Tether

Ripple CEO, Brad Garlinghouse, predicts that Tether will experience a Black Swan. What is a Black Swan and how does it affect the market? Check it out in this article.

Ripple CEO Predicts Tether Will Experience a Black Swan, What Is That?

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Ripple CEO Predicts Tether Will Experience a Black Swan, What Is That.webp

Tether's (USDT) marketcapitalization hit a new record of $120 billion, signaling a potential crypto market rally in October. Could this trigger a Bitcoin price increase?


USDT Market Capitalization Hits New Record of $120 Billion

<img src="https://static.bittime.com/cms-static/upload/USDT_Market_Capitalization_Hits_New_Record_of_120_Billion_f569a9a4a7.png" alt="USDT Market Capitalization Hits New Record of $120 Billion.png" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>&nbsp;-&nbsp;Tether's (USDT) marketcapitalization hit a new record of $120 billion, signaling a potential crypto market rally in October. Could this trigger a Bitcoin price increase?The market capitalization of USDT (Tether), the world's largest stablecoin pegged to the US dollar, has surpassed the $120 billion mark for the first time.This is an important milestone in the crypto space, indicating that there is great potential for a crypto market rally, especially Bitcoin. Tether, as one of the major stablecoins, is often regarded as a bridge between fiat currencies and digital assets, so the growth in Tether's supply may reflect investor activity.On October 20, 2024, according to Tether's official website, USDT's market capitalization reached the new record figure. This surge in capitalization is not only a sign of the stablecoin's stability in the crypto market, but also gives an idea of the state of the emerging market.Many analysts consider the increase in stablecoin supply as an early signal before a major rally in the digital currency market.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/join_registrasi_lucky_draw_2a7ca2565e.webp" alt="join registrasi lucky draw.webp" width="601" height="301"></a><h2 style="line-height:1.7999999999999998;margin-bottom:4pt;margin-top:18pt;" dir="ltr">The Effect of USDT Market Capitalization on Bitcoin</h2>The increased supply of stablecoins, including USDT, is often used by crypto investors as a tool to predict market movements. In many cases, investors will stockpile stablecoins before they make large purchases of other digital assets such as Bitcoin (BTC).This suggests that USDT's significant jump in market capitalization could be the trigger for Bitcoin's October price increase, known in the crypto world as “Uptober,” a month that has historically been positive for Bitcoin.According to data from Arkham Intelligence, over the past 48 hours, Treasury Tether sent over $66 million in USDT to Binance and over $20 million to Kraken, two of the largest centralized crypto exchanges (CEXs) in the world.This activity signals significant buying pressure from investors, and could be the first step towards a higher Bitcoin price.Also read:<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/prediksi-harga-bitcoin-2024-dan-dampak-pemilu-as-dalam-waktu-dekat">&nbsp;Bitcoin Price Predictions for 2024 and the Impact of US Elections in the Near Future</a><h2 style="line-height:1.7999999999999998;margin-bottom:4pt;margin-top:18pt;" dir="ltr">Potential Catalysts for a Bitcoin Rally</h2>In addition to the increase in USDT supply, the Bitcoin rally that occurred in August 2024 was also closely related to the minting of new stablecoins. At the time, Tether printed $1.3 billion USDT in five days after Bitcoin's price hit a five-month low above $49,500.As a result, the price of Bitcoin recovered more than 21% and is now trading around $60,271.This phenomenon has rekindled optimism that USDT's market capitalization, which now stands at $120 billion, could be the trigger for a big rise for Bitcoin before the end of October. Some analysts even predict that Bitcoin could surpass the $92,000 level in the next few months if this trend continues.<a target="_blank" rel="noopener noreferrer" href="https://support.bittime.com/hc/id/articles/10949596921487-Waktunya-Cuan-Seru-Auto-Earn-20-APY-untuk-Koin-Hype-di-Bittime?cn=400001"><img src="https://static.bittime.com/cms-static/upload/OPS_Auto_Earn_2648e95eef.webp" alt="OPS - Auto Earn.webp" width="600" height="338"></a><h2 style="line-height:1.7999999999999998;margin-bottom:4pt;margin-top:18pt;" dir="ltr">Uptober and the Prospect of a Bitcoin Price Rise</h2>October has been a historically positive month for Bitcoin price. Data shows that the average increase in Bitcoin price this month was 21%. This makes October the second best month for Bitcoin, only losing out to November which recorded an average increase of over 46%.Bitcoin's previous halving year in 2020 also painted an optimistic picture, with Bitcoin price surging over 27% in October and 42% in November.An increase in Bitcoin exchange-traded fund (ETF) inflows is also a factor potentially supporting this rally. Total net flows of Bitcoin ETFs recently reached a record $20 billion just 10 months after their launch. In comparison, gold-based ETFs took almost five years to reach the same milestone.<h2 style="line-height:1.7999999999999998;margin-bottom:4pt;margin-top:18pt;" dir="ltr">Conclusion</h2>USDT's market capitalization surpassing $120 billion not only signifies the strength of the Tether stablecoin in the crypto market, but is also an important indicator for investors anticipating a rise in Bitcoin prices.October, which has historically been bullish for Bitcoin, has now seen a significant increase in the stablecoin's supply, and could be a key moment for the next rally.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><img class="image_resized" style="aspect-ratio:753/301;width:100%;" src="https://static.bittime.com/cms-static/upload/Cara_Beli_NEW_e4ecd75e9d.webp" alt="Cara Beli NEW.webp" width="753" height="301">Want to trade sell<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id"> buy Bitcoins</a> and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!Check the exchange rate<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/btc-to-idr"> BTC to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/eth-to-idr"> ETH to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/sol-to-idr"> SOL to IDR</a> and other crypto assets to find out today's crypto market trends in real-time on Bittime.

