Tether has minted an additional $1 billion USDT as Bitcoin breaks through $106,000, signaling strong liquidity demand amid bullish momentum. Analysts suggest this could fuel further crypto market growth.
Stablecoin giant Tether led a Series A funding round for Chilean crypto exchange Orionx, expanding its Latin American presence to serve the region’s unbanked population and cross-border payment needs.
Recent data reveals that large institutional investors (“whales”) account for the majority of Tether (USDT) deposits on Binance, signaling potential upcoming market moves.
Tether has minted $1 billion of USDT on the Tron blockchain, pushing its authorized supply above Ethereum’s and marking a significant shift in stablecoin network dominance.
Tether (USDT) has experienced an unusual price surge above its $1 peg, sparking market speculation. Analysts examine the potential causes including increased demand, market volatility, and liquidity dynamics.
Binance has discontinued spot trading pairs with Tether’s USDT and other non-MiCA-compliant tokens for European Economic Area users to comply with new regulatory requirements, though custody services and perpetual contract trading remain available.
Tether (USDT) founder Paolo Ardoino responds to renewed speculation about Bitcoin’s creator, declaring “We are all Satoshi.” His statement highlights the decentralized ethos of cryptocurrency.
A recent report highlights that USD Coin (USDC) and Tether (USDT) continue to dominate the stablecoin market, accounting for the majority of trading volume and market capitalization. Their stability and widespread adoption make them key players in the crypto ecosystem.
As Bitcoin experiences a price drop, USDT (Tether) flows have surged, indicating increased buying pressure and potential accumulation by investors. This trend often precedes market rallies, suggesting a possible rebound for Bitcoin in the near future.
Tether is realigning its operations to enhance transparency and regulatory compliance, further entrenching the US dollar’s presence in the cryptocurrency market. This proactive approach has positioned Tether as a formidable entity in maintaining economic stability.
