
Margex Introduces Fantasy Leagues and USDT Rewards Platform
Cryptocurrency trading platform Margex has launched a new competitions mode featuring weekly fantasy leagues and prize pools of up to 10,000 USDT.
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Cryptocurrency trading platform Margex has launched a new competitions mode featuring weekly fantasy leagues and prize pools of up to 10,000 USDT.
Russia's Central Bank has added Bitcoin, Ethereum, and Tether (USDT) to its list of cryptocurrencies approved for exchange trading, with specific limits for retail investors.
Tether has reported a $1.5 billion profit for the second quarter, alongside an increase in its USDT stablecoin supply and a rise in its gold holdings.
Stablecoin payments have reached a record $1.79 trillion, with USDC surpassing USDT to capture a 67% share of the market, according to recent Visa data.
Monica.Cash is calling for regulatory frameworks for digital dollar assets in Nigeria, citing the increasing adoption of stablecoins like USDT and USDC for transactions among Nigerians.
Venezuela's Bolivar crisis has led to a significant surge in demand for USDT (Tether) on Binance's peer-to-peer platform, indicating a growing reliance on stablecoins amidst economic instability.
The stability and comparison of Tether (USDT) to other stablecoins like USDC are being questioned in the current cryptocurrency market.

Seven Vietnamese individuals have been arrested for allegedly running a money-laundering ring that funneled more than VND50 billion (US$1.9 million) in illegal casino proceeds from Cambodia into USDT over three months.
Shift4 announced a new partnership with Lydian to add USDT payments, expanding its cryptocurrency payment options for merchants.
RealOpen and TRON have verified $9.4 million in USDT, facilitating crypto-enabled real estate purchases.
TRON's network powered $2 trillion in USDT transfers during the first quarter, according to CoinDesk and Messari research. The research also highlighted significant growth in AI and institutional adoption within the crypto market.
The total supply of stablecoins in the cryptocurrency market hit $315 billion in the first quarter of the year, with USDC experiencing growth while USDT saw a decline in its market share. This report highlights shifts in the stablecoin landscape.

Stablecoin issuer Tether has confirmed it hired a Big Four accounting firm for the first full audit of its USDT reserves, a development that previously led to competitor Circle's stock experiencing its worst day on record.
Tether, the issuer of the USDT stablecoin, announced it has frozen $4.2 billion worth of its stablecoin due to links with criminal activities.
The cryptocurrency market is active with WLD rebounding, HYPE testing the $50.70 mark, and BlockDAG drawing attention with a $3 million USDT raffle and significant leadership news.

Holders of USDT stablecoin from Russia and Iran have been warned that their crypto assets could be frozen on instructions from the US administration. This follows previous instances of large asset blocks for individuals from these countries.
The decentralized exchange aggregator 1inch has expanded its platform by adding support for Maple Finance's syrupUSDC and syrupUSDT tokens.
Tether (USDT) is set to be delisted from Revolut by August 31, though not from Europe entirely, with a replacement stablecoin, Hadron, reportedly already developed to fill the void.
Visa, Mastercard, Coinbase, and BlackRock have reportedly united behind Open USD (OUSD), positioning it as a potential challenger to existing stablecoins like USDT and USDC.
Tether's USDT stablecoin briefly surpassed Ethereum in market capitalization, reaching a valuation of $187 billion and signaling a significant shift in the crypto market landscape.
Forbes reports that Tether's new USAT token is structured in a way that may allow its primary stablecoin, USDT, to circumvent certain regulatory compliance requirements.
Tether has filed seven trademarks in South Korea, leading to speculation about a potential Won-pegged USDT stablecoin.
Data indicates that Tether significantly slowed its gold purchases for USDT reserves during the first quarter. This adjustment reflects a change in the company's asset allocation strategy.
Tether has frozen over $344 million in USDT stablecoins across two Tron addresses, acting in coordination with the US Treasury’s Office of Foreign Assets Control (OFAC) due to illicit activity flags.

Tether, the issuer of the USDT stablecoin, has introduced a new self-custodial wallet that supports USDT, Bitcoin, and tokenized gold.
Tether has secured KPMG, a Big Four auditor, to conduct a full transparency review of its USDT stablecoin, directly addressing ongoing solvency and backing concerns amid a U.S. expansion push. This move follows previous analyses exploring the gold price threshold at which USDT could face balance-sheet insolvency.

QuickChain is redefining how Nigerians convert Bitcoin to naira , USDT, Ethereum, and other digital assets to naira in nigeria — with zero transfer fees, instant bank payouts, and a hedge wallet that…
Tether’s USDT Set for Biggest Monthly Retreat Since FTX Collapse Bloomberg
NOWPayments data indicates that USDT continues to lead in stablecoin trading volume, while USDC is showing increasing momentum in the market.
USDC and USDT now account for 84% of crypto card spending, indicating a significant shift in the market as the Euro's share in crypto transactions declines.
Thailand's authorities are reportedly planning to audit transactions involving USDT as part of a new regulatory crackdown on cryptocurrency activities.
Revolut is reportedly delisting USDT in Europe because Tether has not obtained the necessary MiCA license. This move impacts users of the cryptocurrency stablecoin on the platform within the European market.

Tether's USDT saw an 8.5% premium in India following a crackdown on crypto payment firms in Bengaluru, which disrupted the supply pipeline of dollar-pegged USDT to Indian platforms.
The article provides guidance on selecting cryptocurrencies for investment, highlighting BlockDAG (BDAG) as a secure option due to its unmatched security and USDT settlement features, ahead of an anticipated market jump.
Bybit is reportedly distancing itself from HTX as experts issue warnings about potential USDT freeze risks, indicating concerns within the cryptocurrency exchange landscape.
Trafigura and Tether are reportedly in discussions about the potential use of USDT, a stablecoin, in fuel stations.
Data indicates that Tether significantly reduced its gold purchases for USDT reserves during the first quarter of the year, signaling a shift in its asset allocation strategy.

This article compares the TRC20 and ERC20 versions of Tether (USDT), the most widely used stablecoin, to help users determine which best fits their needs.
A new guide identifies the top five platforms for purchasing USDT cryptocurrency in Nigeria, offering comparisons on security, fees, and user experience for prospective buyers.
An article analyzes the competition between USDT and USDC, two major stablecoins, to determine which one is likely to dominate the market.

A crypto user reportedly lost nearly $50 million after attempting to swap USDT for AAVE, according to Aave Labs founder and CEO Stani Kulechov.