Bitcoin24h $93,513.36-1.46%

Ethereum24h $1,776.16-3.63%

XRP24h $2.26+2.63%

BNB24h $604.26-0.57%

Solana24h $147.40-1.76%

Dogecoin24h $0.1779-2.74%

Cardano24h $0.7015-2.03%

TRON24h $0.2449-3.55%

Sui24h $3.46-1.82%

Chainlink24h $14.57-3.26%

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.