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US Department of Justice Leads to Massive USDT Freeze

Tether and OKX have joined forces with the United States Department of Justice (DOJ) to execute the largest-ever freeze of USDT tokens in history. The collaborative effort has successfully frozen…
TUSD

TrueUSD Announces Full Management Transition to Techteryx for Global Expansion

TrueUSD (TUSD), the popular stablecoin, has announced a significant milestone in its journey towards global expansion. In December 2020, TrueCoin, LLC, a subsidiary of Archblock, Inc., transferred the business ownership…
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Circle Partners with Arbitrum: A Bold Move Towards Cross-Chain Transfers with USDC

Enhancing blockchain innovation, Circle has successfully incorporated its specialized Cross-Chain Transfer Protocol (CCTP) with Arbitrum, taking a significant leap in blockchain cross-functionality. This strategic move opens up new possibilities for Binance’s USD Coin…
TUSD

The Price Of TUSD/USDT Experienced Temporary Dip, Falling to 0.9977

The price of TUSD/USDT on Binance experienced a temporary dip, falling to 0.9977. This price fluctuation has raised questions and speculation within the cryptocurrency community. Some users believe that this…
circleusdc

USDC Founder Highlights Hong Kong’s Role in the Asian Digital Dollars Market

In a recent appearance at the Tianjin Forum, Jeremy Allaire, the founder of Circle and USDC (USD Coin), shed light on Hong Kong’s growing significance as a major center for…
SEC 2

Federal Reserve Chair Jerome Powell Advocates for Central Bank Oversight of Payment Stablecoins

In a recent testimony before the House Financial Services Committee, Federal Reserve Chair Jerome Powell emphasized the importance of central bank involvement in the approval and regulation of payment stablecoins.…
kava coin

Tether Launches U.S. Dollar-Pegged Tokens on Kava

Tether Operations Limited (Tether), the leading provider of stablecoins, has announced its partnership with Kava, a layer-1 blockchain platform designed for scalability and speed. This collaboration will introduce U.S. dollar-pegged…
coinbuzzfeed

Tether Includes Securities from Chinese Banks to Back Its USDT

Tether Holdings Ltd., the company behind the popular cryptocurrency stablecoin USDT, has listed securities issued by Chinese state-owned banks to support its USDT reserves. This information has come to light…
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Binance Initiates Direct Swap of 1.25 Billion USDT-TRX

In a move aimed at ensuring stablecoin liquidity, Binance, one of the leading cryptocurrency exchanges, has announced a direct swap of 1.25 billion USDT-TRX for USDT-ETH with the Tether team.…
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USDT Untethered Fate: Navigating the Depegging Storm

The price of the USDC/USDT trading pair on Binance has been rapidly increasing and has now reached $1.0034, the highest level seen since June 13, 2022. This surge in value…
tusd

TUSD Pool Tilts as Users Opt for USDT-Based Stablecoins

In a recent development, the TUSD pool on Curve, boasting a Total Value Locked (TVL) of US$15.5 million, has witnessed a significant shift as users increasingly convert TUSD (TrueUSD) into…