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USDT Market Capitalization Hits New Record of $120 Billion.png

Tether, a stablecoin issuer, plans to enter the commodity trading market through USD loans. Read this article to find out more!

Tether Opens USD Loan for Commodity Trading

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Tether Opens USD Loans.webp

Tether Opens New Opportunities in Commodity Trading with USD Loans

Tether celebrates its 10th anniversary. In this article, we take a look at Tether's 10-year journey. Read this article to find out more!

  Tether Celebrates 10th Anniversary 

<img src="https://static.bittime.com/cms-static/upload/Tether_Celebrates_10th_Anniversary_66e71d6d67.webp" alt="Tether Celebrates 10th Anniversary" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;Tether, issuer of the USDT stablecoin, celebrates its 10th anniversary. Since its launch in 2014, Tether has become one of the world's largest cryptocurrencies, with more than 350 million users.&nbsp;In this article, we will look at Tether's 10-year journey, as well as Tether's impact on digital finance. Read this article to find out more!<a target="_blank" rel="noopener noreferrer" href="https://support.bittime.com/hc/id/articles/10813570229391--Memecoin-Civil-War-Team-HMSTR-vs-Team-CATI-Menangkan-Total-Hadiah-50-Juta-Rupiah"><img src="https://static.bittime.com/cms-static/upload/hmstr_vs_cati_010a69d12b.webp" alt="hmstr vs cati.webp" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Tether's Growth Over 10 Years</h2>Tether kicked off innovation by introducing the world's first stablecoin pegged to the US dollar (USDT).&nbsp;This innovation changes the way of transactions in the crypto market as it brings much-needed stability amidst high volatility.&nbsp;Today, USDT has a market capitalization of close to $120 billion, and is an important digital asset in the global economy.In the last 12 months, Tether users rose by 24%, and in the previous year, the growth was 50%.&nbsp;Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/usdt-dominance-adalah-kunci-stabilitas-stablecoin-ini-faktanya">USDT Dominance Is the Key to Stablecoin Stability, Here's a Fact</a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">10 Years of USDT Domination in the Crypto Market</h2>USDT has become the most widely used stablecoin on various blockchains and centralized exchanges, especially in emerging markets.&nbsp;Tether's presence on platforms such as Tron, TON, and Ethereum, as well as its low transaction fees, have become a top choice for retail and institutional users.Paul Ardoino, Chief Technology Officer of Tether, emphasized that Tether has strengthened the dominance of the US dollar by promoting its use around the world.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Tether Achievement Over 10 Years</h2>Over the past decade, Tether has achieved many important achievements, some of which are as follows.1. Launched the world's first stablecoin in 2014.2. Reaching more than 350 million users worldwide, promoting financial inclusion in emerging markets.3. Become a leader in transparency with daily balance updates and quarterly independent reports by BDO.4. Worked with more than 180 law enforcement agencies and helped recover more than $1.8 billion related to illegal activity.5. Processed $10 billion worth of redemptions in a week during the UST crisis in 2022, proving liquidity and its reliability.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Documentary of Tether 10th Anniversary</h2>To celebrate its 10th anniversary, Tether will release a documentary entitled&nbsp;Stability and Freedom in Chaos.&nbsp;This documentary will highlight the impact of USDT in several countries, such as Brazil, Argentina, and Turkey, where the stablecoin has become a lifeline for millions of people in the face of inflation and promoting financial freedom around the world.Through this film, Tether hopes to show how they help create stability in global economic chaos, while promoting financial inclusion.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/tether-akan-luncurkan-usdt-di-blockchain-aptos">Tether to Launch USDT on Aptos Blockchain</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>Want to trade, sell and&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id">buy Bitcoins</a> and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!Check the exchange rate<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/btc-to-idr">&nbsp;BTC to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/eth-to-idr">&nbsp;ETH to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/sol-to-idr">&nbsp;SOL to IDR</a> and other crypto assets to find out today's crypto market trends in real-time on Bittime.

