Tether (USDT)

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.

The Cosmos DeFi ecosystem takes a significant leap forward as Tether’s USDt is successfully introduced, enhancing liquidity, security, and transparency on Cosmos through Kava.

Kava (KAVA) is set to be added to Tether Limited’s roster of supported blockchains, providing access to USDT liquidity on Cosmos (ATOM) ecosystem, with the initial USDT based on Kava set to be created on July 3, 2023.

On June 15, the value of the USDT stablecoin issued by Tether experienced a slight deviation from its pegged value to the US dollar, which was attributed to an imbalance in the Curve 3pool.