USDT

Tether announced a strategic investment of $18.75 million USD, approximately 600 million NTD, in the Taiwan-based international financial institution XREX Group. The two parties have reached several business cooperation agreements and initiated new product launches.

Brock Pierce, a founding veteran of Tether, the issuer of USDT, has released a significant signal, suggesting that China will eventually open its cryptocurrency market. He is preparing to return to work in Hong Kong for the third time.

Tether, the world's largest stablecoin issuer of USDT.

Tether's $1 billion minting boosts Bitcoin's surge, hitting $73,000. Institutional ETF investments and technical analysis signal a bullish trend, propelling Bitcoin towards new highs.

The USDT stablecoin continues to be entangled with illegal forex transactions, prompting Kraken to announce that it is evaluating the possibility of delisting European Tether pairs.

Kraken may drop Tether's USDT in Europe due to impending MiCA regulations, amid regulatory scrutiny and compliance uncertainties.

Besides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.

Four individuals confess to $735,000 USDT theft in South Korean OTC crypto transaction. One member with gang ties suspected of money laundering. Victim urges fund recovery as crypto-related thefts rise in South Korea.

Stablecoins safeguard against market swings, backed by fiat or crypto, and maintain liquidity even amidst economic downturns, dominating 8.42% of the crypto market.

A new U.S. stablecoin bill heavily favors banks, potentially leading to a ban on the world's largest dollar stablecoin, USDT.