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Tether Celebrates 10th Anniversary.webp

  Tether Celebrates 10th Anniversary with Release a Documentary 

USDT Dominance is the key to stablecoin stability. So, this article will discuss several facts related to this. Keep reading the review in this article, OK!

USDT Dominance Is the Key to Stablecoin Stability, Here's a Fact

USDT Dominance Is the Key to Stablecoin Stability, Here's a Fact.

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USDT Dominance Is the Key to Stablecoin Stability, Here's a Fact.webp

Learn about Tether's diversification strategy with its $102 million investment in Adecoagro SA, an agricultural giant. With the aim of strengthening

Tether Invests $102 Million in Agriculture Giant

<img src="https://static.bittime.com/cms-static/upload/Tether_Invests_102_Million_in_Agriculture_Giant_04631d52db.webp" alt="Tether Invests $102 Million in Agriculture Giant" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;Learn about Tether's diversification strategy with its $102 million investment in Adecoagro SA, an agricultural giant. With the aim of strengthening their portfolio in facing global economic uncertainty. For more details, see the following description!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/reward/hamsterkombat?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/hamster_kombat_upcoming_listing_d9e1665dfb.webp" alt="hamster kombat upcoming listing.webp" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Tether Invests $102 Million</h2>It is not without reason that Tether invests in this agricultural sector. A Tether spokesperson stated that this investment is part of the company's plan to diversify its assets.&nbsp;Tether was previously known to split profits from its operations into different types of assets, such as gold and Bitcoin.&nbsp;Now they see land as one of the key assets that can add to their long-term investment portfolio.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Sustainable Growth in the Agricultural Sector</h2>By investing in Adecoagro SA, Tether shows the growing interest from technology and financial companies in the agricultural sector, especially amidst global economic uncertainty.&nbsp;Due to the ever-increasing global demand for food and the potential of sustainable agriculture, land and agriculture are considered one of the stable assets.&nbsp;Adecoagro is well positioned to follow this trend as its business portfolio includes food production and renewable energy.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/gemz-daily-combo-7-september-buruan-klaim">GemZ Daily Combo 7 September: Hurry and Claim!</a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Impact on Crypto Markets</h2>By making large investments like these, Tether continues to strengthen its position as a leading stablecoin issuer and major player in investment.&nbsp;Apart from strengthening its portfolio, diversifying investments into the agricultural sector can significantly influence the market, especially the South American agricultural sector.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>With Tether's $102 million investment into Adecoagro SA, the stablecoin company continues to expand into various asset types, such as agriculture.&nbsp;Tether demonstrated its commitment to capitalizing on assets that are stable and have long-term potential while facing global economic uncertainty by implementing a diversification strategy that includes land, Bitcoin, and gold.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Tether has just announced ambitious plans. The company is preparing to launch a new stablecoin pegged to the United Arab Emirates (UAE) Dirham. Here's a review!

Tether Plans to Develop Dirham-Pegged Stablecoin

Tether Plans to Develop Dirham-Pegged Stablecoin.

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Tether Plans to Develop Dirham-Pegged Stablecoin.webp

Tether decided to cancel its blockchain launch plan. Why? Read this article to find out!

Tether Cancels Launch Own Blockchain

<img src="https://static.bittime.com/cms-static/upload/Tether_Cancels_Launch_Own_Blockchain_48a6463d96.webp" alt="Tether Cancels Launch Own Blockchain" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;Tether, the company that issued the&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/USDT-IDR?content_id=news&amp;cn=400001">USDT</a> stablecoin, decided to halt plans to launch their own blockchain. Why? Read this article to find out more!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">The Blockchain Market is Saturated</h2>Ardoino revealed that despite having a market value of $117 billion, Tether decided not to launch its own blockchain because the market was already saturated with various blockchain options.&nbsp;According to him, blockchain has the potential to become a commodity in the future, so too many choices will actually reduce the unique value of each blockchain. This decision is in line with Tether's approach of preferring to remain "agnostic" towards blockchain.&nbsp;This means that Tether doesn't care which blockchain USDT is traded on, as long as that blockchain can guarantee a high level of security and sustainability. Ardoino stressed that for Tether, blockchain is just a transportation layer, not something they should own exclusively.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/tether-akan-luncurkan-usdt-di-blockchain-aptos">Tether to Launch USDT on Aptos Blockchain&nbsp;</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Blockchain Dominance Statistics</h2>Tether's decision is also supported by data showing the dominance of several large blockchains in the market.&nbsp;According to data from DefiLlama, of the total 306 blockchains in existence, the top 5 blockchains account for around 86% of TVL. For example, Ethereum leads with a TVL of around $87.7 billion, which accounts for the majority of the $133.2 billion TVL across blockchains.This dominance shows that the blockchain market is indeed highly competitive, and launching a new blockchain will face huge challenges to attract user attention and adoption.&nbsp;Tether realized this and chose not to compete in an already crowded market, instead focusing on improving services on existing blockchains.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/reward/dogsairdrop?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/airdrop_dogs_bittime_14f57ae441.webp" alt="airdrop dogs bittime.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">Tether Agnostic Approach</h2>One of the main points to emphasize Ardoino is Tether's agnostic approach to blockchain. That way, Tether is not tied to one particular blockchain, but supports USDT on various existing blockchains.&nbsp;This gives Tether the flexibility to continue to grow and adapt to changes in the industry, without being limited to a specific technology infrastructure.This decision also allows Tether to remain focused on their core business, namely providing safe and reliable stablecoins to users around the world.&nbsp;By not being tied to one particular blockchain, Tether can ensure that USDT remains accessible and tradeable across multiple blockchain ecosystems, be it Ethereum, Binance Smart Chain, Tron, or other blockchains.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/tether-luncurkan-usdt-di-blockchain-ton">Tether Launches USDT on TON Blockchain on Simplex Payment Gateway</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Tether Cancels Launch Own Blockchain.webp

