USDT in the spotlight: latest news

The price of Contentos surged by 3.18% over the past 24 hours, closing near a multi-day high. Additionally, volatility increased as the price broke above a significant 15-minute resistance level at 0.003213.

The CEO of Tether, a prominent cryptocurrency company that reported first-half profits of $5.7 billion, has referred to gold as "natural bitcoin" while discussing potential investments in gold mining companies.

Tether Holdings SA is enhancing its gold strategy by increasing its investment in a Canadian gold royalty company.

Tether and USDC are both designed to maintain the stability of your dollar's value. Investors should consider key factors before deciding on their stablecoin strategy.

In Frankfurt, ECB President Christine Lagarde emphasized the need for strict guarantees, stating that foreign stablecoins must adhere completely to EU regulations.

Bybit and Tether are strategically expanding into emerging markets, aiming to enhance cryptocurrency adoption and create new investment opportunities.

XRP (Ripple) has regained a market capitalization of $170 billion, reclaiming its position as the third largest cryptocurrency by overall market cap.

Tether has appointed Bo Hines, a former senior White House official, to help spearhead its expansion of U.S. stablecoin initiatives. Hines's recent exit from the White House has generated significant attention in the cryptocurrency sector.

XRP (Ripple) has regained $170 billion in market capitalization, surpassing Tether (USDT) and reclaiming the third position in overall market capitalization rankings.

TRON is making significant advancements in stablecoin dominance and cross-chain interoperability by integrating USDT through deBridge. This integration is expected to enhance liquidity flows for both institutional and retail investors.

A recent report by blockchain analytics firm Chainalysis highlights the growth of the global stablecoin market, which has reached a volume of $2.5 trillion. However, it also points out that the market continues to experience significant fragmentation.

The stablecoin market is expected to continue its growth, reaching a total capitalization of $297.05 billion by September 4, 2025. Tether currently holds the leading position in this market.

Venezuela is transforming its payment methods for crude oil shipments by utilizing USDT, despite facing economic challenges and sanctions.

Venezuela has made significant strides in its cryptocurrency adoption, with over 50% of the nation's oil payments now being conducted in USDT, the stablecoin issued by Tether.

China is exploring the development of its own stablecoin, raising questions about the future of the $250 billion stablecoin market, which is currently led by Tether's USDT, valued at $158 billion, and Circle Internet's USDC, worth $62 billion.

Tether announced on September 3 that USDT can now be seamlessly used on the TRON blockchain, thanks to deBridge's advanced cross-chain technology.

Ripple is launching a stablecoin initiative, RLUSD, to challenge Tether's USDT dominance in Africa. The company plans to partner with Chipper Cash, VALR, and Yellow Card to enhance the financial landscape across the continent.

Ripple is aiming to expand the global reach of its RLUSD stablecoin by partnering with companies in Africa, targeting institutional adoption and potentially positioning RLUSD as a competitor to Tether's USDT.

Venezuela is making a strategic shift towards using Tether in response to the severe devaluation of its currency, hyperinflation, and U.S. sanctions that have limited its access to foreign currency.

Tether has minted $2 billion USDT on the Ethereum blockchain, marking its largest issuance since December 2024. This decision comes during a downturn in the cryptocurrency markets and amid expectations of potential interest rate cuts.

Ethena's USDe, a delta-neutral synthetic stablecoin, has reached a market capitalization of $12.4 billion, surpassing DAI and USDS, and presenting a challenge to USDT and USDC.

Tether (USDT) and USD Coin (USDC) are both stablecoins pegged to the U.S. dollar. However, Tether is criticized for its complex ownership structure and lack of transparency regarding its reserves.

Justin Sun has publicly defended HTX's reserves on X, but an analysis indicates that HTX is lending 92% of its USDT on the Aave platform.

PayPal has introduced "Pay with Crypto," a blockchain-based settlement feature for US merchants. This new service enables payments in over 100 cryptocurrencies, providing 650 million users the ability to transact using digital currencies.

Venezuela has permitted the use of dollar-pegged cryptocurrencies in currency exchanges for the private sector due to U.S. sanctions that restrict access to foreign currencies.