1B USDT Minted: Impact on Bitcoin Revealed
USDT supply surge coincides with Bitcoin's rise, but market retracement raises questions about investor confidence in price recovery.
USDT supply surge coincides with Bitcoin's rise, but market retracement raises questions about investor confidence in price recovery.
USDT, the largest stablecoin, has almost doubled its market cap in two years, cementing its dominant position with a 75% share of the $160B stablecoin market.
Aave's price rises, driven by growing user count, GHO adoption and expanding DeFi market presence, as USDT inflows surge, hinting at potential $260 price target.
Tether and Tron have joined forces with TRM Labs to create the T3 Financial Crime Unit, aimed at identifying and freezing illicit USDT transactions on the Tron blockchain.
Tron, Tether, and TRM Labs have formed the T3 Financial Crime Unit to combat illicit activity involving USDT on the Tron blockchain, which hosts 45% of all illicit crypto volume.