TetherTreasury
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🚀 Tron’s Tether Volume Rivals Visa's Daily Transactions Amid Crypto Slump 📉
Tron is making waves as the 24-hour trading volume of tether (USDT) on its network surpasses Visa’s average daily transaction volume. Data from Lookonchain reveals that on June 21, tether trading on Tron hit $53 billion, outstripping Visa's $42 billion daily average in Q1 2024.
Currently, 59 billion USDT tokens are issued on the Tron network, with 45.5 million unique addresses holding these tokens. The top ten holders account for 27.57% of the total supply, while the next 40 holders represent 6.14%. This far exceeds the 5.7 million holders of USDT on Ethereum.
Despite a broader crypto market downturn, Tron's native cryptocurrency (TRX) has shown resilience, gaining 2% over the past week. While many digital assets have suffered significant losses, Tron’s performance and its USDT activity continue to stand out. 🚀🌐
$TRX
#TRONNetwork's #visa #TetherTreasury
Tron is making waves as the 24-hour trading volume of tether (USDT) on its network surpasses Visa’s average daily transaction volume. Data from Lookonchain reveals that on June 21, tether trading on Tron hit $53 billion, outstripping Visa's $42 billion daily average in Q1 2024.
Currently, 59 billion USDT tokens are issued on the Tron network, with 45.5 million unique addresses holding these tokens. The top ten holders account for 27.57% of the total supply, while the next 40 holders represent 6.14%. This far exceeds the 5.7 million holders of USDT on Ethereum.
Despite a broader crypto market downturn, Tron's native cryptocurrency (TRX) has shown resilience, gaining 2% over the past week. While many digital assets have suffered significant losses, Tron’s performance and its USDT activity continue to stand out. 🚀🌐
$TRX
#TRONNetwork's #visa #TetherTreasury
🌐💸 TETHER TREASURY UPDATE! 💰🔄
In a recent move, the #TetherTreasury flexed its minting prowess, creating an additional 1 billion #USDT around 11 hours ago.
📄 Transaction Hash: 👇
0xc46a29dc6d919b322fa18ea022f1bc816a9850c77aac45929d3662a2bb63c20c
$USDT
The crypto seas continue to witness the ebb and flow of digital currencies! Stay tuned for more updates on the Tether Treasury's maneuvers! 🚀🔍
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
In a recent move, the #TetherTreasury flexed its minting prowess, creating an additional 1 billion #USDT around 11 hours ago.
📄 Transaction Hash: 👇
0xc46a29dc6d919b322fa18ea022f1bc816a9850c77aac45929d3662a2bb63c20c
$USDT
The crypto seas continue to witness the ebb and flow of digital currencies! Stay tuned for more updates on the Tether Treasury's maneuvers! 🚀🔍
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
As predicted, #TetherTreasury minted 1B $USDT on #Ethereum 2 hours ago.
Follow for more
thanks ❤️
$ETH #TetherUpdate #ETH🔥🔥🔥 #realmabbaskhan
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thanks ❤️
$ETH #TetherUpdate #ETH🔥🔥🔥 #realmabbaskhan
🔔 Breaking News $USDT
$1,000,000 #USDT just minted out of thin air from the Tether Treasury!
In just 10 days, #TetherTreasury minted a staggering 2B $USDT!
Get ready for a wild ride in the crypto world!
#CryptoNews #Tether #CryptoPatel
$BTC $ETH $LINK $
$1,000,000 #USDT just minted out of thin air from the Tether Treasury!
In just 10 days, #TetherTreasury minted a staggering 2B $USDT!
Get ready for a wild ride in the crypto world!
#CryptoNews #Tether #CryptoPatel
$BTC $ETH $LINK $
Tether report that they are fully regulated.
- The Company continues to diligently assist U.S. law enforcement and regulatory agencies.
- Tether actively blocks citizens on the sanctions list (SDN) and involved in money laundering (OFAC).
- Determined to actively assist the US DOJ, their secret service, and the FBI.
#TetherTreasury #Tether #TetherUpdate #Regulation #Regulations
- The Company continues to diligently assist U.S. law enforcement and regulatory agencies.
