Tether (USDT)

Tether recently froze over $873,000 in digital assets connected to terrorism financing in Israel and Ukraine, showcasing cryptocurrency’s traceability and the industry’s cooperation with authorities.

A mysterious crypto whale sent $34 million in USDT to the Kraken exchange via two anonymously owned Ethereum addresses in an unusual transaction that has sparked speculation and debate in the crypto community.

Tether has increased its controversial stablecoin lending in 2023, despite pledging to eliminate the loans by 2024. The rise has sparked fresh concerns around transparency.

Tether has reportedly updated terms of service, blocking Singapore-based DeFi protocol Cake DeFi from redeeming USDT stablecoins.

Tether authorized $1 billion in USDT for the Tron network as USDT market cap hits $83B and USDC declines after SVB collapse.

Tether supply grew 0.8% in the past month as the overall stablecoin market cap hovered around $124B, showing signs of stabilization.

Binance Options is launching T+3 daily call and put contracts for BNB/USDT that expire every 3 days, expanding its derivatives offering amid recent BNB volatility.

Coinbase has suspended trading of the major stablecoins Tether, DAI, and RAI for Canadian users starting August 31st, bowing to pressure from Canadian regulators who categorize stablecoins as securities requiring oversight.

Cryptocurrency traders often face challenges with the high volatility of cryptocurrencies. Stablecoins like USDC and USDT provide stability and enable usage for various purposes. Understanding the differences between these stablecoins helps determine which is better suited based on factors like backing, regulation, adoption, and risk.

DEGAMEFI, the leading web3 community in the Commonwealth of Independent States, will host the largest annual web3 conference in the Caucasus region.