CryptoQuant data reveals over $1.3 billion in daily USDT net inflows, marking a record-breaking surge in just one week.
Tether has minted $5 billion worth of the USDT stablecoin over the past week amid Bitcoin's rally near the $90,000 milestone. Data from blockchain analytics platform SpotOnChain reveals that Tether began this series of USDT issuances with $1 billion minted on Nov. 6, contributing to Bitcoin's climb to a record high of $76,200.
Tether moves towards supporting AI-powered products via its new software development kits.
TL;DR Tether has launched its Wallet Development Kit (WDK) to simplify the integration of non-custodial Bitcoin and USDt wallets across various platforms, enhancing user experience and developer capabilities. The WDK is an open-source, modular toolkit that supports both human users and digital entities, ensuring complete control over assets without relying on third-party custody solutions.
Tether is making that possible with their new Wallet Development Kit or WDK. This open-source toolkit helps developers create wallets for Bitcoin and USD₮ that anyone.
Tether has launched an open-source wallet development kit that enables developers to create non-custodial cryptocurrency wallets for both human users and AI systems, supporting Bitcoin and USDT integration across multiple platforms.
Tether (USDT) is under investigation for sanctions and AML compliance. What's at stake for the stablecoin market?
WDK by Tether will allow businesses and developers to integrate non-custodial wallets into any app or website. The post Tether Launches Wallet Development Kit for Non-Custodial Wallet Integration appeared first on Cryptonews.
Stablecoin issuer Tether has unveiled a wallet development kit allowing developers and businesses to integrate non-custodian wallets for Bitcoin and USDT into apps and websites. According to a Nov.
On November 11, Tether CEO Ardoino announced through a post on X that Tether's Treasury had minted 2B USDT on the Ethereum Network to replenish its inventory. Ardoino disclosed that the USDT was authorized but not issued and would be used for chain swaps and issuance on the next request(s).
Tether announced the launch of its Wallet Development Kit on November 11. According to the digital asset company, the open-source software development kit would allow developers to integrate non-custodial wallets in any app or website.
The WDK will enable developers to integrate non-custodial wallets for USDT and Bitcoin into any app, website or device.
A Ukrainian tourist in Thailand was forced to transfer $250K in USDT during an armed robbery.
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Tether has introduced the Wallet Development Kit (WDK), an open-source, self-custodial toolkit for developers to create Bitcoin and Tether (USDT) wallets. Designed to provide financial autonomy, WDK by Tether supports both human and AI-driven entities, enabling them to manage their assets independently.
USDT issuer Tether launches a software development kit for non-custodial Bitcoin and stablecoin wallets.
Tether releases WDK, an open-source toolkit enabling non-custodial wallet integration for USD₮ and Bitcoin, advancing decentralized financial systems for developers.
Stablecoin giant Tether has created an additional four billion USDT as Bitcoin (BTC) and digital assets make another run to the upside.
Armed robbers in Thailand, where Devcon will be held, stole $250,000 from a Ukrainian crypto user on Monday, Nov. 11.
The company's investment branch recently financed a large oil transaction involving 670,000 barrels of crude oil from the Middle East. This oil, valued at around $45 million, was traded by a well-known global oil company.
The price rally comes in the wake of Donald Trump's return to the White House, with analysts predicting a new dawn for the crypto industry.
After the Ethereum price registered a strong 29% gain moving to $3,200 over the past week, Tron founder Justin Sun cashing out part of his ETH investment. Reportedly, dormant ETH whales have also turned active by offloading their holdings.
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether's USDT Expands by 34% in 2024 Over the past year, USDT's supply climbed by 34.27%, rising from $91.73 billion to $123.17 billion.
Tether has successfully completed its first crude oil transaction in the Middle East, marking a pivotal move into the commodities trading sector.
Big investors back CATZILLA, a rising crypto that could rival giants like TRON and Cardano—exploring its potential. #partnercontent
Tether is back in the spotlight, this time for assisting the authorities in solving a crypto crime. According to multiple reports, the stablecoin firm recently helped the Ontario Provincial Police in a crypto robbery worth $10,000 CAD.
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar.
Tether, the issuer of the popular stablecoin USDT, announced the successful completion of its first crude oil transaction in the Middle East.
The stablecoin market has surged past $176 billion, reaching levels last seen in 2022. With Tether (USDT) and USD Coin (USDC) leading the way, this rise shows how stablecoins are quickly gaining traction in the crypto space. Here's what's behind the growth and what it means for the future.
TRON (TRX) price has fallen between the moving average lines and faces rejection at the $0.17 high.
TRON DAO's involvement highlights its strategic role in shaping blockchain's future, enhancing global digital finance infrastructure. The post TRON DAO participates as gold sponsor at Binance Blockchain Week in Dubai appeared first on Crypto Briefing.
Tether's Investment division is announcing the financing of a $45 million physical crude oil transaction between a major oil company and a commodity trader. In a new announcement, the USDT-stablecoin issuer says that this transaction is Tether Investments' first crude oil transaction in the Middle Eastern region, marking Tether's expanding role in global commodities trading.
Tether has completed its first USDT-based crude oil transaction in the Middle East, financing a $45 million deal involving 670,000 barrels, as part of its strategy to expand into commodities trading and modernize global trade flows. The post Tether Completes First USDT-Based Crude Oil Transaction in Middle East appeared first on Cryptonews.
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region.
Tether recently assisted the Ontario Provincial Police in recovering $10,000 CAD worth of stolen cryptocurrency. This recovery was achieved through Tether's collaboration with the OPP's Cyber Investigations Team, showcasing the company's commitment to supporting law enforcement in combating cybercrime.
Tether, the issuer of the world's largest stablecoin, has recently minted $2 billion worth of USDT on the Ethereum network, while simultaneously reallocating funds across multiple leading cryptocurrency exchanges. This move, coming on the heels of an earlier $1 billion mint on the Tron blockchain, has caught the attention of the crypto community and market analysts.
Tether has entered the oil trading market with a $45 million deal financing 670,000 barrels of Middle Eastern crude oil, marking its expansion from cryptocurrency into traditional commodity trading.
Tether has made the funding for the first time for crude oil transactions in the Middle East. This action is part of stablecoin's issuer's bigger plan to expand its business in the world of commodity trading.
TL;DR Tether has completed its first USDT crude oil transaction in the Middle East, financing 670,000 barrels of oil worth $45 million. The operation strengthens the company's role in global trade financing. Its Tether Trade Finance division offers modern and accessible solutions.
Tether's investment division completes its first Middle Eastern crude oil transaction.
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
The giant of digital assets finances a historic operation of 670,000 barrels worth 45 million dollars
Completed in October 2024, the deal facilitated the transport of 670,000 barrels of crude oil and marked Tether's entry into the commodity trading market.
Tether's investment division successfully funded its first crude oil transaction in the Middle East. The transaction, involving a leading publicly traded oil super-major and a top-tier commodity trader, facilitated the transport of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million.
The deal is structured as a “short-term product prepayment,” with the stablecoin issuer set to receive both the principal amount and interest.