Bitcoin24h $95,834.87-0.52%

Ethereum24h $2,732.43-1.93%

XRP24h $2.49-2.76%

BNB24h $643.98-3.36%

Solana24h $160.61-6.25%

Dogecoin24h $0.2330-4.83%

Cardano24h $0.7454-3.73%

TRON24h $0.2445+0.92%

Chainlink24h $16.90-5.43%

Sui24h $3.35-1.01%

US-based stablecoins suffered in 2023 as key players battle it out

At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.

Tether custodian Cantor Fitzgerald loves Tether, chief says

Cantor Fitzgerald CEO Howard Lutnick bragged about holding Tether’s treasuries in a recent CNBC interview.

A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.

Exved, a new Russian firm working on cross-border USDT flows, is working with executives of previously sanctioned firms like Garantex.

Imperial Pacific casino operator Ji Xiabao has been found guilty of money laundering and running a criminal syndicate by Chinese courts.