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Tether (USDT)

Tether, Tron, and TRM Labs Join Hands to Launch the T3 Financial Crime Unit

The T3 Financial Crime Unit will work to reduce criminal activity associated with USDT on Tron, collaborating with law enforcement agencies to hold criminals accountable and make victims whole. The largest stablecoin issuer, Tether, Justin Sun-created Tron, and blockchain intelligence platform TRM Labs have collaborated to launch the T3 Financial Crime Unit (T3 FCU). The alliance will allow Tether to identify and report crime-related USDT transactions on the Tron network. The Majority of USDT...

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Ripple’s CEO Announces Upcoming Launch of RLUSD Stablecoin

During a recent fireside chat at the Korea Blockchain Week in Seoul, Brad Garlinghouse, CEO of Ripple, provided significant updates on the company’s upcoming initiatives. Garlinghouse revealed that Ripple is nearing the launch of its U.S. dollar-pegged stablecoin, known as Ripple USD (RLUSD). The stablecoin is still in private closed beta, though its public release is expected in weeks, not months. This comes after Ripple announced last month that it had begun experimenting with RLUSD across...

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Crypto All-Stars’ Presale Nears $900K as Meme Coin Staking Hype Explodes

Crypto All-Stars is setting the meme coin space on fire, with its presale surging towards the $900,000 milestone. The buzz surrounds the project’s new MemeVault feature, which unites meme coins like never before. With hype building, investors are asking: could Crypto All-Stars (STARS) be 2024’s next breakout crypto? Crypto All-Stars Defies Meme Coin Bearishness & Nears $900K Mark Meme coins are having a rough week. DOGE and WIF have dipped 4%, BRETT is down 12%, and...

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New Money Preparing to Buy the Dip? Tether and Dai Wallet Creations Suggest So

The Tether network quietly achieved a 5-month high in new wallet creation, surpassing 31.3K addresses in a single day, and the highest since March 2024. This surge has coincided with rising network growth in Multi Collateral Dai, indicating a broader trend across stablecoins. According to Santiment’s analysis, 732 new DAI wallets were created, representing the fourth-highest figure since March 2024. Interestingly, the timing of these new wallets, emerging after a market...

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DOGS Take Center Stage on WEEX WE-Launch: Users can Trade Fee-Free and Participate in an 1,000,000 Tokens Airdrop

[PRESS RELEASE – Singapore, Singapore, August 26th, 2024] WEEX Exchange, a leading name in global cryptocurrency trading, is pleased to announce the highly anticipated listing of DOGS USDT Perpetual on August 26, 2024, at 21:00 (UTC+8). This event is part of a special WEEX WE-Launch initiative, offering traders an exceptional opportunity to engage with the DOGS token, complete with zero trading fees and a generous 1,000,000 DOGS token airdrop. Introducing the DOGS Token: A...

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Stablecoins Hit Record Market Cap of Nearly $170 Billion After Year of Growth

Stablecoins have reached an all-time high market cap of $169.57 billion following nearly a year of uninterrupted growth. Leading assets such as Tether’s USDT and Circle’s USDC have seen a significant resurgence this year, in addition to a newcomer. Stablecoin Market Cap Surge Data compiled by DefiLlama revealed that this is the highest market cap for stablecoins, surpassing the previous peak of $167 billion established in March 2022, which later declined to $135 billion by...

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Stablecoin Issuer Tether Has Reclaimed Over $108 Million for Victims and Law Enforcement Agencies

Tether recently assisted the US DoJ in recovering close to $5 million worth of USDT lost in a romance scam. It has reclaimed $108 million from scams since it launched in 2014. Tether, the firm behind the largest stablecoin by market capitalization, USDT, claimed it has helped victims of fraud and law enforcement agencies reclaim $108.8 million worth of USDT since its inception in 2014. The stablecoin issuer can track the flow of its asset, possessing the capability to block wallets from...

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