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Latest Tether News and Insights | Yellow
Trust Yellow.com for the latest and most reliable Tether news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Tether trends and market movements.
News
Ethereum Whale Moves $206m from Bitfinex to Perform a Mysterious Chain of Trades
Jul 03, 2024
A significant Ethereum (ETH) transaction caught the attention of crypto analysts over the weekend. On-chain data revealed a single entity withdrew over $206 million worth of ETH from Bitfinex. What is this whale up to? Lookonchain suggests the whale is likely Abraxas Capital Management. it is a famo
Circle Secures EU Stablecoin Approval: Does USDC Have a Chance to Outrun USDT?
Jul 02, 2024
Circle has obtained registration as an electronic money institution in France. This grants the firm a crucial license to issue stablecoins under the European Union's new stringent crypto regulations. And thus Circle's USDC might finally get an edge over Tether's USDT. The approval comes from France'
USDT Minting on Ethereum and Tron Plummets 85% in Six Months: Bearish Sign?
Jul 02, 2024
The minting of USDT, the world's largest stablecoin by market capitalization, has dramatically declined on Ethereum and Tron networks. Over the past six months, issuance has fallen from $7 billion to just $1 billion. Sound like a catastrophy, yet it isn't. This sharp decrease coincides with a broade
Philippines Integrates USDT for Social Security Payments
Jul 01, 2024
The Philippines has adopted Tether's USDT for social security contributions. This move marks a significant shift in government payment systems. In some ways, this innovation might be considered as significant as El Salvador's Bitcoin adoption in 2021. The Social Security System (SSS) in the Philippi
Tether Ends USDT Minting on Eos and Algorand; No One Will Mourn
Jun 25, 2024
Tether has announced the discontinuation of USDT minting on Eos and Algorand blockchains. But don't panic, Tether will continue redemptions for 12 months. The change takes effect from June 24. Tether claims, the move is supposed to balance its ecosystem. "We carefully evaluate the network's security
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