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...
Paris Blockchain Week has earned its reputation as the event where the real decisions get made. Not the announcements rehearsed for press releases, but the conversations between people who are actually building the infrastructure of the next...
BitcoinWorld
USDT Transfer: Massive $214M Stablecoin Movement from Kraken to Aave Sparks DeFi Interest
Whale Alert, a prominent blockchain tracking service, has reported a significant USDT transfer of 214,000,000 tokens from the cryptocurrency...
BitcoinWorld
MoonPay Virtual Account Service Launches in New York: A Powerful Bridge from Fiat to Stablecoins
MoonPay has officially launched a virtual account service in New York State, marking a significant step in linking traditional fiat...
BitcoinWorld
Tether freezes $344M in USDT in major sanctions enforcement action
Tether, the company behind the world’s largest stablecoin, USDT, has announced a significant enforcement action. The firm froze 344 million USDT held in digital wallets...
BitcoinWorld
Tether Freezes Addresses Holding $344M in USDT: A Critical Move for Stablecoin Compliance
Tether, the leading issuer of the USDT stablecoin, has frozen two cryptocurrency addresses containing a combined total of $344 million. On-chain...
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