XRP dethrones USDT, now ranked third largest crypto
XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP’s market cap is nearing the $140 billion threshold. The token is already $2 billion more valuable than stablecoin issuer Tether which has a market cap of around $137 billion. XRP has […]
XRP flips USDT again to become the 3rd-largest crypto by market cap
XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether’s stablecoin. Source link
DF soars 26% after Binance Futures listing on USDT Perpetual Contracts
Binance launches USDT perpetual contracts for the native tokens of dForce and Phala Network on Dec. 30. After the Binance Futures announcement, dForce surged by 26%. According to the official notice posted on Dec. 30, PHAUSDT will be available for trading on Dec. 30 at 11:30 UTC. Meanwhile DFUSDT will be listed on the same […]
EU silence does not make USDT MiCA-compliant, says exec
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. Source link
Argentina freezes $3.5m in USDT amid investigation into Rainbowex Ponzi scheme: report
A court in Argentina has ordered the seizure of a crypto wallet containing $3.5 million in Tether’s USDT stablecoin. The Argentine Justice Department has taken control of a $3.5 million (USDT) wallet, which is part of a larger investigation into Rainbowex, a trading Ponzi scheme. As part of the crackdown, authorities have frozen not only […]
USDT operator Tether hints at AI plan in 2025
Tether, the company behind the $140 billion stablecoin USDT, is planning to expand into artificial intelligence by early 2025. Tether CEO Paolo Ardoino posted on X that the (USDT) issuer is targeting the first quarter of next year to launch its AI platform, marking a move to diversify its business focus beyond U.S. dollar-pegged stablecoins. […]