- Tether actively blocks citizens on the sanctions list (SDN) and involved in money laundering (OFAC).
- Determined to actively assist the US DOJ, their secret service, and the FBI.
#TetherTreasury #Tether #TetherUpdate #Regulation #Regulations
▪️Tether : Tether has ambitions to own 1% of $BTC mining computing power #TetherTreasury #TetherEcosystem #CryptoTrend
UNPACKING DEFAMATION ALLEGATIONS: WSJ VS TETHER-BITFINEX
Cryptocurrency news has been abuzz with recent events as one of the leading cryptocurrency exchanges, Bitfinex, and its affiliated stablecoin issuer Tether have taken legal action against The Wall Street Journal for defamation. The lawsuit arises from an article published by the renowned financial publication, alleging dubious practices and lack of transparency within the operations of Tether and Bitfinex.
The lawsuit stems from an article published by The Wall Street Journal that casts doubt on the integrity and legitimacy of Tether and its parent company Bitfinex. Tether, a popular stablecoin pegged to the US dollar, has been under scrutiny in recent years due to concerns regarding its backing and transparency.
Background of Tether and Bitfinex
Tether is one of the most widely used stablecoins in the cryptocurrency market, known for its purported 1:1 backing by fiat currency reserves. Bitfinex, on the other hand, is a prominent cryptocurrency exchange that shares common ownership and management with Tether. The Wall Street Journal article in question raised serious allegations against Tether and Bitfinex, suggesting that the companies engaged in market manipulation and lacked the necessary reserves to back the Tether stablecoin fully.
Initial Response and Legal Action
In response to the article, Bitfinex and Tether vehemently denied the allegations and announced their decision to pursue legal action against The Wall Street Journal for defamation. The companies emphasized their commitment to transparency and compliance with regulatory standards.
The lawsuit accuses The Wall Street Journal of spreading false information that has damaged the reputation and credibility of Tether and Bitfinex. Both companies argue that the article contains inaccuracies and misrepresentations that have adversely affected their business operations.
The publication of the article had an immediate impact on the cryptocurrency market, leading to a temporary decline in the value of Tether and causing uncertainty among investors. However, market sentiment stabilized as Bitfinex and Tether reassured users of their financial stability.
Legal Implications and Process
The lawsuit against The Wall Street Journal is expected to proceed through the legal system, with both parties presenting their arguments and evidence in court. The outcome of the case could have significant implications for the future regulation and oversight of stablecoins. The lawsuit has garnered widespread media attention, with various news outlets covering the ongoing legal battle between Bitfinex, Tether, and The Wall Street Journal. Public opinion on the matter remains divided, with some supporting the journalistic integrity of The Wall Street Journal and others questioning the motives behind the article.
#TrendingTopic #Write2Earn #Bitfinex #cryptonews #TetherTreasury
The lawsuit stems from an article published by The Wall Street Journal that casts doubt on the integrity and legitimacy of Tether and its parent company Bitfinex. Tether, a popular stablecoin pegged to the US dollar, has been under scrutiny in recent years due to concerns regarding its backing and transparency.
Background of Tether and Bitfinex
Tether is one of the most widely used stablecoins in the cryptocurrency market, known for its purported 1:1 backing by fiat currency reserves. Bitfinex, on the other hand, is a prominent cryptocurrency exchange that shares common ownership and management with Tether. The Wall Street Journal article in question raised serious allegations against Tether and Bitfinex, suggesting that the companies engaged in market manipulation and lacked the necessary reserves to back the Tether stablecoin fully.
Initial Response and Legal Action
In response to the article, Bitfinex and Tether vehemently denied the allegations and announced their decision to pursue legal action against The Wall Street Journal for defamation. The companies emphasized their commitment to transparency and compliance with regulatory standards.
The lawsuit accuses The Wall Street Journal of spreading false information that has damaged the reputation and credibility of Tether and Bitfinex. Both companies argue that the article contains inaccuracies and misrepresentations that have adversely affected their business operations.
