Tether's general counsel resigns as USDT faces uncertainty over compliance with new EU crypto regulations.

XRP's market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple's release of 500 million XRP from escrow, and substantial trading volumes on South Korea's Upbit exchange, indicating rising investor interest. The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews.

XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP's market cap is nearing the $140 billion threshold.

XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether's stablecoin.

The crypto markets closed 2024 on a shaky note, with fears surrounding Tether (USDT) dominating social media. Many speculate that Tether's compliance with Europe's MiCA regulations could trigger a market crash. However, the narrative may be overblown according to Michael Van de Poppe.

The price of XRP increased by over 1.6% in the last 24 hours to trade at $2.42. It has now overtaken Tether's USDT to secure the third spot in the crypto rankings by market capitalization.

The T3 Financial Crime Unit (T3 FCU), a collaborative effort between stablecoin giant Tether, the TRON blockchain, and blockchain intelligence company TRM Labs, has achieved a notable milestone by freezing over $100 million in criminal assets across the globe.

Tether and Bitfinex General Counsel Stuart Hoegner has retired, leaving Michael Hilliard to take his place as legal chief at the two firms.

Tether and Bitfinex General Counsel Stuart Hoegner has retired, leaving Michael Hilliard to take his place as legal chief at the two firms.

Stuart Hoegner has retired, leaving Michael Hilliard in charge of legal affairs for the stablecoin issuer and exchange.

Tron's T3 Financial Crime Unit, formed through a partnership between Tron, Tether, and TRM Labs, has frozen $100 million in Tether's USDT since its inception in September.

A crypto crime task force formed by Tron (TRX), TRM Labs and Tether has reportedly frozen over $125 million worth of USDT internationally since its August 2024 inception.

XRP price rises nearly 15% to $2.44, reclaiming third position in cryptocurrency rankings as whale activity and institutional interest drive market momentum.

Shiba Inu (SHIB), one of the most talked-about cryptocurrencies, has captured the attention of investors and enthusiasts alike. Despite facing a recent bearish trend and trading 14.5% lower than its high in December, many remain hopeful for a rebound in 2025.

Now that MiCA has taken effect in the European Union, crypto experts are divided on how this may impact Tether. USDT's market cap dropped sharply, but fears of a Tether collapse may be overblown.

A coalition formed by Tether, Tron, and TRM Labs is working with law enforcement agencies across the world to stamp out crypto-related crime.

Stablecoin leader Tether has seen its market value decline amid new European Union cryptocurrency rules. The company's USDT just had its sharpest weekly drop in two years, Coindesk reported Thursday (Jan. 2), leading to concerns about market volatility.

T3 Financial Crime Unit, started by Tron blockchain, stablecoin issuer Tether, and TRM Labs in September, has frozen $100 million in illegal USDT.

The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets.

“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.

Tether's U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the lethargic 2022 crypto market period.

Tether, Tron, and TRM Labs' joint initiative successfully freezes $100M in USDT through blockchain analysis, marking a major win against crypto-based financial crimes.

Tether's USDT has experienced its largest weekly drop in market capitalization since the FTX collapse of November 2022.

T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents. Formed by Tether, TRON, and TRM Labs in August 2024, the group collaborates with law enforcement worldwide to disrupt organized schemes that rely on blockchain transactions.

TL;DR The T3 Financial Crime Fighting Unit, formed by Tron, Tether, and TRM Labs, has frozen 100 million USDT linked to illicit activities. The unit uses blockchain intelligence tools to track and block malicious funds, monitoring over 3 billion USDT, mainly on the Tron blockchain.

In a latest development, the T3 Financial crime unit has hit a milestone of 100 million frozen USDT on Tron targeting a wide variety of bad actors, since the unit was formed in September. This marks a significant milestone in its fight against cryptocurrency-related financial crime.

TL;DR Tether (USDT) has suffered a drop of more than 1% in its market capitalization due to the implementation of MiCA regulation in the European Union. Several European exchanges have removed USDT from their offerings. However, the impact is mitigated by Tether's strong presence in markets outside the EU.

During the last week, the stablecoin Tether (USDT) has recorded a significant market cap loss due to MiCA.

The T3 Financial Crime Unit, a collaboration between Tron, Tether, and TRM Labs, has frozen $100 million in USDT linked to unlawful activities.

Tether's market cap has experienced a sharp 1% decline, falling from $140 billion to $137 billion, following the implementation of the EU's Markets in Crypto Assets (MiCA) regulations.

The CEO of digital asset analytics firm CryptoQuant is showing proof that demand for Tether (USDT) remains strong even as the largest stablecoin by market cap faces mass delisting.

The unit is a joint venture between Tron, TRM Labs and Tether.

Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.

With MiCA regulation coming into full force in the EU, the future of USDT, Tether's flagship stablecoin, faces mounting uncertainty.

In the dynamic and ever-changing crypto market, on-chain financial products have emerged as a beacon for investors, offering stable returns and robust security.

With nearly $20 billion in USDT minted in just the past month, Tether's business model is a gold mine that's hard to beat. Let's break down why this cash-printing machine called Tether is setting the standard in the financial world.

One of the largest cryptocurrency exchanges, made the headline-grabbing decision to delist Tether's USDT. This move followed the implementation of the European Union's MiCA (Markets in Crypto Assets Regulation), which went into effect on December 30, 2024.

With USDT already delisted in the EU, crypto investors face a critical decision: Should you switch to USDC? Here's everything you need to know about the differences, risks, and opportunities.

Renowned economist and Bitcoin critic Peter Schiff has come for the USDT issuer Tether. He accused the crypto firm of manipulation following its recent 7,629 BTC purchase.

With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies.

As a new edition of "Tether FUD" gains steam, Paolo Ardoino, CEO of USDT issuer, recalls what Bitcoin and Tether opponents have in common. Meanwhile, the community is guessing who might be behind the rumors about USDT allegedly facing immediate delisting in Europe.

As MiCA sparks uncertainty in Europe, Tether has transferred 7,629 BTC to its reserves, boosting its total holdings to $7.8 billion.

Tether has transferred 7,629 Bitcoin (BTC), valued at approximately $700 million, to its strategic reserve account.

Tether, Inc. burned 2B USDT on TRON, while the net supply of USDT on all chains contracted by 1B tokens in the past day. USDT burns signaled outflows of liquidity from the market, as BTC briefly dipped under $93,000.

Tether's market cap shed $4B following Coinbase delisting of USDT as MiCA guidelines become effective.

Tether recently boosted its Bitcoin holdings by adding $780 million worth of BTC to its reserves.

Tether, the issuer of the world's most widely used stablecoin, has moved nearly $780 million worth of Bitcoin into its corporate reserve in its largest transaction since March. The post Tether Moves Bitcoin Worth $780M to Reserve in Largest Move Since March appeared first on Cryptonews.