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news-imageNovember 5, 2024

Tether's USDT Usage Surges in Sanctioned Countries

Tether, the world's largest stablecoin, is witnessing an increased utilization of its USDT token in countries that are currently facing international sanctions, such as Russia and Iran. According to a recent report from Bloomberg, which draws on data from blockchain analytics firm Chainalysis, this trend is particularly evident in major urban centers across Eastern Europe, the Middle East, and Africa.
Publisher: The Currency Analytics
Sentiment: Neutral
USDT

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cover-imageCrypto Economy
January 2, 2025

Tether Market Cap Slips Amid MiCA Compliance Concerns

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.

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cover-imageThe Currency Analytics
January 1, 2025

Tether USDT Delisting: What Investors Need to Know

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.

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