Bitcoin24h $118,594.41+0.71%

Ethereum24h $3,808.62+1.11%

XRP24h $3.12+0.98%

BNB24h $797.26+1.70%

Solana24h $177.76-0.03%

Dogecoin24h $0.2190+0.74%

TRON24h $0.3281+0.78%

Cardano24h $0.7671+0.70%

Hyperliquid24h $44.10+3.45%

Sui24h $3.80+2.06%

CHART: Tether has attracted US government action 19 times

A timeline of Tether’s run-ins with US courts and law enforcement traces back over a decade, but its market cap has steadily grown.

Tether’s new asset currently backed by 0kg of gold

Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.

Several versions of Tether tied to assets like the Euro, Offshore Yuan, and the Mexican Peso, look to have been completely sidelined.

Crypto exchanges have a curious practice of paying their customers USDT bonuses to submit their ID cards for KYC purposes.

The gang allegedly used USDT to evade China’s foreign exchange regulations and provide a means for criminals to send their funds overseas.