USDT in the spotlight: latest news
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Aug 24AInvestThai Police Arrest South Korean Suspect in $50M Laundering Scheme
Thai police have apprehended a 33-year-old South Korean man on charges of laundering more than $50 million in USDT (Tether) into physical gold using a call-center scam.
Aug 24MitradeAvoid These 3 Cryptocurrencies if You Have $2,500 to Invest
The cryptocurrency market has significantly more underperforming assets than successful ones. Investing in meme coins resembles gambling more than traditional investing. Currently, stablecoins are gaining popularity among investors.
Aug 24AInvest$410M USDT Transfer Boosts DeFi as Whale Moves Funds to Aave
A noteworthy transaction in the cryptocurrency market involved the transfer of 410 million Tether (USDT), worth about $410 million, to Aave from HTX. This movement has sparked interest in decentralized finance (DeFi) developments.
Aug 24InvestopediaExperts Warn Stablecoin Adoption Could Increase Significant Run Risk in Crises
Recent research indicates that certain stablecoins could experience an annual run risk of 3% to 4%, which is significantly higher—by thousands of times—than that of banks insured by the Federal Deposit Insurance Corporation.
Aug 24AMBCryptoUSDC's Gateway may attract newcomers but not USDT users
Coinbase analysts predict that USDC may face challenges in gaining adoption, despite the introduction of its impressive Gateway cross-chain feature.