BitcoinWorld
Massive USDT Transfer to Ethena Sparks DeFi Liquidity Concerns: 299,909,990 Stablecoins Moved
A massive transfer of 299,909,990 USDT has moved from an unknown wallet to the Ethena protocol. Whale Alert, a blockchain tracking service,...
MoonPay officially announces its premier Iron-powered Virtual Accounts in New York, ushering in a new era of traditional finance embedded with blockchain settlement. According to the announcement, this infrastructure improves MoonPay’s core product...
BitcoinWorld
1 Billion USDT Minted: Massive Stablecoin Liquidity Influx Shakes Crypto Markets
The cryptocurrency market witnessed a significant event as 1,000 million USDT was minted at the Tether Treasury. Whale Alert, a prominent blockchain...
Tether, the leading stablecoin provider, has announced the largest asset freeze in its history by blocking more than $344 million in USDT. This is as part of a collaboration with U.S. Treasury’s Office of Foreign Assets Control (OFAC) and federal...
US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits. On April...
Tether announced on Wednesday that it had frozen over $344 million in USDT stablecoins. It came with a warning from the company’s CEO, Paolo Ardoino, discouraging bad actors from using the stablecoin for illicit activities. “USDT is not a safe haven...
BitcoinWorld
USDC Minted: 250 Million Stablecoins Unleashed, Boosting Market Liquidity
In a significant move for the crypto market, 250 million USDC minted at the USDC Treasury. Whale Alert, a leading blockchain tracking service, reported this...
The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows.
The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance.
BitcoinWorld
USDT Minted: 350 Million New Tokens Signal Major Liquidity Surge for Crypto Markets
A significant event has occurred in the cryptocurrency market. Whale Alert, a leading blockchain tracking service, reported that 350 million USDT has...
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