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Tether Holdings, the big cheese behind USDT, has ditched plans to launch its own blockchain. The move comes as the market bursts at the seams with existing chains. Paolo Ardoino, Tether's CEO, spilled the beans to Bloomberg News. He reckons the market's already jam-packed. "We're tech whizzes, but b

TRON DAO Reserve's USDD stablecoin has lost its Bitcoin backing. The move was spotted on social media Tuesday. It's left USDD relying mainly on TRX, Tron's native token. A whopping 12,000 BTC vanished from USDD's collateral address. That's about $726 million gone. No official announcement came from

Tether's just dropped a bombshell. The stablecoin issuer minted $1 billion USDT on the Tron network. This move brings their total minted tokens in the past year to a whopping $33 billion. Blockchain data spilled the beans on August 20. Tether created the tokens and sent them to its treasury wallet.

Celsius Network is going after Tether. The bankrupt crypto lender filed a lawsuit demanding the return of $3.35 billion worth of Bitcoin. And beyond any doubt, this is a story that might have an unpredictable outcome with a massive influence on the market. The legal drama kicked off in New York's So

Circle CEO Jeremy Allaire (the man in charge of USDC) has made a bold prediction about the future of digital assets. In a recent interview, he suggested stablecoins could capture a significant portion of the electronic money market. Allaire compared stablecoins to online videos. He noted how streami