Tether has pulled the plug on offshore Chinese yuan-backed stablecoin CNH₮, saying that new tokens will no longer be issued ...
Tether will halt CNH₮ issuance and end redemptions in one year, citing weak demand and shifting stablecoin priorities.
Tether discontinues CNH₮ stablecoin issuance, sets February 2027 redemption deadline, citing low demand, shifting strategy, ...
Tether invests in Dreamcash as USDT equity perpetuals launch on Hyperliquid, opening new trading avenues for retail users.
Tether’s USDT remains the largest stablecoin at $183B as Tether expands into regulated U.S. stablecoins with USA₮.
SQRIL (pronounced squirrel), the Southeast Asia based startup backed by the Plan B VC Fund which provides a payments API switch for traditional banks and ewallets, now supports crypto apps through ...
Tether USDT’s circulating supply has fallen by $1.5 billion so far in February, nearing its biggest monthly supply drop of $2 billion after the collapse of FTX in 2022.
Tether is deepening its push into tokenised gold through a $150M stake in Gold.com, integrating Tether Gold and exploring stablecoin payments.
Stablecoins are somewhat like bank deposits. Typically, a consumer who wants a stablecoin gives a dollar to an issuing company, who mints a stablecoin on a blockchain. The user can then send that ...
The IMF says stablecoins are becoming more closely tied to the US dollar system rather than replacing traditional banks.