Is Tether (USDT) the Next Target of the SEC?
Some in the crypto community believe the SEC might next target Tether - if aiming to kill crypto in the US.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Coinbase bought a minority equity stake in USDC issuer Circle.
Some in the crypto community believe the SEC might next target Tether - if aiming to kill crypto in the US.
Based on its latest attestation report, allocating 15% to Bitcoin means Tether will invest $222M into BTC.
Turkey and Argentina have the highest ownership rate of digital currencies worldwide at 27.1% and 23.5%, respectively.
Binance said it replaced its BUSD assets in the SAFU fund with USDT and TUSD.
SmartPay will start offering USDT and other cryptos through 24,000 ATMs throughout Brazil starting this November.
USDC's market cap has been growing recently, and could overtake Tether (USDT) as the biggest stablecoin by marketcap.
Stablecoins are seeing more activity than ever before. USDT is still in the lead, but USDC is catching up.
The journey to efficient money has to start somewhere. For a global transition, it all starts with stablecoins.