The stablecoin market is booming again in 2025, with total market capitalization reaching a new all-time high of $228 billion, according to a report by CryptoQuant. That marks a $33 billion increase so far this year, a 17% rise, driven by renewed crypto trading activity, growing use in payments, and increased regulatory clarity in the […]
Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business. On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stake in Elemental Altus Royalties, a firm specializing in gold royalties. According to the firm, on June 10, it secured 78.4 million common shares
Tether amplifies gold strategy with around $90 million stake in Elemental Altus Read More »
Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale. Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target. The firm stated that 2,900
Plasma reopens deposits, secures $1 billion in 30 minutes for XPL Read More »
Key Notes Whale Alert spotted the massive minting of 1 billion USDT on the Tron network on June 9. The USDT mint signaled increased embrace of Bitcoin as the coin’s price breached a key resistance level. BTC price has now increased to more than $107,800 amid crypto market watch. The cryptocurrency sector has recorded a
1,000,000,000 Tether USDT Minted Onchain, Is Bitcoin Demand Soaring? Read More »
A recent analysis posted by Artemis CEO Jon Ma has sparked discussion about Tether’s potential market value, suggesting that if the company were to go public, its valuation could reach $515 billion. This figure would place Tether among the world’s largest corporations by market capitalization, ahead of well-known names such as Costco and Coca-Cola. Jon
Bigger than Coca-Cola? If Tether went public, it could reach a $515B valuation Read More »
Aave, the largest decentralized lending protocol, has experienced a sharp drop in USDT liquidity to under $100 million following a massive withdrawal by a wallet linked to HTX, a crypto exchange connected to Justin Sun. According to on-chain analyst EmberCN, the wallet removed $570 million USDT from Aave’s lending pool within three hours, slashing the
Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal Read More »
Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and
Tether invests in Orionx to boost stablecoin use in Latin America Read More »
Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase. In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge. According
Tether shut out of Juventus capital raise despite increased investment Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Even though Bitcoin’s price has pulled back slightly from its recent all-time high, the flagship crypto asset continues to demonstrate bullish traction. During this significant upward performance in the past few weeks, there has been a persistent decline in the network’s transaction
Bitcoin Transaction Fees At Extremely Low Levels Amid Price Rally, A Bullish Signal? Read More »
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging
