Bitcoin24h $76,935.18-1.86%

Ethereum24h $2,457.96-0.62%

BNB24h $714.13-1.37%

XRP24h $1.34-3.69%

Solana24h $99.37-2.18%

TRON24h $0.3409+0.44%

Hyperliquid24h $79.40-4.99%

Zcash24h $1,094.71-11.87%

Dogecoin24h $0.0836-3.02%

Monero24h $511.88+0.66%

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.