Tether Cancels Plans to Launch Its Own Blockchain

Tether, the largest stablecoin provider, announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). Read the news!

Tether Targets UAE: Dirham Stablecoin Coming Soon

Tether Targets UAE Dirham Stablecoin Coming Soon

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Tether Targets UAE Dirham Stablecoin Coming Soon.png

Tether successfully minted 1 billion USDT on the Ethereum network, cementing its position as the dominant stablecoin. Discover how this printing has an impact.

Tether Successfully Prints 1 Billion USDT on the Ethereum Network 

<img src="https://static.bittime.com/cms-static/upload/Tether_Successfully_Prints_1_Billion_USDT_on_the_Ethereum_Network_4059f0c827.webp" alt="Tether Successfully Prints 1 Billion USDT on the Ethereum Network " width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;Tether successfully minted 1 billion USDT on the Ethereum network, cementing its position as the dominant stablecoin. Discover how this printing has an impact.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Tether Successfully Prints 1 Billion USDT</h2><img src="https://static.bittime.com/cms-static/upload/Tether_Successfully_Prints_1_Billion_USDT_on_the_Ethereum_Network_902e21af6b.webp" alt="Tether Successfully Prints 1 Billion USDT on the Ethereum Network " width="1442" height="575">A report from Shenzhen TechFlow shows that Tether Treasury printed 1 billion USDT on the Ethereum network at around 01:54 Beijing time today.&nbsp;WhaleAlert, a platform known for monitoring large crypto transactions, provides this data through monitoring. With the minting of 1 billion USDT, it cemented its position as the most dominant stablecoin in the crypto ecosystem.&nbsp;<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Tether and its Important Role in the Crypto Ecosystem</h2>Millions of traders and investors use Tether (USDT) as a stable store of value amidst price fluctuations of other crypto assets.&nbsp;Tether (USDT) has long been a top choice in the crypto market due to its ever-increasing total market capitalization. With the existence of USDT in various blockchain networks.Like Ethereum and Tron, users can make transactions with lower fees and higher speeds.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/tether-blockchain-stabilitas-luncurkan-aptos">Tether Launches USDT on Aptos Blockchain: New Stability</a><h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">More USDT Issued</h2>Issuing more USDT is usually associated with increased demand for stablecoins, especially during market volatility. In many cases, the issuance of more USDT also indicates continued optimism and progress in the crypto market.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Impact and Implications of USDT for the Market</h2>Although the crypto community continues to monitor USDT, this additional minting is considered a proactive measure by Tether to maintain adequate liquidity across the crypto ecosystem.&nbsp;However, analysts question the potential long-term impact of increasing USDT supply on crypto market stability. With the printing of an additional 1 billion USDT on the Ethereum network, this shows that there is demand for stablecoins.<h2 style="line-height:1.7999999999999998;margin-bottom:10pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>By minting 1 billion USDT on the Ethereum network, Tether has once again demonstrated the ability to meet market needs.&nbsp;This move not only strengthens USDT in the crypto ecosystem, but also shows its important role in providing liquidity and stability amidst market changes.&nbsp;As blockchain technology develops and more applications use stablecoins, Tether's role as an industry leader will only increase.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

thumbnail_Tether Successfully Prints 1 Billion USDT on the Ethereum Network 

Tether Holdings, a leading company issuing stablecoins, is now ready to launch USDT on the Aptos blockchain. Read more information here!

