USDC's supply has risen to just under $61 billion as of April 19, up from $44 billion at the start of the year.
USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
The TON blockchain revealed important milestones over the past month, pushing its token price up by 4% in just 24 hours.
“I think the industry a year ago was messy, was very competitive,” LayerZero CEO Bryan Pellegrino told me. But it's been “cleared up” thanks to the friendlier environment and overall adoption.
USDT on TRON reached record supply after another 1B mint. For 2025, Tether added 10B tokens to the TRON network.
HTX, a leading global cryptocurrency exchange, has announced the launch of its Million USDT Airdrop Event, designed to give back to loyal users and welcome new participants. Running from 09:00 (UTC) on April 18 to 09:00 (UTC) on April 25, the campaign features over 1 million USDT in prizes across HTX's Spot, Futures, Margin, and Earn services.
Data shared by the analytics X account @lookonchain and also mirrored by Whale Alert blockchain tracker shows that approximately half an hour ago, Tether issued a massive stablecoin chunk containing 1,000,000,000 USDT.
The BNB Chain is the biggest carrier for USDT active wallets, offering small-scale transfers for trading and DEX swaps.
Tether Treasury mints 1B USDT on Tron; market impacts discussed.
Binance BNB Chain is quietly stealing the spotlight. Over the past month, it has become the number one choice for people using USDT (Tether), the world's most popular stablecoin. With nearly 12 million active wallets, BNB Chain has now taken the lead from other big players like TRON and Ethereum.
Tether, the biggest stablecoin in the cryptocurrency industry, is ‘printing' money as its revenue soars. TokenTerminal data indicates that Tether (USDT) has generated $1.46 billion this year, a figure that is expected to surpass $1.
Toncoin (TON) is trading in the lower part of the chart between the support of $2.50 and the high of $4.00.
Tether doubles down on mining with Bitdeer and OCEAN, and invests in Fizen to improve digital payment accessibility and infrastructure.
The crypto market has largely consolidated over the past week, as bulls attempt to regain control.
TL;DR $55M Investment with a 3-Year Lock-Up: Andreessen Horowitz has committed $55 million to LayerZero's ZRO tokens, locking in the funds for three years. Building on Past Success: This strategic investment builds on prior rounds in March 2022 and April 2023, reinforcing consistent confidence in LayerZero's innovative cross-chain communication protocol.
Tether buys $32 million in Bitdeer shares, increasing its stake above 21% as Bitcoin miners struggle with falling prices and rising costs.
TON Festival is the largest cross-marketing collaboration ever launched on Telegram , unlocking access to a potential 100M+ user base . Designed as a high-traction virtual event , it's set to become one of the most impactful Web3 festivals to date.
The finance ministry in Moscow is now considering the creation of a Russian cryptocurrency similar to the U.S. dollar-pegged Tether (USDT), local media reported. The proposal to issue a domestic stablecoin comes after last month Tether blocked billions of rubles' worth of crypto assets in wallets on a sanctioned Russian exchange.
LayerZeros native token, ZRO, rallied on Thursday after leading venture capital firm Andreessen Horowitz (a16z) expanded its investment in the blockchain interoperability protocol. The a16z crypto arm purchased an additional $55 million worth of ZRO tokens with a 3-year lock-up period, according to general partner Ali Yahya.
The Bank of America is attempting to enter the stablecoin market and is positioning itself against established industry leaders like Tether and Circle. Pegged to fiat currencies like the US dollar, stablecoins account for billions in daily transaction volumes and traditional banks are unwilling to be left out of the loop.
A16z has invested $55M in LayerZero's ZRO token with a three-year lockup, signaling confidence even as crypto markets face volatility and trade pressure. The post VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher appeared first on Cryptonews.
Russian officials are reconsidering the country's reliance on foreign-issued stablecoins after wallets linked to the sanctioned crypto exchange Garantex were frozen.
Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.
Andreessen Horowitz invests $55 million in LayerZero tokens.
Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments in LayerZero, including an initial investment in March 2022 and a subsequent investment during LayerZero's Series B funding round in April 2023.
Venture capital firm a16z Crypto has acquired an additional $55 million worth of LayerZero's native token, ZRO, according to an announcement on X.
The A16z team intends to lock the acquired ZRO tokens for three years to ensure its market stability. ZRO price is well primed for a major bullish rebound if the wider crypto market rises in the near future. Andreessen Horowitz (a16z) has been a huge contributor to the success of the LayerZero (ZRO) omnichain protocol.
Interoperability protocol LayerZero's native token (ZRO) surged Thursday on news that venture capital firm Andreessen Horowitz's (a16z) crypto arm increased its investment in the project.
As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.
The Russian Ministry of Finance is exploring the possibility of developing its own stablecoin. This comes after recent U.S. sanctions and actions by Tether, which blocked wallets linked to the Garantex exchange.
New sanctions have reignited calls in Russia for financial self-reliance.
Russia plans to develop its own stablecoins after Tether froze $27 million on a Russian exchange amid ongoing sanctions.
Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions.
A senior official from Russia's Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia.
Stablecoin issuer Tether is the largest centralized finance lender (CeFi) in the digital asset space, according to new analysis. Zack Pokorny, a research analyst at the crypto investment giant Galaxy Digital, notes that Galaxy and the Bitcoin (BTC) lending firm Ledn were the second and third-largest lenders, respectively.
Russia's push for its own stablecoins highlights a strategic shift to reduce reliance on Western financial systems amid increasing sanctions. The post Russia's finance ministry official urges country to launch its own stablecoins after USDT wallet block appeared first on Crypto Briefing.
Tether has invested in Fizen Limited to grow stablecoin use and make crypto payments easier for users and businesses.
Tether Invests in Fizen Limited to address financial exclusion by enhancing stablecoin payment infrastructure. The investment will improve Fizen's blockchain capabilities across multiple ecosystems, allowing users to store, transfer, and transact with USDT through familiar payment methods like QR codes. The post Tether Invests in Fizen to Advance Stablecoin Adoption appeared first on Cryptonews.
The partnership could significantly boost crypto usage and economic empowerment, fostering a more inclusive financial landscape in Argentina. The post Kripton selects TRON and Tether to drive crypto adoption and financial inclusion in Argentina appeared first on Crypto Briefing.
Tether, the company behind the world's largest stablecoin USDT, has strategically invested in Fizen Limited to support the broader adoption of stablecoins and self-custody solutions. The deal, announced on April 15, did not disclose the financial details but aligns with Tether's broader goal of promoting financial inclusion through blockchain technology.
Fizen will use the investment to drive stablecoin adoption via its platform.
Sui (SUI) has gone down by 4% today to $2.20 per coin as the market has been choppy since the week started. Trading volumes have subsided by 16% as traders stay on the sidelines while prices consolidate.
Tether has announced a strategic investment in Fizen Limited, a fintech company focused on self-custody wallets and digital payments.
Tether partnered with Ocean to power their Bitcoin mining operations, optimising their hashrate and decentralizing Bitcoin's network. Currently, Bitcoin mining is centred around only a few powerful mining pools, which endangers the independence of the blockchain ecosystem.
Tether, the issuer of the USDT stablecoin, has invested in Fizen Limited. Finzen is a fintech company that focuses on self-custody crypto wallets and digital payments.
The crypto lending market is still a shadow of its former size preceding the brutal 2022-2023 crypto winter, but beneath the surface, signs of recovery are emerging, especially in the decentralized corner of the space, digital asset investment firm Galaxy Research said in a report on Monday.
TL;DR Tether shifts its Bitcoin mining power to the OCEAN pool, reinforcing its commitment to decentralization and reducing reliance on traditional mining intermediaries. The deployment leverages the DATUM Gateway protocol, ensuring robust performance in low-bandwidth areas and granting miners the freedom to craft their own block templates.
Tether, USDT issuer, announced that it will be directing its existing and future Hashrate to the Bitcoin mining pool, OCEAN.