The world's largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand...
The U.S. Attorney’s Office says this is one of the first times the U.S. has recovered USDT from an unhosted digital currency wallet.
Tether has entered a collaboration with Celo to enable “sub-cent transaction fees” for USDT and facilitate feasible microtransactions.
The key takeaway for numerous crypto entrepreneurs and investors on X was no mention of Bitcoin, crypto or stablecoins in the Nasdaq report on financial crimes.
The UN “completely neglects” developing economies using stablecoins like USDT because servicing them would be “unprofitable” for the agency, Tether argued.
Tether is expanding control sanctions to the secondary market in an effort to cooperate with regulators in the United States.
In addition to Tether, companies transacting through the Exved system can use the U.S. dollar and the offshore ruble, the platform said.
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape.
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023.