Tether Launches USDT on Aptos Blockchain: New Stability

<img src="https://static.bittime.com/cms-static/upload/Tether_Luncurkan_USDT_di_Blockchain_Aptos_Stabilitas_Baru_1_7ef8ca8290.webp" alt="Tether Luncurkan USDT di Blockchain Aptos Stabilitas Baru.webp" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;Tether Holdings, a leading company issuing stablecoins, is now ready to launch USDT on the Aptos blockchain. The move aims to expand the use of both protocols' technology and offers various benefits to users, including a significant reduction in transaction fees and increased accessibility of digital assets.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Tether USDT Comes to Aptos Network: Benefits and Efficiency</h2>The Aptos blockchain is known for its advanced infrastructure that supports high speed and scalability. With USDT soon to be available on the network, Tether hopes to leverage Aptos technology to significantly reduce transaction costs.&nbsp;Aptos technology promises very low gas fees, even a fraction of a penny, which is expected to make transactions more affordable, from everyday microtransactions to transactions on a large scale.Aptos' growth is very rapid. The latest data shows that the number of daily active users on Aptos jumped from 96,000 in January to 170,000 last month, which is an increase of more than 76% in six months.&nbsp;Additionally, Aptos broke a record in May with 157 million transactions in one day. This growth shows great potential for USDT to leverage the capacity and advanced technology of the Aptos blockchain.<img src="https://static.bittime.com/cms-static/upload/aptos_d82695822f.webp" alt="aptos.webp" width="1366" height="768"><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Comments from Paolo Ardoino on Integration with Aptos</h2>Paolo Ardoino, CEO of Tether, expressed his excitement about the integration: “We are thrilled to collaborate with the Aptos ecosystem. This move underscores our commitment to making digital currency more accessible and more useful for everyone.Ardoino praised Aptos' innovative technology, which provides a solid platform for conducting low-cost transactions using USD-pegged stablecoins. This collaboration shows Tether's dedication to continuing to innovate and provide stable and reliable financial tools for its users.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Tether USDT and the Challenges of the Tron Network</h2>With the launch of USDT on Aptos, Tether will have to compete with the Tron network, which has dominated the stablecoin market and even surpassed Ethereum in terms of stablecoin usage.However, Tether hopes that Aptos' technological advantages and transaction fee efficiency will provide a strong and competitive alternative in the stablecoin market.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Aptos Foundation Partnership for the Advancement of Web3.0</h2>The Aptos Foundation continues to expand its partnerships to drive progress in the digital ecosystem. In May, Hashkey Cloud, a global Web3.0 infrastructure provider, entered into a strategic partnership with the Aptos Foundation to promote application development on blockchain.&nbsp;The partnership focuses on providing services such as regulated Decentralized Identifiers (DIDs) and Security Token Offerings (STOs), as well as the integration of DID's HashKey, which is a multi-chain decentralized identity data aggregator.In February, Aptos also partnered with Jambo, a blockchain protocol connecting Africa with global blockchains.&nbsp;This collaboration aims to improve Web3.0 accessibility and education in Africa, Southeast Asia and Latin America. The Aptos Foundation remains instrumental in advancing Web3.0 technologies through innovation driven by the Aptos blockchain.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Conclusion</h2>The launch of USDT on the Aptos network is a major step for Tether in expanding the reach of stablecoins and leveraging the advantages of Aptos technology. With low transaction costs and significant growth potential, this integration is expected to have a major impact on the global digital ecosystem. This collaboration also strengthens Aptos' position as a pioneer in Web3.0 innovation and blockchain adoption.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a><meta charset="utf-8">You can buy and sell crypto assets in an easy and safe way via&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Learn<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy"> How to Buy Crypto on Bittime</a>.Monitor price chart movements of&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC">Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL"> Solana (SOL)</a> and other cryptos to find out today's crypto market trends in real-time on Bittime.

Tether Luncurkan USDT di Blockchain Aptos Stabilitas Baru.webp

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Tether Luncurkan USDT di Blockchain Aptos Stabilitas Baru (1).webp

Tether Treasury mints 1 billion new USDT which is stored on the Tron network, but has not yet been fully issued. 

