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.
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The 4th Financial Innovation Forum – Payments & RegTech Arrives in London
The 4th Financial Innovation Forum – Payments & RegTech is one of the best Payments, RegTech and compliance events in the UK, bringing together leading experts in payments, compliance, and financial services innovation.
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Ecommpay, has been shortlisted in two categories of the UK eCommerce Awards that celebrates outstanding platforms
Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation
Candescent announced that Donald Chesnut has been named Chief Design Officer to develop exceptional digital experiences and innovation
Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum
Meanwhile announced an update to its flagship Ten-Pay Whole Life policy, lowering the minimum from 1.0 BTC to 0.25 BTC
Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution
Global Payments announced that its Genius solution for enterprise customers is available in the U.S.
Upbound Group Announces Appointment of Chief Growth Officer
Upbound appointed Ms. Rebecca Wooters to the newly created role of Chief Growth Officer
UPS and American Express Announce Collaboration at the Intersection of Logistics and Payments
UPS and American Express announced an expanded agreement to help small businesses grow and drive commerce in their communities