USDT Growth on TON Reaches $1.4B
@Tether_to’s $USDT reached $1.4 billion on @ton_blockchain in ten months, marking the fastest stablecoin deployment on any blockchain, per Artemis and Ournetwork data. #Update #Crypto $USDT (+6) ↗
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@Tether_to’s $USDT reached $1.4 billion on @ton_blockchain in ten months, marking the fastest stablecoin deployment on any blockchain, per Artemis and Ournetwork data. #Update #Crypto $USDT (+6) ↗
The Senate Banking Committee will review Senator Hagerty’s GENIUS Act, aiming to regulate stablecoins with over $10 billion market cap, during the week of March 10. #Update #Legal (+3) →
@circle CEO Jeremy Allaire urges dollar stablecoin issuers like @Tether_to register in the U.S., amid regulatory framework gaps impacting market dynamics. #Update #Legal $USDT (-3) ↘
@BankofAmerica CEO Brian Moynihan announces plans to launch a stablecoin once US laws permit, potentially under President Trump’s pro-crypto administration. #Update #Crypto (+6) ↗
Bank of America (@BankofAmerica) plans to launch a stablecoin pending US government approval, aiming to rival Circle and Tether with significant investments. #Update #Crypto (+4) ↗
Bank of America (@BofA_News) plans to issue a fully dollar-backed stablecoin once regulatory clarity is achieved, says CEO Brian Moynihan. #Update #Crypto (+3) ↗
@MEXC_Official acquires $20M in $USDe to enhance stablecoin adoption, supporting a $1M prize pool campaign. #Breaking #Crypto $USDe (+8) ↗
@PayPal plans to integrate its $PYUSD stablecoin into more products by 2025, leveraging its network of 20 million merchants to challenge $USDT’s dominance. #Update #Crypto $PYUSD (+3) ↗
Tether CEO Paolo Ardoino claims $USDT is crucial for US dollar dominance, highlighting its vast distribution network and growth in developing countries. #Update #Crypto $USDT (+3) ↗
@10XResearch reveals benefits of a $USD stablecoin in the @Filecoin ecosystem, enhancing liquidity and user adoption with potential impacts similar to $DAI on Ethereum. #Update #Crypto (+3) ↗
@justinsuntron announced $USDT transactions on @Tronfoundation will be gas-free next week, facilitating stablecoin use for large firms. Expansion to Ethereum and EVM blockchains planned. #Update #Crypto $USDT (+4) ↗
@Tether_to expands its Latam presence, transitioning from a stablecoin model to a broader crypto company focus. #Update #Crypto $USDT (+3) ↗
@ArabFinancialServices partners with Ternoa to enable stablecoin payments at POS terminals in UAE, enhancing digital payment solutions across the region. #Update #Crypto (+3) ↗
@EthenaFinance raises $100M to develop iUSDe, a synthetic stablecoin for TradFi, with backing from Franklin Templeton and F-Prime Capital. #Update #Crypto $USDe (+6) ↗