Tether is Minting 1 Billion USDT

<img src="https://static.bittime.com/cms-static/upload/Tether_is_Minting_1_Billion_USDT_2e767b6906.webp" alt="Tether is Minting 1 Billion USDT" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;Tether Treasury has minted 1 billion new USDT which is stored on the Tron network, but has not yet been fully issued. Read this article to find out the full news!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Tether is Minting 1 Billion USDT</h2>Paul Ardoino, CEO of Tether, immediately provided clarification regarding this large print run. According to him, the printing of 1 billion USDT is to increase the Tron network inventory.&nbsp;Ardoino confirms that this is an approved transaction, but not yet issued. In other words, this additional USDT will be used to fulfill subsequent issuance requests as well as supply for cross-network exchanges.This means that even though it has been printed, this USDT has not yet been circulated to the market. The USDT will remain in Tether's control until there is an issuance request from the market. This is to ensure sufficient liquidity across the various blockchain networks supported by Tether.Also Read:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/tether-akan-luncurkan-usdt-di-blockchain-aptos">Tether to Launch USDT on Aptos Blockchain&nbsp;</a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Why is USDT Minted on the Tron Network?</h2>The Tron network has become one of the main blockchain networks for USDT, besides Ethereum. With lower transaction fees and faster speeds, Tron is a popular choice for users looking to avoid high gas fees on Ethereum.&nbsp;USDT minting on Tron is nothing new. Previously, on July 16 2024, Tether also printed USDT on the Tron network. That means, the demand for USDT, whether for crypto trading, cross-network exchange, or other urgent needs.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=airdrop&amp;cn=400005"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Impact of USDT Minting on Crypto Markets</h2>Large printings of stablecoins often fuel speculation in the crypto market. Many saw it as a possible sign of increased liquidity influencing prices of other digital assets.&nbsp;However, in this case, because the USDT has not yet been issued and is still under Tether's control, the impact on market prices will likely be minimal in the short term.However, USDT is one of the most widely used cryptocurrencies as a trading pair on crypto exchanges. If demand for USDT increases due to a surge in trading activity, then this minting could have a significant impact on market liquidity.Also Read:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/tether-luncurkan-usdt-di-blockchain-ton">Tether Launches USDT on TON Blockchain on Simplex Payment Gateway</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Tether is Minting 1 Billion USDT.webp

Tether is Minting 1 Billion USDT on Tron, but Not Issued Yet!

Tether will launch USDT on the Aptos network to expand the accessibility and utility of digital assets globally. 

Tether to Launch USDT on Aptos 

<img src="https://static.bittime.com/cms-static/upload/Tether_to_Launch_USDT_d15ffe3273.webp" alt="Tether Launches USDT on Aptos" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;Tether will launch USDT on the Aptos network to expand the accessibility and utility of digital assets globally. Read this article to find out more!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Aptos Benefits and Daily Users</h2>Aptos is known for its blockchain infrastructure designed for speed and scalability. JAptos' average number of daily active users increased from 96 thousand in January to 170 thousand in July 2024.&nbsp;In fact, in May 2024, Aptos set a record by processing 157 million transactions in one day. These infrastructure advantages make Aptos an ideal choice for Tether to integrate USDT.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/tether-cetak-1-miliar-usdt-di-jaringan-tron">Tether Prints 1 Billion USDT on Tron Network</a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Benefits of Tether Integration with Aptos</h2>The&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/USDT-IDR?content_id=news&amp;cn=400001">integration of USDT</a> on the Aptos blockchain is expected to bring various benefits, especially in terms of transaction fees. Gas fees on the Aptos network are only a few cents per transaction, making it very affordable.&nbsp;This is critical for a variety of use cases, from microtransactions to large-scale enterprise operations. With low transaction fees, USDT on the Aptos network becomes more economical and attractive.Apart from that, Aptos is also known to have a strong developer community. The increase in the number of contracts deployed on this network indicates active and ongoing development.&nbsp;&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">DeFi Ecosystem Development</h2>With the launch of USDT on the Aptos network, the potential for developing the global DeFi and payments ecosystem will also expand.&nbsp;With this integration, Tether and Aptos will push the adoption of blockchain technology to a higher level, not only for the crypto community but also for other sectors.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/tether-luncurkan-usdt-di-blockchain-ton">Tether Launches USDT on TON Blockchain on Simplex Payment Gateway</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Tether to Launch USDT.webp

Tether to Launch USDT on Aptos Blockchain 

Tether posted a $5.2 billion increase in revenue in the first half of the year, driven by investments and large asset holdings.

Crypto Market is Bleeding, Tether Makes Lots of Profits!

