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The dominance of Tether (USDT), the largest stablecoin by market capitalization, continues to decline. This trend began ahead of the US presidential elections and is ongoing. Throughout October, this metric decreased by 4%. Over the past year, Tethe...
Read MoreA 23-year-old Ukrainian named Vyacheslav Leybov was robbed on the popular tourist island of Phuket, Thailand. The incident occurred during his visit to a friend on Friday, November 8. The victim transferred over 8.56 million baht (approximately $249,...
Read MoreIt may seem that Tether has faced enough negativity recently. Protos analysts even counted that since 2015, Tether has attracted the attention of U.S. authorities 19 times.Now, a serious competitor from Wall Street may be added to the list of trouble...
Read MoreCEO of Tether, Paolo Ardoino, has denied that his company is under investigation by federal agencies in the United States. In his post on platform X, he commented on a report by the Wall Street Journal (WSJ), which discussed a potential inquiry into ...
Read MoreThe market capitalization of Tether's USDT stablecoin has hit a record $120 billion, indicating a potential cryptocurrency bull run in October, commonly referred to as Uptober. This is further supported by the rising price of Bitcoin, which reached $...
Read MoreWhile concerns are mounting about the questionable practices and lack of transparency surrounding the leading stablecoin issuer USDT — Tether, whose collapse could drag down competitors, Revolut has unexpectedly announced its plans to launch its own ...
Read MoreSince the beginning of August 2024, analysts from CryptoQuant have observed a significant increase in the volumes of the stablecoinA type of cryptocurrency that is pegged to a stable asset like a national currency (e.g., US dollar), gold, or another ...
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