USDT stablecoin issuer Tether processed $18.2 trillion worth of transactions in 2022, outperforming “traditional” payment systems. By comparison, Visa and Mastercard had transactions worth $14.1 trillion and $7.7 trillion, respectively. The high volume of Tether transactions may indicate high interest in stablecoins. Despite the challenges faced by the crypto industry,...
The crypto exchange has initiated a zero-fee exchange between USDT and USDC. The company in its message urged customers to “move to a reliable and reputable digital dollar: USDC” “The events of the last few weeks have put some of the stablecoins to the test and we have seen a...
Stablecoin issuer Tether will make USDT available at 24,000 ATMs in Brazil starting Nov. 3, the company announced on Thursday. Tether will allow USDT to be converted to Brazilian reals through the use of the service of the Brazilian cryptocurrency service provider SmartPay. The platform is integrated with TecBan, a...
Another round of the decline in the cryptocurrency market led to the fall of bitcoin below $ 20,000. Now the price of the main cryptocurrency is hovering at $ 18,400. The price of Ethereum, the second largest cryptocurrency by market capitalization, also declined, hitting a low of $951. Moreover, according...
