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Tag Archives: USDT

Federal Reserve Official Says Crypto and Stablecoins Will Strengthen and Not Threaten US Dollar

CoinspeakerFederal Reserve Official Says Crypto and Stablecoins Will Strengthen and Not Threaten US Dollar According to the official, the use of dollar stablecoins in the decentralized finance sector is good because it strengthens the USD. Federal Reserve Official Says Crypto and Stablecoins Will Strengthen and Not Threaten US Dollar

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Visa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries

CoinspeakerVisa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries Users can swap the digital assets directly from their self-custodial wallets, such as MetaMask, onto their Visa debit cards.  Visa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries

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UN Flags Increased USDT Stablecoin Use in Money Laundering across Asia

Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit activities in Asia. The Financial Times reported Monday, citing a report published...

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