USDT in the spotlight: latest news

Upbit has announced the listing of MMT, presenting an exciting new opportunity for crypto traders. This development is sure to generate interest within the cryptocurrency community in South Korea and beyond.

According to data from ChainCatcher and Coinglass, a transfer of 30 million USDT occurred from an unknown wallet to the Bitget exchange at 23:30 on November 4.

In October, stablecoin transaction volume on the Ethereum network soared to $2.8 trillion, reflecting a 45% increase from the previous month.

Ripple USD, a stablecoin launched by XRP issuer Ripple, has achieved a market capitalization of over $1 billion, reaching the top 10 USD stablecoins in less than a year since its debut.

Ripple's US dollar-pegged stablecoin, RLUSD, has now ranked among the top 10 stablecoins by market capitalization. Recent on-chain data indicates that the coin has surpassed significant competitors.

Bitcoin (BTC) has temporarily fallen below the $100,000 mark, currently trading at $99,869.11. This represents a decline of 6.43% compared to the previous day.

The decentralized finance (DeFi) sector is set to undergo significant transformation in 2025, driven by advancements in innovation, interoperability, and artificial intelligence.

Oobit has launched in Brazil with support from Tether, allowing users to spend cryptocurrency directly from their self-custody wallets using tap-to-pay technology.

Tether's USDT coin has achieved significant profitability this year, surpassing $10 billion in profits and becoming a leading holder of US Treasury securities.

Tether, based in El Salvador under the leadership of crypto-friendly president Nayib Bukele, issues USDT, the most widely utilized stablecoin globally.

Tether announced a year-to-date profit exceeding $10 billion and has become the 17th largest holder of U.S. Treasury securities. The supply of its stablecoin, USDT, increased to over $174 billion in the third quarter, coinciding with a rise in global adoption, which has now reached 500 million users.

Tether reported an impressive net profit of $10 billion in the first nine months of 2025, surpassing Bank of America. Additionally, the company increased its USDT supply by $17 billion and announced plans for a regulated USAT stablecoin.

Tether Holdings Ltd., the issuer of the USDT stablecoin, has reported that its annual profits have surpassed $10 billion. The company's recent attestation confirms this significant financial milestone.

Stablecoin leader Tether has increased its USDT supply threefold since the beginning of 2023, reporting profits that rival those of major financial institutions.

In October, stablecoins achieved a transaction volume exceeding $2.8 trillion, largely due to significant accumulation of Ethereum by large investors. This marks a notable 45% increase in monthly transaction volume.

Stablecoin issuer Tether has achieved a significant financial milestone by becoming the 17th largest holder of U.S. Treasury securities, following a profit of $10 billion.

Tether has established itself as a significant player in the financial landscape, amassing over $135 billion in U.S. dollar reserves, effectively creating a shadow central bank. While Bitcoin aimed to disrupt the traditional financial system, Tether has successfully constructed an alternative framework.

Tether, the leading stablecoin issuer, has significantly increased its USDT supply by three times since the beginning of 2023, resulting in impressive profits that rival those of major banks.

Bitcoin (BTC) has momentarily dropped below the $107,000 mark, currently trading at $106,997.55. This represents a decline of 2.88% from the previous day on the Binance Tether (USDT) market.

According to Jinse Finance, market data shows that ZKsync (ZK) briefly exceeded $0.07 before settling at a trading price of $0.06855, reflecting a significant 24-hour increase of 94.4%.

Institutions are increasingly influencing cryptocurrency adoption, as evidenced by the ongoing interest in Bitcoin, the issuance of dollar-backed stablecoins by various states, and the growing focus on payment use cases.

Boca Bitcoin Hybrid Fund has emerged as the largest real estate Bitcoin hybrid fund following Cardone Capital's recent acquisitions. In October, Cardone Capital purchased $52 million worth of Bitcoin and has now acquired an additional $22 million.

A new era of smart mining is emerging with HashJ, transforming the digital finance landscape. Bitcoin Cloud Mining, XRP Mining, and Dogecoin Mining are leading this change, offering opportunities to earn up to $9,679 daily and receive $118 instantly.

According to Defillama data reported by BlockBeats News on November 2, pump.fun generated $1.42 million in revenue in the past 24 hours, surpassing Hyperliquid, which earned $1 million.

Tether, the leading issuer of stablecoins, has showcased its financial robustness and market leadership. The company has reported excess reserves amounting to $6.8 billion, which reinforces its stability in the financial market.