Tether And Circle Print $1.5B In Hours: Fresh Liquidity Incoming
The stablecoin market is once again making headlines as two of the largest issuers, Tether (USDT) and Circle (USDC), significantly expanded supply in just hours. According to data shared by Lookonchain, Tether minted another 1 billion USDT, while Circle printed 500 million USDC only seven hours earlier. These issuances highlight how stablecoins continue to play […]
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The stablecoin market is once again in the spotlight after Tether minted another $1 billion USDT just a few hours ago. This fresh injection of liquidity comes at a time when the crypto market is entering a volatile phase, with uncertainty surrounding both macroeconomic conditions and investor sentiment. Bitcoin and altcoins are beginning to show […]
Tether and Circle, issuers of the two largest stablecoins in the world, have just received major regulatory greenlights in UAE’s Abu Dhabi. Tether’s Stablecoin Recognized As ARFT, While Circle Obtains FSP License Major developments related to the cryptocurrency sector have occurred in the United Arab Emirates (UAE) this week, with Tether and Circle both winning […]
South Korea’s biggest banks are reportedly in talks with Tether and Circle to discuss potential stablecoin partnerships and distribution in the country. Four Major South Korean Financial Groups Looking Into Stablecoins As reported by YonHap, major South Korean financial groups will see their top executives meeting with Tether and Circle this week. Tether and Circle […]
The crypto market remains under intense selling pressure, with sentiment turning increasingly bearish as Bitcoin trades below the $100,000 mark for the first time since May. Altcoins have fared even worse, extending a downtrend that began in early October. Despite this wave of uncertainty and fading bullish momentum, capital inflows into the market continue to grow — suggesting that investors may be preparing for the next phase of accumulation. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster Lookonchain reports that stablecoin issuance....
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s Stablecoin Is a ‘Very Efficient Pipe Between Legacy Electronic Dollars and Digital Currency Dollars’ The two largest stablecoin providers, Tether and Circle, want the public to be assured that tether (USDT) and....