The combination of low fees on TON and USDT attracts more users

The popularity of the TON blockchain (The Open Network) is growing. This can be explained in principle by the low transaction fees on this network. In this regard, another interesting fact is that the average transaction amount that users are making on TON does not exceed 100 dollars, which would reveal the increase in daily … Read more

UK court recognises USDT as a “distinct form of property”

Key facts: Since 2023, the United Kingdom recognizes the Bitcoin ecosystem as a financial activity. The court considers that USDT can constitute property, as is the case with other assets. The UK High Court has officially recognised USDT, the stablecoin of Tether Limited, as a form of property. In a court document In the case … Read more

USDT consolidates as the most used stablecoin although it faces new accusations

Amidst new accusations about the status of its reserves, new studies demonstrate the popularity that the stablecoin USDT has achieved as an alternative for savings and a gateway to the bitcoin (BTC) market and other cryptocurrencies. As the study conducted by Visa points out, the data collected They show the growing adoption of stablecoins – … Read more

2 factors are combining to take bitcoin to new heights

Currently, moves are taking shape that could push the price of bitcoin (BTC) to higher levels. Two key factors are converging and They project a possible increase in the price of bitcoinwhich could also drag the entire cryptocurrency market into an uptrend. The first factor is related to BTC reserves on exchanges. These reserves have … Read more

Tron creates Financial Crimes Unit to monitor USDT activity

Tron announced today the creation of a Financial Crimes Unit “T3” that will attempt to combat illicit activity linked to the use of the stablecoin USDT on its network. The anti-crime unit was created together with Tether, the issuing company of the stablecoin USDT, and the company specializing in fraud and financial crime prevention in … Read more

USDT inflows into exchanges skyrocket: bullish signal for bitcoin

Amid Bitcoin’s (BTC) rally to around $57,000, key stablecoin movements are emerging in the market. Stablecoin reserves on exchanges have increased rapidly since August, as shown by the purple line in the chart below. This is due to increasing balances in tether (USDT), while other niche coins such as USDC and BUSD have seen a … Read more

Tether invests $100 million in Argentine company

Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands … Read more