Tether said the next ten years would be focused on solving big problems, such as regulatory clarity in the crypto space.

ENA, the native cryptocurrency of Ethereum-based DeFi project Ethena has witnessed a strong surge as the platform pitches a direct stablecoin competition with industry giant Tether. As a result, the ENA price has shot up by 25% moving to $0.35 with its market cap surging past $920 million.

Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.

Tether co-founder Phil G Potter donated almost half a million dollars towards the Commonwealth Unity Fund (CUF), which is meant to support John Deaton. This comes as the 57-year-old John Deaton, the Republican hopeful is looking at ousting the Democratic candidate Senator Elizabeth Warren in Massachusetts.

The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.

El Dorado, a Latam-focused peer-to-peer (P2P) exchange, has partnered with Tron DAO to offer gasless TRC20-USDT transactions for its customers. Until October 30, each user will be able to perform a limited number of withdrawals with no costs associated.

On Sunday, Tether, the issuing company behind the largest and most widely used stablecoin on the market USDT, marked a significant turning point by celebrating its 10th anniversary.

TL;DR Market Surge: The stablecoin market has reached a total market capitalization of $169 billion, with Tether (USDT) leading the growth, increasing its market cap by $28 billion to nearly $120 billion this year.

USDT dominance movement reveals an interesting connection with crypto price movements.

According to the latest report from CryptoQuant, stablecoin liquidity has crossed new records, largely due to Tether and Circle. Ripple entered the space with its new RLUSD token.

USDT, the stablecoin issued by Tether, is reportedly experiencing the impacts of Chinese investors suddenly returning to their nation's stock market. According to a new report by Bloomberg, USDT has at times traded below the value of the US dollar since the end of September.

In a recent interview with Fox Business, Tether CEO Paolo Ardoino confirmed that the USDT stablecoin is 104% backed.

Paolo Ardoino, the CEO of Tether, the global firm behind the most widely used dollar-backed crypto token, USDT, gave a rare interview with FOX Business.

Stablecoin issuer Tether has revealed a 10-year roadmap aimed at launching new tokens to promote financial inclusion and innovation in areas such as AI, energy sustainability, and blockchain education. This strategic outline, presented during the company's 10th-anniversary event, reinforces Tether's dominance in the stablecoin sector.

On October 6, 2024, Tether, the issuer of the USDT stablecoin, celebrates its 10th anniversary with the release of a documentary titled "Stability and Freedom in Chaos." This film highlights the significant impact of USDT in countries like Turkey, Brazil, and Argentina, where rampant inflation has driven citizens to seek crypto alternatives to protect their wealth.

Binance's latest proof-of-reserves report shows a notable decline in user assets in September as the crypto market wandered in the red zone.

The world's leading stablecoin provider, Tether, has announced a remarkable achievement: it has now surpassed 350 million users just a decade after its 2014 launch.

The news comes amid the company's 10-year anniversary celebration.

TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has replaced the USDT pool with USDC to enhance the user experience, providing greater stability and reliability in transactions.

Tether marked its 10th anniversary on Monday, celebrating a market capitalization nearing $120 billion with over 350 million users globally.

Bybit Launchpool now supports the SUI pool, its first native token pool. Bybit also replaces the USDT pool with USDC and introduces the NAVI token in the SUI ecosystem.

Tether celebrates USDT's 10th anniversary, highlighting its dominance in inflation-affected countries and plans for future expansion beyond financial tools.

The United States alleges that a North Korean hacking group conducted a series of brazen heists, targeting both traditional financial institutions and the crypto space.

Tether celebrates 10 years of innovation, solidifying its role as the leading stablecoin with 350 million users worldwide. Discover Tether's impact on global finance and its future vision.

The company is preparing to become compliant with the European MiCA to avoid delisting.

Bitcoin poised for gains as metrics and liquidity signal potential bullish trend.

Stablecoin issuer Tether is celebrating its 10th anniversary along with the success of its flagship product, USDT.

Coinbase is preparing to delist stablecoins that don't adhere to European regulations by year's end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union's Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies.

Coinbase has announced plans to delist Tether's USDT and other stablecoins that do not comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase's efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state.

Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year. A spokesperson for the crypto exchange tells Bloomberg the exchange will delist stablecoins in Europe that don't comply with the EU's Markets in Crypto-Assets Regulation (MiCA).

to the MiCA regulation by the end of December 2024. This decision is part of the company's compliance with the new regulatory requirements of the European Union for the digital asset sector.

Tether is preparing to launch a new technology specifically for the European market. This strategic move comes in response to changing regulatory frameworks in the region, especially as MiCA (Markets in Crypto Assets) regulations come into full effect.

The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure.

Tether's new tech solution may influence stablecoin compliance strategies, impacting regulatory adaptation and market dynamics in Europe. The post Tether to unveil new tech solution for European market amid Coinbase delisting rumors appeared first on Crypto Briefing.

Coinbase, a leading US cryptocurrency exchange, is set to delist all non-compliant stablecoins from its European platform by the end of 2024. The move comes as the European Union's Markets in Crypto-Assets (MiCA) regulation, which enforces stringent standards on stablecoin issuers, takes full effect in December.

TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic currency in at least one member state. Coinbase will offer options for users to convert their stablecoins to compliant versions, such as Circle's USDC. Coinbase Global Inc.

While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.

Coinbase plans to remove all non-compliant stablecoins from its platform in the European Economic Area (EEA) by the end of the year. This move aligns with the company's efforts to adhere to the European Union's upcoming Markets in Crypto-Assets (MiCA) regulations.

As regulatory conditions tighten in the region, Coinbase will delist all non-compliant stablecoins in the European Economic Area (EEA) by the end of the year.

Coinbase Global has shocked the cryptocurrency world with its recent announcement. The popular exchange plans to delist all unauthorized stablecoins in the European Economic Area (EEA) by the end of the year. This decision could deal a significant blow to major tokens like Tether Holdings Ltd's USDT, which is the largest stablecoin in the world.

The crypto universe never lacks surprises. As USDT begins to waver, an opportunity arises for altcoins, those alternative assets that often wait for their moment of glory.

An analyst has identified a bearish pattern on the USDT dominance chart which now signals an impending rally for the altcoin market

Tether's USDT has become a fundamental part of the financial landscape, not only within the cryptocurrency market but also in the broader global economy. Paolo Ardoino, CEO of Tether, shared insights in a recent interview about how USDT serves as a financial lifeline in countries facing inflation and weak financial systems.

Justin Sun's team dumped 5.37 million EIGEN tokens for $21.66 million USDT merely twenty-four hours after it was launched. These tokens, which Sun received in an airdrop, were sold at an average price of $4.03 each, according to on-chain data.

Tether's USDT has become the most used digital dollar globally, particularly in economically unstable countries like Argentina and Turkey.

Paolo Ardoino, CEO of Tether, discusses USDT's role as a stable and accessible financial tool in volatile economies.

Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.