Bitcoin24h $84,574.81+1.91%

Ethereum24h $1,879.47+2.37%

XRP24h $2.10+0.07%

BNB24h $601.63-1.22%

Solana24h $124.38-1.33%

Dogecoin24h $0.1713+1.61%

Cardano24h $0.6740+0.81%

TRON24h $0.2374+0.13%

Toncoin24h $4.00-3.18%

Chainlink24h $13.75+0.76%

Tether’s gold-backed aUSDT barely minted since its launch a month ago

Despite Tether’s gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.

Tether-owned Northern Data accused of fraud by former execs

Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.

This week, a chart appeared to show stablecoin volume on the Solana blockchain declining over 90% since a series of events at Jump Crypto.

A close review of Justin Sun’s wallets and entities reveals assets being quickly moved with inadequate disclosure.

Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.