Bitcoin24h $90,464.83-0.84%

Ethereum24h $3,006.35-0.34%

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BNB24h $879.42-0.97%

Solana24h $137.46-1.67%

TRON24h $0.2811+0.08%

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Cardano24h $0.4165-2.29%

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Bitcoin Cash24h $532.94-0.48%

Tether terminates Bitcoin support while advertising Bitcoin support

Tether will terminate redemptions and freeze most USDT tokens using the Bitcoin ledger on September 1 as it terminates Omni support.

Tether claims billions in profits as it grows ‘secured loans’

Tether, the world’s largest stablecoin company, has continued to grow its secured loans business even after promising to eliminate it.

By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.

Circle’s USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether’s USDT.

Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.