Circle’s USDC beats Tether USDT in market cap surge during 2024
USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023. Go to Source
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Tether will relocate HQ to El Salvador after securing license
Tether is moving its operations from the British Virgin Islands to El Salvador after being granted a Digital Asset Service Provider license. Go to Source
$2.2M in Crypto Frozen by AG Letitia James, Securing Funds for Victims
A $2.2 million cryptocurrency scam targeting job seekers was halted as the NY Attorney General froze funds, uncovering fake fees and untraceable transfers. AG James’ Bold Move Freezes $2.2M Crypto Loot From Fake Job Scammers The Office of New York Attorney General Letitia James announced last week that James has filed a lawsuit to recover … Read more
Report: Stablecoin Powerhouse Tether Dives Into AI Filmmaking
Bloomberg’s Suvashree Ghosh reports that Tether, the leading issuer of stablecoins, is embarking on a bold foray into artificial intelligence (AI) filmmaking, signaling an ambitious innovation agenda. Tether Boss Discusses Bold Step Into AI Filmmaking Renowned for its commanding role in the stablecoin sphere, Tether manages roughly $137 billion USDT in circulation. The company has … Read more
Agora, Galaxy complete AUSD stablecoin’s first live transaction
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market. Go to Source
Bitfinex Derivatives to move to El Salvador after securing local crypto license
Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America. Go to Source
Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Go to Source
Aave proposal to peg Ethena’s USDe to USDT sparks community pushback
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks. Go to Source
USDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks. Go to Source
Tether, Tron and TRM Labs jointly froze $126M USDT in 2024
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April. Go to Source
