Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate international trade with China and India, according to a Reuters report.Russian oil companies have been using crypto assets like Bitcoin (BTC) and Tether's USDt (USDT) to accelerate international trades, Reuters reported on March 14, citing four sources with direct knowledge of the matter. One Russian oil trader reportedly conducts tens of millions of dollars worth of monthly transactions using digital assets, according to a source who spoke on condition of anonymity due to a non-disclosure agreement.
Bitcoin's price outlook is improving as stablecoin liquidity surges, with USDT market cap expanding by $5.75 billion in the past 60 days. According to CryptoQuant's Mar. 13 post on X, this increase surpasses its 60-day simple moving average of $3.
The outlook for Bitcoin (BTC) is showing signs of improvement as stablecoin liquidity increases and key market indicators signal a potential reversal of the recent deep correction. CryptoQuant highlighted a significant expansion in the market capitalization of Tether USD (USDT), which usually leads to rising Bitcoin prices.
Offchain Labs Co-Founder & CEO Steven Goldfeder breaks down Arbitrum's BoLD protocol and the broader Layer 2 ecosystem.
Tether CEO Paolo Ardoino shared his thoughts into the future of stablecoins and the impact of new legislation from the White House.
Tether CEO Paolo Ardoino has expressed excitement regarding the much-hyped stablecoin bill, which passed the U.S. Senate Banking Committee earlier today.
Digital asset exchange DigiFT has launched Invesco's tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets.According to a March 13 announcement, Invesco's US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The tokenized asset was launched on Feb. 19 and is designed to track the performance of a private credit fund managed by Invesco, a publicly traded investment manager headquartered in Atlanta, Georgia.
Tether is angling to join Cantor Fitzgerald's Bitcoin financing business, citing a long-term business relationship. A press release by Cantor Fitzgerald omitted the stablecoin issuer but its CEO says a partnership is still in play.
Get a jump start on the US trading day with "Bloomberg Open Interest". Matt Miller, Katie Greifeld and Sonali Basak.
The following is an opinion piece by Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList. Stablecoin Act drafts that would effectively ban Tether and other non-US stablecoin issuers from the US market due to offshore operations are circulating.
Tether Chief Executive Officer Paolo Ardoino talks about crypto regulation, the firm's USDT stablecoin and their relationship with Cantor Fitzgerald, which was recently led by Howard Lutnick, who is now the US Commerce Secretary. Ardoino is on "Bloomberg Open Interest.
Stablecoin spikes during dips often signal buying. But this time - caution or the next rally?
The decline of Bitcoin exchanges and the "Hodl" strategy
TL;DR Record Activity: Tether's daily on-chain transfers surged to over 143,000, reaching a six-month high amid volatile market conditions. Trader Strategy: Increased buy-side activity as traders accumulate USDT during market dips to capitalize on upcoming buying opportunities.
The role of stablecoins is expanding beyond the crypto market and attracting attention from traditional financial institutions. Meanwhile, new regulations from Europe and the US could make stablecoins more useful in the real world.
Stablecoin adoption in Latin America is increasing as more users turn to Circle's USDC and Tether's USDT for financial stability, according to a new report from cryptocurrency exchange Bitso.The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, the firm said in its third edition of the Latin America Crypto Landscape report issued on March 12. The report highlighted a significant increase in stablecoin adoption on the platform, with total stablecoin purchases surging 9% from 2023.
The event marked his first official trip to the United States.
Attendees erupted in applause when Paolo Ardoino, Tether's public face, took the stage at the Cantor Fitzgerald Global Technology Conference in New York. Despite Tether's outsized influence in crypto, it was Ardoino's first major public appearance in the U.S., a country he had long avoided over regulatory scrutiny.
Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether's (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers on March 11, the highest in six months.
Paolo Ardoino, the face of Tether, received applause as he took the stage at the Cantor Fitzgerald Global Technology Conference in New York. Dressed casually in a Ralph Lauren polo and gray khakis, he contrasted sharply with the business attire around himyet he likely held the deepest pockets in the room.
Tether CEO Paolo Ardoino argued that Tether is the “most important ally for the US” in its goal of maintaining the dollar's dominance in the global economy.
Ardoino spoke at the Cantor Fitzgerald Global Technology Conference on Wednesday as he continued his first trip to the United States.
Tether has witnessed a significant surge in on-chain activity in recent weeks, which could signal potential buying pressure following the latest crypto dip. Market intelligence platform Santiment says on-chain data related to Tether (USDT) points in this direction.
Tether CEO Paolo Ardoino has defended the company's role in the U.S. financial system, stating that its $115 billion in treasury holdings make U.S. debt more resilient. Speaking at a rBitcoin Policy Institute event on Mar.
