Tether (USDT)

CoinspeakerPayPal’s PYUSD Circulation Plummets 38% in March In a strategic move to bolster PYUSD’s utility and adoption, PayPal announced the integration of PYUSD for funding international transfers through its service Xoom. PayPal’s PYUSD Circulation Plummets 38% in March

Ethereum and its Layer 2 scaling solution, Polygon, attracted the most new users by far in the first quarter of 2024. The latest report by Flipside revealed that these two blockchain platforms have garnered the most cumulative new users among observed EVM chains since the beginning of the year. Polygon boasted 12.3 million new users, and Ethereum had 13.4 million – roughly 70% of new users this year across all observed chains as of March 27. Next up was Arbitrum, recording...

As per Coin98’s Ethereum Q1 2024 Financial Report, the blockchain network clocked in a massive surge in income statement metrics. Fees and revenue witnessed a 1.8 times increase quarter-over-quarter (QoQ), while earnings tripled over the same period. This financial momentum is essentially aligned with significant advancements in network and ecosystem metrics. Ethereum’s network recorded over 107 million transactions in Q1, accompanied by the creation of almost 9.7 million new...

Der Erfolg von Ripple Labs, den Produzenten hinter der Ripple-Währung XRP ist unglaublich erfolgreich. Es gibt fast keine grosse Bank, welche nicht irgend ein Produkt von Ripple Labs einsetzt oder zumindest am testen ist. Auch wenn Bitcoin die Welt erobert, die Banken setzen auf die Produkte von Ripple. Und diese Woche kam dann die ganz grosse News: Ripple Labs plant eine Stablecoin auf der Ripple-Blockchain. Kommt endlich die ganz grosse Konkurrenz zu Tethers USDT? In jedem Fall reagierte...

TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into the world of crypto. The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends. Most recently, it disclosed that it will open trading and enable Spot Algo Orders Trading Bots services for the USDT/MXN pair. The...

Tether Treasury has been actively minting USDT tokens amidst choppy market conditions. In the latest development, $3 billion worth of USDT tokens were mined by the Tether Treasury within a period of three days, according to an update by Lookonchain. The tokens were then distributed across the Ethereum and TRON blockchains. This surge in USDT minting has sparked curiosity regarding the destination. Since April 1st, approximately $2.55 billion USDT has flowed into prominent...

Ethereum co-founder Vitalik Buterin has re-upped his post from 1.5 years ago on “Layer 3s”, saying that L3s won’t magically increase throughput. Still, they can reduce certain fixed costs associated with batch publishing and deposits or withdrawals. His statement comes amid concerns that Layer 3 networks are taking away from Ethereum’s value and security. L3 Doesn’t Magically Increase Throughput According to Buterin’s X post, there are alternative, potentially “lighter”...

Um mit Tether (USDT), einem der populärsten Stablecoins, Geld zu verdienen, gibt es verschiedene Strategien. Diese basieren auf den einzigartigen Eigenschaften von Tether, insbesondere seiner Bindung an den US-Dollar, was ihn zu einem stabilen Wertanlage macht. Hier sind einige Möglichkeiten, wie Investoren und Trader mit Tether Gewinne erzielen können: 1. Arbitrage Arbitrage bietet eine Möglichkeit, von Preisunterschieden zwischen verschiedenen Kryptowährungsbörsen zu profitieren. Da der...

The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM Labs released a report titled “The Illicit Crypto Economy” on Wednesday shedding light on the key trends in 2023 related to illicit activities and funds in the crypto space. TRON Blockchain Dominates Illicit Activity TRON blockchain network, founded by Chinese entrepreneur Justin Sun, accounted for the highest illicit activity...

There has been a remarkable surge in USDT transactions within the TRON ecosystem via TronDAO, showing a substantial increase since early February, now averaging over two million transactions daily. According to the latest data compiled by IntotheBlock, the surge brings the transaction volume close to the peak observed in January 2023. USDT Transaction Volume Soars on TRON DAO For the uninitiated, TRON DAO is a decentralized autonomous organization connected to a blockchain...