As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD.
Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity.
A greater share of value is being transferred via stablecoins over the ethereum network than its own native cryptocurrency.
Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold.
Pornhub has added new performer payment options including the tether (USDT) stablecoin, two months after being apparently dropped by PayPal.
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.
A class-action that alleged Tether and Bitfinex manipulated the bitcoin market has been withdrawn by the plaintiffs.
Innocuous at first glance, the transfer of $15 million worth of USDT from ethereum to Liquid has big implications for the tether market and digital asset trading more broadly.
Bitcoin's price jumped $200 in an hour and a half on Monday, rising to a 30-day high of $7,800.
Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless."
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred.
Tether says its USDT stablecoin is "fully backed by reserves," after reporting in April its token was only 74% backed.
The crypto exchange will soon offer futures contract trading for a number of crypto pairs including BTC, ETH, BCH and XRP.
Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today.