The publication of the article had an immediate impact on the cryptocurrency market, leading to a temporary decline in the value of Tether and causing uncertainty among investors. However, market sentiment stabilized as Bitfinex and Tether reassured users of their financial stability.
Legal Implications and Process
The lawsuit against The Wall Street Journal is expected to proceed through the legal system, with both parties presenting their arguments and evidence in court. The outcome of the case could have significant implications for the future regulation and oversight of stablecoins. The lawsuit has garnered widespread media attention, with various news outlets covering the ongoing legal battle between Bitfinex, Tether, and The Wall Street Journal. Public opinion on the matter remains divided, with some supporting the journalistic integrity of The Wall Street Journal and others questioning the motives behind the article.
#TrendingTopic #Write2Earn #Bitfinex #cryptonews #TetherTreasury
#This is future 👊👊👊👊👊👊👊👊
#Tether Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech ,LONDON (Reuters) - Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.
Blackrock Neurotech makes brain-to-computer interfaces, including neural implants which can allow people to control computers and prosthetic arms without moving, its website says. It has no relation to the asset manager BlackRock.The deal, which closed on Friday after several months of due diligence, values Blackrock Neurotech at around $350 million, making Tether its largest shareholder, Tether CEO Paolo Ardoino told Reuters.
#NFP
#TetherTreasury
#Tether Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech ,LONDON (Reuters) - Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.
Blackrock Neurotech makes brain-to-computer interfaces, including neural implants which can allow people to control computers and prosthetic arms without moving, its website says. It has no relation to the asset manager BlackRock.The deal, which closed on Friday after several months of due diligence, values Blackrock Neurotech at around $350 million, making Tether its largest shareholder, Tether CEO Paolo Ardoino told Reuters.
#NFP
#TetherTreasury
"UN Identifies USDT as Prime Tool for Scams and Money Laundering"
Tether says it is disappointed with the UN’s analysis for focusing on risks associated with USDT while ignoring the token’s benefits in developing economies.
Read more on: https://thecryptobasic.com/2024/01/16/tether-reacts-as-un-highlights-usdt-as-preferred-payment-method-for-scams-and-money-laundering/
#TetherUpdate #TetherTreasury #cryptocurrecny #CryptoNetworking #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/16/tether-reacts-as-un-highlights-usdt-as-preferred-payment-method-for-scams-and-money-laundering/
#TetherUpdate #TetherTreasury #cryptocurrecny #CryptoNetworking #CryptoNews🔒📰🚫
🔥 Hot Off the Press: Massive #USDT Moves! 🌪️
🚀 Witness the colossal transfer of 54,000,000 USDT, totaling a remarkable $54,055,889, as it journeys from #TetherTreasury to #Bitfinex ! The #crypto world is buzzing with excitement. 📈💰
🔄 The action doesn't stop there! Another 54,000,000 $USDT worth 54,055,889 is making its way from Bitfinex back to Tether Treasury. The crypto tides are in motion! 🌊🚀
📊 Dive into the specifics with transaction hashes:
From Tether Treasury to Bitfinex: 👇
dd1f92ff1b5fd7c4fd7bb0a7acd6334e5711e6aa516cd7f46da6e8a528c1e28e.
From Bitfinex to Tether Treasury: 👇
0x7d93dcc735904485c8b921eec430e0b8675890f9cb93eb7943b7ef5c726444b5.
Address Analysed on mest.io
Disclaimer: #cryptocurrency markets can be volatile. Always invest wisely and do your own research. 💡🌐
🙏 a small LIKE & FOLLOW 🙏 MOTIVATES ME A LOT ❤️
🚀 Witness the colossal transfer of 54,000,000 USDT, totaling a remarkable $54,055,889, as it journeys from #TetherTreasury to #Bitfinex ! The #crypto world is buzzing with excitement. 📈💰
🔄 The action doesn't stop there! Another 54,000,000 $USDT worth 54,055,889 is making its way from Bitfinex back to Tether Treasury. The crypto tides are in motion! 🌊🚀
📊 Dive into the specifics with transaction hashes:
From Tether Treasury to Bitfinex: 👇
dd1f92ff1b5fd7c4fd7bb0a7acd6334e5711e6aa516cd7f46da6e8a528c1e28e.