<img src="https://static.bittime.com/cms-static/upload/Crypto_Market_is_Bleeding_Tether_Makes_Lots_of_Profits_2e8cc505a5.webp" alt="Crypto Market is Bleeding, Tether Makes Lots of Profits!" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;Tether posted a $5.2 billion increase in revenue in the first half of the year, driven by investments and large asset holdings.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a>However, USDT is increasingly under scrutiny for its role in money laundering, with a UN report saying more than $17 billion of USDT is connected to criminal activity.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Stablecoin Announces Tether Revenue, Even Lots of Profits</h2>The stablecoin issuer announced that its revenue increased by $5.2 billion during the first half of the year. Due to its rapidly growing investment arm and huge holdings of assets, such as money market funds, US Treasury bonds, and cash, Tether now looks more like an investment fund.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="cara trading di bittime" width="2985" height="620"></a>Now, the EU is forcing issuers to comply with strict new regulations on managing and backing their stablecoins, resulting in several exchanges delisting such stablecoins this summer.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Law Enforcement Agencies Aware of USDT's Role</h2>Meanwhile, law enforcement agencies around the world are increasingly aware of USDT's role in money laundering. The UN Office on Drugs and Crime in January reported that over a year, ending last September, more than $17 billion in USDT was connected to underground crypto exchanges, illegal trading and criminal activity.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Tether Jumps 8% in US Treasury Holdings</h2>For now, Tether uses quarterly reports from Italian accounting firm BDO to explain its holdings. On June 30, Tether jumped 8% in US Treasury holdings, reaching $97 billion. After Tether reported an incredible profit of $4.5 billion in the first quarter of this year, which was an increase of 61% quarter-over-quarter, this new report emerged.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>Tether, the largest stablecoin issuer, actually recorded an extraordinary increase in revenue despite the crypto market experiencing a significant decline. Tether is becoming more and more like an investment fund thanks to its fast-growing investment arm and holdings of significant assets such as money market funds, US Treasury bonds and cash. Tether's revenue increased by $5.2 billion during the first half of the year.In contrast, law enforcement is increasingly aware of USDT's role in money laundering and other criminal activities. According to the UN Office on Drugs and Crime, illegal trading and underground crypto exchanges amounted to more than $17 billion USDT in the past year. Additionally, with a reported first-quarter profit of $4.5 billion, Tether's holdings in US Treasuries increased 8% to $97 billion at the end of June.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=news&amp;cn=400001">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001"> of&nbsp;Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

thumbnail_Crypto Market is Bleeding, Tether Makes Lots of Profits!

The plaintiffs in the Tether case filed an updated complaint. Check out the following article for complete information!

Tether Case Heats Up: Plaintiffs Update USDT Scheme Allegations

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Tether Case Heats Up Plaintiffs Update USDT Scheme Allegations.png

Andrew Kang predicts that Ethereum (ETH) will approach the $3,600 mark before the launch of the Ethereum Spot ETF. 

Tether Minted 1 Billion USDT on the Tron Network

<img src="https://static.bittime.com/cms-static/upload/Tether_Minted_1_Billion_USDT_on_the_Tron_Network_88a8baf524.webp" alt="Tether Minted 1 Billion USDT on the Tron Network" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;Based on monitoring by the WhaleAlert platform, at around 05:26 WIB, Tether Treasury printed 1,000,000,000 new USDT on the Tron network. Read this article to the end to find out the full news!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Lucky_Draw_Bittime_beb1f19718.webp" alt="Lucky Draw Bittime.webp" width="746" height="155"></a><h2 style="text-align:justify;">Tether: Authorization Without Issuance</h2>CEO Tether, Paolo Ardoino, provides clarification regarding this massive printing. According to Ardoino, printing 1 billion USDT This is to increase inventory on the Tron network.&nbsp;This transaction is authorized, but not yet issued, which means that this additional issuance will be used for subsequent issuance requests and for cross-chain exchange inventory.Ardoino emphasized that this is a strategic move to ensure that the Tron network has enough USDT supply to meet market demand that may increase in the future.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Staking_Meme_Coin_ff752494f6.webp" alt="Staking Meme Coin.webp" width="2985" height="620"></a><h2 style="text-align:justify;">Impact on Crypto Markets</h2>Printing in this large amount often triggering various speculations in the crypto market. Some analysts see it as a sign of increasing demand for USDT, which is often used as a stable crypto asset in crypto trading. However, there are also concerns that an increase in USDT supply could affect the prices of other crypto assets.This move by Tether also shows the importance of the Tron network in the USDT ecosystem. Tron has become one of the main platforms for USDT issuance, competing with the Ethereum network and others. With this additional 1 billion USDT, Tron is expected to increase its transaction volume and liquidity.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/airdrop/Hamster_Kombat?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Airdrop_Hamster_Kombat_Bittime_35b4153445.webp" alt="Airdrop Hamster Kombat Bittime.webp" width="1600" height="332"></a><h2 style="text-align:justify;">Tether Sustainability and Transparency</h2>As one of the largest stablecoins, <a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/Apa-Itu-USDT-Wallet">Tether </a>has often come under intense scrutiny regarding its transparency and asset reserves. Even though these large mints are authorized but not yet issued, Tether still has to ensure that they have enough reserves to support every USDT in circulation.Tether has committed to increasing the transparency of its operations. In recent years, companies have released audit reports to prove that they have sufficient reserves to support each token they issue. These steps were taken to address criticism and increase public trust in USDT.Also Read:<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/USDT-Wallet-Keuntungan-dan-Panduan"> USDT Wallet: Keuntungan dan Panduan Cara Membuatnya</a><h2 style="text-align:justify;">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Cara_Beli_Crypto_di_Bittime_5d56928673.webp" alt="Cara Beli Crypto di Bittime.webp" width="776" height="273"></a>You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Tether Minted 1 Billion USDT on the Tron Network.webp

Filipino residents can now use USDT stablecoin to make contributions to the country's Social Security System (SSS). Read more in this article.

