Tags : USDT

Regulation

Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto

Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets. “Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don’t know what they own,” he told The […]Read More

Cryptocurrency

Polkadot’s network prepares to welcome Tether USDt

Polkadot’s network utility is about to experience a significant boost. With the upcoming parachain rollout, the protocol will finally realize its scalable multi-chain architecture.  Although the new functionality is currently running on a testnet, developers are already preparing for it.  Enjin recently announced the launch of a next-generation NFT blockchain on the Polkadot network called […]Read More

Market

Tether Mints Record 2B USDT in One Week

Tether printed 2 billion dollar-backed tokens last week, a new record for the leading stablecoin project. Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin’s Omni Layer, per data from Coin Metrics, up from 4.8 billion one year ago.  The growth comes from a variety of factors, said Sam Trabucco, quantitative trader at […]Read More