Bitcoin24h $90,919.65-0.04%

Ethereum24h $2,998.33-1.26%

XRP24h $2.20+1.09%

BNB24h $874.63-1.34%

Solana24h $136.30-0.89%

TRON24h $0.2809-0.06%

Dogecoin24h $0.1488-1.00%

Cardano24h $0.4159-0.92%

Hyperliquid24h $34.50-1.22%

Bitcoin Cash24h $522.75-4.44%

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.