Breaking News
Tether the Undisputed King of Crypto as Market Cap Tops $5 Billion
Tether, the blockchain-enabled platform that powers the largest stablecoin, has surpassed $5 billion in market capitalization, amid a surge in interest in crypto’s most liquid, stable and trusted currency.
The importance of Tether (USDt) is growing as the stablecoin performs an increasingly vital function within the digital asset ecosystem. Notably, USDt is playing an increasingly important role in the nascent decentralised finance (DeFi) space where it brings a vast amount of liquidity.
“USDt is increasingly deployed across an array of projects poised to sweep through the financial system over the next five to 10 years,” said Paolo Ardoino, CTO at Tether. “We’re proud that it has breached the $5 billion mark with USDt manifestly so well supported within the digital asset ecosystem.”
USDt’s total market capitalization has more than doubled from about $2 billion in February 2019 to reach $5 billion today. Tether works across a diversity of different blockchains, including Algorand, Ethereum, EOS, Liquid Network, Omni and Tron. Tether is driven to support and empower growing ventures and innovation in the blockchain space.
- FF Tattoo Studio: Fenergo on Native ID&V and the Fight Against FinCrime Read more
- Generative AI in Banking: From POCs to Front-Office Impact Read more
- EXCLUSIVE: “Chain Reaction” – Sergey Nazarov and Fernando Vazquez, Chainlink in ‘The Paytech Magazine’ Read more
- FF Tattoo Studio: Datavillage on Privacy-First Data Collaboration and Faster Fraud Investigations Read more
- Chancellor Unveils Plans to “Supercharge” Growth of Innovative Financial Services Firms Read more
Chancellor Unveils Plans to “Supercharge” Growth of Innovative Financial Services Firms
Financial services firms will get new support to help them scale up, invest and create high-skilled jobs
Standard Chartered Partners With Dandelion to Enhance Real-Time Cross-Border Payments
Standard Chartered has partnered with Dandelion Payments to enhance the Bank’s low-value global disbursements proposition
Persona Launches Connect at Money20/20 USA to Build the Rails for Collaborative Identity
Persona launched of Persona Connect at Money20/20 USA, a new solution that enables organizations to securely share and reuse verified identity
Prove Launches Verified Agent Solution to Secure the $1.7 Trillion Agentic Commerce Revolution
Prove announced the launch of Prove Verified Agent, a solution purpose-built to secure the emerging $1.7 trillion agentic commerce market
Plynk® Launches “Plynk Serve: Military” to Empower Veterans and Service Members on Their Investing Journey
Plynk is expanding its mission with the launch of Plynk Serve: Military, a new in-app experience crafted specifically for veterans and active-duty service members
Majesco Launches MGA Model Office for P&C CoreConnect, Delivering an Innovative, Production-Ready, On-Demand MGA System
Majesco announced the launch of the Majesco P&C CoreConnect’s MGA Model Office, an innovative, fully pre-configured MGA system
Juspay Integrates Mastercard’s Click to Pay in Brazil, Bringing Faster, Safer One-Click Checkouts to Millions of Consumers
Juspay has partnered with Mastercard to integrate Click to Pay in Brazil, enabling seamless online card payments with just a single click
FF Tattoo Studio: Fenergo on Native ID&V and the Fight Against FinCrime
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Generative AI in Banking: From POCs to Front-Office Impact
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Chain Reaction” – Sergey Nazarov and Fernando Vazquez, Chainlink in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FF Tattoo Studio: Datavillage on Privacy-First Data Collaboration and Faster Fraud Investigations
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Chancellor Unveils Plans to “Supercharge” Growth of Innovative Financial Services Firms
Financial services firms will get new support to help them scale up, invest and create high-skilled jobs
Standard Chartered Partners With Dandelion to Enhance Real-Time Cross-Border Payments
Standard Chartered has partnered with Dandelion Payments to enhance the Bank’s low-value global disbursements proposition
Persona Launches Connect at Money20/20 USA to Build the Rails for Collaborative Identity
Persona launched of Persona Connect at Money20/20 USA, a new solution that enables organizations to securely share and reuse verified identity