Tether's USDT has received official approval from Thailand's Securities and Exchange Commission (SEC), marking a significant milestone for the stablecoin in the Southeast Asian market.
A regulatory framework for the cryptocurrency market
Paolo Ardoino, CEO of Tether, stated today that USDT stablecoin adoption in developing nations effectively creates a decentralized market for US debt, positioning everyday people as indirect purchasers of American treasuries through Tether's reserves.
Offchain Labs, the research and development team behind the Ethereum layer-2 solution Arbitrum, has unveiled a strategic plan to acquire ARB tokens.
TL;DR Offchain Labs has announced a strategic plan to gradually increase its ARB reserves, reinforcing its commitment to the growth of the Arbitrum ecosystem. The company plans to acquire tokens through open-market purchases and other transactions, leveraging technical advancements such as Orbit, Arbitrum BoLD, and Stylus.
The Thailand Securities and Exchange Commission has approved USDT and USDC for trading on regulated exchanges.
Arbitrum announced a strategic buyback plan to acquire ARB tokens amid a prolonged price decline. Its backing company, Offchain Labs, marks a significant move to reinforce its commitment to the ecosystem.
Developers behind Arbitrum, Offchain Labs, have confirmed an impending strategic ARB buyback plan. The initiative involves gradual purchases of ARB assets via the open market and other transactions according to the plan. The move underscores Offchain Labs' dedication to enriching Arbitrum's growth and stability, positioning the blockchain as the leading Ethereum L2 scaling solution.
The country's SEC has officially approved Tether's USDt and Circle's USDC for trading on regulated exchanges. This move is part of a broader effort to embrace digital assets while keeping a firm grip on regulation.
Offchain Labs, the development team behind Arbitrum, recently announced a strategic plan to purchase ARB tokens.
Offchain Labs revealed it had launched a strategic plan to increase its Arbitrum holdings. The Arbitrum R&D team announced it would purchase Arbitr over time through open market and other transactions.
Thailand's Securities and Exchange Commission (SEC) has officially approved Tether's USDT and Circle's USDC stablecoins for trading on regulated exchanges.
Thailand's Securities and Exchange Commission has officially approved Tether's USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia.
Offchain Labs said it's reinforcing its commitment to the Arbitrum ecosystem by adding ARB tokens to its treasury.
Thailands Securities and Exchange Commission (SEC) has expanded its list of approved cryptocurrencies, adding the two largest stablecoins, Tether (USDT) and Circle (USDC), as trading pairs on regulated digital asset exchanges. The decision follows a public consultation in February, where most respondents supported the move.
Thailand's SEC announced top stablecoins USDT and USDC as official cryptocurrencies for various uses. Thailand citizens can start USDT and USDC trading and payments from March 16, 2025.
Thailand has added two dollar-backed stablecoins to its list of regulated cryptocurrencies as global stablecoin adoption gains steam.
On-chain data from Lookonchain revealed that USDT and USDC Stablecoins on Ethereum increased by $1.3 billion. The analytic firm also noted that USDT and USDC Stablecoins on Hyperliquid decreased by $77 million.
Thailand's SEC approved USDT for trading and payments on regulated exchanges, effective March 16, 2025, fostering digital asset innovation with a robust regulatory framework. The post Thailand SEC Approves USDT for Trading and Payments on Regulated Exchanges appeared first on Cryptonews.
Thailand's Securities and Exchange Commission (SEC) has given the nod to Tether's USDT to operate in the country. The move will see USDT granted legal approval in the Southeast Asian country as it seeks global regulatory compliance.
The Cayman Islands has attracted a number of large crypto companies and foundations, and these new regulations will impact their operations. The post Cayman Islands Introduces New Crypto Licensing, How Will This Affect HBAR, SUI and ARB? appeared first on Cryptonews.
CertiK identified a signature verification exploit on Arbitrum, resulting in a $140,000 theft, highlighting the persistent security vulnerabilities within DeFi platforms. The post CertiK Identifies $140K Signature Verification Exploit on Arbitrum appeared first on Cryptonews.
Thailand Securities and Exchange Commission (SEC) has designated Tether stablecoin USDT as an approved cryptocurrency. The stablecoin issuer announced this on March 10, noting that it will boost USDT use in the country.
Thailand's financial regulator, the Securities and Exchange Commission (SEC), has expanded its list of approved cryptocurrencies. The country has now allowed the use of Tether (USDT) and Circle's USD Coin (USDC) on licensed digital asset exchanges. This decision follows a growing demand for stablecoins in crypto trading and payments worldwide.