Tether’s stablecoin to be integrated on Bitcoin Lightning
Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate Tether’s USDT stablecoin. Source link
Indian scammers use Tether’s USDT to launder funds outside the country
Cybercriminals in the Indian state of Rajasthan are using stablecoins like USDT to funnel illicit loot to scam operators outside the country. According to local media, Rajasthan law enforcement has arrested several money mules who played a critical role in converting over inr 1 crore (approximately $115,546) into Tether (USDT) before funneling it to international […]
Tether’s market cap sheds $1.4b as MiCA activates
Tether’s U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the sluggish 2022 crypto market period. On-chain data showed that Tether’s stablecoin (USDT) lost approximately 1.2% of its market cap this week as EU digital asset regulations took full effect on Dec. 30. The token’s market cap fell to $137 billion from its […]
Tether’s USD₮ approved as accepted virtual asset in Abu Dhabi
Abu Dhabi Global Market regulators have approved Tether’s USD₮ as an accepted virtual asset, opening the door to USDT financial services. Source link
