex Reserve in BTC
By Bhushan Akolkar
February 23rd, 2022
Luna said that the Forex Reserve will help it prevent the risk of a “bank scenario” scenario associated with algorithmic stablecoin. The reason for choosing the BTC denominated Forex Reserve is that it is less correlated to the Terra ecosystem.
US Banks to Form Consortium and Roll Out USDF Stablecoin
By Sanaa Sharma
January 13th, 2022
Provenance Blockchain, a proof-of-stake network, will support the USDF, allowing it to be cashable on a one-is-to-one ratio from any of the consortium’s banks.
Blockchain Is Changing Face of Banking: from KYC Processes to Decentralized Banks
By Andy Watson
January 12th, 2022
The face of traditional banking has undoubtedly changed in the past decade, FinTech and emerging technologies are proving to be the future of finance.
US Treasury Officials Calls for New Stablecoin Regulation
By Godfrey Benjamin
December 20th, 2021
Members of Congress are actually making a lot of moves with respect to bringing regulations to the digital currency ecosystem including key areas such as stablecoins.
Myanmar Opposition Government Adopts USDT as Official Currency Despite Central Bank Ban
By Tolu Ajiboye
December 13th, 2021
The NUG in Myanmar announces that it will start accepting USDT to facilitate trade and payments, even as military government is still in control.
Crypto Exchange AscendEX Loses Over $77M in Latest Hack
By Bhushan Akolkar
December 13th, 2021
As AscendEX lost nearly $78 million, it promises 100% compensation to all the affected users. It also promises of working with blockchain security firms and law enforcement agencies for the same.
Ledger Launches Crypto Debit Card to Facilitate Mainstream Transactions
By Tolu Ajiboye
December 9th, 2021
Renowned wallet provider Ledger announced that it is launching a crypto debit card for its US and EU customers to use next year.
Senate Wants Clarity on Stablecoins: Tether Promises to work in Compliance with Authorities
By Sanaa Sharma
November 26th, 2021
All the companies that supply stablecoin should answer the questions posed by the committee by December 3rd.
India Continues Hostility to Crypto with New Legislation
By Oluwapelumi Adejumo
November 25th, 2021
Earlier, India’s prime minister Narendra Modi said that cryptocurrencies are dangerous and could spoil the youths in the country.
Binance Pay Works with ShopNEXT to Launch First Ever Shop-to-Earn Crypto Platform
By Sanaa Sharma
November 9th, 2021
With the help of a major partner like Binance Pay, ShopNEXT can now reach out to billions of retailers and customers around the world.
Tether and Bitfinex to Pay $42.5M for Violating CTFC Rules
By Babafemi Adebajo
October 16th, 2021
The Acting Chairman of CTFC noted that the case showed just how desperately the digital asset marketplaces need honesty and transparency.
Tether Faces Fresh Allegations Over Its Chinese Investments and Crypto Backed Loans
By Bhushan Akolkar
October 8th, 2021
Tether is facing severe accusations of using public money for funding its own investments and putting the reserves at risk. Tether refutes these claims saying it is yet another attempt to defame the company.
Visa Introduces UPC, Tool Designed to Boost Digital Currency Interoperability
By Godfrey Benjamin
September 30th, 2021
With UPC, one person in Peru will not have to worry about sending the Peruvian Sol to someone in Ghana. The design of the UPC is billed to make it feasible to easily convert the Sol to Cedes and be cashed easily by the recipient.
Crypto Exchange Bitfinex Pays $23M in Fee to Send $100K USDT
By Bhushan Akolkar
September 28th, 2021
In a highly controversial transaction, Bitfinex ended up paying a staggering 7,676 ETH for transferring just $100K worth of USDT. The miner of the block, however, has confirmed to return the transaction fee amount.