From Bitfinex to Tether Treasury: 👇
0x7d93dcc735904485c8b921eec430e0b8675890f9cb93eb7943b7ef5c726444b5.
Address Analysed on mest.io
Disclaimer: #cryptocurrency markets can be volatile. Always invest wisely and do your own research. 💡🌐
🙏 a small LIKE & FOLLOW 🙏 MOTIVATES ME A LOT ❤️
$Tether won’t confirm or deny if it’s dropping $USDT on Tron
$USDT $USDC $TRX
Tether did not make a specific comment on whether it plans to drop support for Tron after rival Circle dumped the network over safety concerns.
#TrendingTopic #Write2Earn #TetherTreasury
$USDT $USDC $TRX
Tether did not make a specific comment on whether it plans to drop support for Tron after rival Circle dumped the network over safety concerns.
#TrendingTopic #Write2Earn #TetherTreasury
70,000,000 #USDT was transferred from #Tether Treasury to the wallet address "0x1dBb" just 24 minutes ago.
Following this, from the same wallet address "0x1dBb", $26.5M was subsequently transferred to a centralized exchange (#CEX).
Address: 0x1dBbBC3Fdb2C4FaBd28fd9b84Ed99ceb84BfBeC5
#TetherTreasury
Following this, from the same wallet address "0x1dBb", $26.5M was subsequently transferred to a centralized exchange (#CEX).
Address: 0x1dBbBC3Fdb2C4FaBd28fd9b84Ed99ceb84BfBeC5
#TetherTreasury
See original
💥AWESOME 👉TETHER JUST PRINTED ADDITIONAL 1 BILLION USDT💰
Mint right at the Support zone is quite important, wait for more signals to see what happens...
#TetherTreasury $BTC
Mint right at the Support zone is quite important, wait for more signals to see what happens...
#TetherTreasury $BTC
⏰ The crypto seas witnessed another intriguing move just 11 hours ago! 🚨 Whale "0x1dBb" received a hefty 61 million #USDT from #TetherTreasury once again, only to swiftly deposit it across various exchanges.
🕵️♂️ The crypto community is on high alert, diligently tracking the moves of this mysterious whale.
The big question looms—what does this whale have in store with all these USDT? 🌐💼
🔗 Here's the address to keep tabs on: 👇
0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5.
The crypto saga continues as the community eagerly awaits the unfolding of this financial narrative! 🚀🔍
[Disclaimer: #cryptocurrency transactions involve risks. Stay informed and make well-researched financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🕵️♂️ The crypto community is on high alert, diligently tracking the moves of this mysterious whale.
The big question looms—what does this whale have in store with all these USDT? 🌐💼
🔗 Here's the address to keep tabs on: 👇
0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5.
The crypto saga continues as the community eagerly awaits the unfolding of this financial narrative! 🚀🔍
[Disclaimer: #cryptocurrency transactions involve risks. Stay informed and make well-researched financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔥Tether printed another 1 billion USD 👀 … 3 billion within 3 days ➡️ $BTC have a new ATH or return to $50K?
🔸This amount was transferred to Coinbase, Binance, Kraken, Bitfinex. Every time $USDT mints have finished, the market has decreased. Someone might think that these stablecoins need a good position and the retailer's selling mentality to buy altcoins at good prices.
🫵What do you think? Cmt 👇
#BinanceVietnamSquare #BullorBear #TetherTreasury
🔸This amount was transferred to Coinbase, Binance, Kraken, Bitfinex. Every time $USDT mints have finished, the market has decreased. Someone might think that these stablecoins need a good position and the retailer's selling mentality to buy altcoins at good prices.
🫵What do you think? Cmt 👇
#BinanceVietnamSquare #BullorBear #TetherTreasury
Tether Mints 1 Billion Tron-Based Tokens
Tether Treasury's recent minting of 1 billion USDT on Tron network marks a continuation of its significant expansion in the stablecoin market
Tether Treasury has minted an additional 1 billion USDT (Tether) on the Tron network, according to data provided by blockchain sleuth Lookonchain.