Tether Pushes Crypto in the Philippines: Pay Social Security with USDT

Tether Dorong Kripto di Filipina Bayar Jaminan Sosial dengan USDT.png

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Tether Dorong Kripto di Filipina Bayar Jaminan Sosial dengan USDT (1).png

- Tether, a renowned stablecoin issuer, has announced an innovative step in integrating crypto into the Philippine public financial system. Filipino residents can now use USDT stablecoin to make contributions to the country's Social Security System (SSS). This marks a new era in crypto adoption in the Philippines and opens up opportunities for millions of people to experience the benefits of blockchain technology.

Tether's Strategic Collaboration with Uquid Paves the Way

Tether has a partnership with Uquid, a leading Web3 shopping and infrastructure company in the Philippines, to enable USDT payments on the TON blockchain. Uquid is renowned for its expertise in leveraging DeFi and blockchain to facilitate various crypto payment options.

This collaboration marks an important milestone in Tether's efforts to integrate digital currencies into everyday transactions, particularly in enabling crypto micropayments. Uquid CEO, Tran Hung, underlined that this partnership aims to redefine ease and accessibility in digital shopping, setting new standards for the industry.

USDT Improving Accessibility and Efficiency of the Social Security System

The implementation of USDT for SSS payments is expected to bring significant benefits to users. The ease and speed of transactions with USDT will help improve the accessibility and efficiency of the social security system.

Lower transaction fees and a secure alternative to traditional banking services is also an added value for SSS contributors.

Bridging the Fintech Gap and Expanding USDT's Reach

Tether collaboration with Uquid and integration of USDT into the Philippine SSS system marks an important step in bridging the gap between fintech and traditional financial systems. This opens up opportunities for millions of people in the Philippines to experience the benefits of blockchain technology and digital assets.

This move also expands the reach of USDT, the world's third largest stablecoin, to new markets and increasing its adoption among the wider public.

Tether and Uquid Collaboration: The Future is Bright for Crypto Adoption in the Philippines

Tether and Uquid's collaboration, along with other innovative moves, shows that Crypto adoption in the Philippines is growing rapidly. With more and more companies and institutions accepting crypto, the future looks bright for blockchain technology and digital assets in the country.

The implementation of USDT for SSS payments in the Philippines is an important step in driving crypto adoption and opening up new opportunities for millions of people. Tether's collaboration with Uquid demonstrates their commitment to integrating digital currencies into traditional financial systems and increasing accessibility for the wider community. By continuing to improve education and infrastructure, the future of crypto in the Philippines looks promising.

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.

Tether announces the launch of USDT on the TON blockchain which is now available through the Simplex payment gateway. Read this article for more news!

Tether Launches USDT on TON Blockchain

Tether Launches USDT on TON Blockchain.png

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Tether announced the launch of USDT on the TON blockchain which is now available through the Simplex payment gateway. This is a big step considering that Simplex provides deposit and withdrawal services for fiat and cryptocurrency, making it easier for users to access USDT on the TON blockchain.

The integration of USDT on the TON blockchain via Simplex is big news for the cryptocurrency community. The Open Network (TON) is a blockchain designed to support fast and efficient transactions, with low transaction fees. Users can now enjoy seamless transactions using USDT on the TON network, which is renowned for its speed and scalability.

Tether, with USDT as a stablecoin pegged to the US dollar, provides much-needed stability in a highly volatile crypto market. With this integration, TON blockchain users now have access to a trusted stablecoin, which can be used for a variety of transactions and applications in the TON ecosystem.

The launch of USDT on the TON blockchain via Simplex offers various benefits to users, such as.

Simplex is a payment service provider that enables transactions between fiat and cryptocurrency. With Simplex, users can easily purchase cryptocurrency using a credit or debit card, as well as withdraw funds back to their bank account. Integration with Simplex means TON users can now easily access USDT and use this stablecoin for a variety of purposes, including trading, investing, and payments.

The integration of USDT on the TON blockchain via Simplex is expected to have a significant positive impact on the TON ecosystem. With the existence of a trusted stablecoin such as USDT, the TON ecosystem can attract more users and developers to build applications and services on this network. 

Additionally, with Simplex facilitating easy access to USDT, new users can quickly and easily join the TON ecosystem, increasing adoption and use of the network.

With increasing adoption and integration like this, the future of cryptocurrencies looks increasingly bright, with more users able to enjoy the benefits of blockchain technology and stablecoins like USDT.

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.

Tether announced the launch of USDT on the TON blockchain which is now available through the Simplex payment gateway.