This latest issuance is part of a huge expansion streak, with a total of 6 billion USDT tokens being minted across both the Tron and Ethereum networks since Nov. 3.
Tether's minting of USDT serves several critical functions in the digital asset landscape. Primarily, Tether aims to provide a stable, digital representation of fiat currencies in the blockchain environment. USDT offers a less volatile option for cryptocurrency users. Thus, it is often acting as a safe haven in times of market turbulence.
Tether mints additional tokens primarily to cater to the escalating demand within the cryptocurrency market and to ensure the stability of its peg to fiat currencies like the US Dollar.
Recent data from Glassnode indicates a rejuvenating trend in the stablecoin market. For the first time in over 18 months, there has been a notable expansion in this sector, with Tether's USDT reaching an all-time high market cap of a whopping $89 billion. The combined market capitalization of major stablecoins has surged by nearly $5 billion over the past month, now standing at $124 billion.
#Tether #USDTUpdate #TetherTreasury #mining #CryptoScoop
$BUSD $USDC $TUSD
Tether Treasury's recent minting of 1 billion USDT on Tron network marks a continuation of its significant expansion in the stablecoin market
Tether Treasury has minted an additional 1 billion USDT (Tether) on the Tron network, according to data provided by blockchain sleuth Lookonchain.
This latest issuance is part of a huge expansion streak, with a total of 6 billion USDT tokens being minted across both the Tron and Ethereum networks since Nov. 3.
Tether's minting of USDT serves several critical functions in the digital asset landscape. Primarily, Tether aims to provide a stable, digital representation of fiat currencies in the blockchain environment. USDT offers a less volatile option for cryptocurrency users. Thus, it is often acting as a safe haven in times of market turbulence.
Tether mints additional tokens primarily to cater to the escalating demand within the cryptocurrency market and to ensure the stability of its peg to fiat currencies like the US Dollar.
Recent data from Glassnode indicates a rejuvenating trend in the stablecoin market. For the first time in over 18 months, there has been a notable expansion in this sector, with Tether's USDT reaching an all-time high market cap of a whopping $89 billion. The combined market capitalization of major stablecoins has surged by nearly $5 billion over the past month, now standing at $124 billion.
#Tether #USDTUpdate #TetherTreasury #mining #CryptoScoop
$BUSD $USDC $TUSD
Tether made an unrealized gain of $1.1 billion on its bitcoin investment after its exchange rate climbed above $41,000.
According to the data, as of December 5, the company holds 57,576 BTC worth about $2.4 billion on its balance sheet, with an average purchase price of $22,480.
#TetherTreasury #stablecoin
According to the data, as of December 5, the company holds 57,576 BTC worth about $2.4 billion on its balance sheet, with an average purchase price of $22,480.
#TetherTreasury #stablecoin
🚀 Tether Treasury Unleashes 1 Billion #USDT ! 🌐💵
🔄 The Tether Treasury just minted another 1 billion $USDT , leaving a digital trail with the transaction hash: 👇
ff8b112b863ce77840c1b2be474004454d28dc0de3ead28691f867351e83d9cb
Don't Forget this whale 👇
🚨 This whale, a frequent beneficiary, has soaked up a staggering 1.13 billion USDT from #TetherTreasury in the last 32 days, channeling it into various exchanges.
🔗 Explore the whale's Address: 👇
0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5
🚫 Stay vigilant in the crypto seas—whales are making waves! 🌊🔍
[Disclaimer: #cryptocurrency transactions involve risks. Stay informed and make well-researched financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔄 The Tether Treasury just minted another 1 billion $USDT , leaving a digital trail with the transaction hash: 👇
ff8b112b863ce77840c1b2be474004454d28dc0de3ead28691f867351e83d9cb
Don't Forget this whale 👇
🚨 This whale, a frequent beneficiary, has soaked up a staggering 1.13 billion USDT from #TetherTreasury in the last 32 days, channeling it into various exchanges.
🔗 Explore the whale's Address: 👇
0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5
🚫 Stay vigilant in the crypto seas—whales are making waves! 🌊🔍
[Disclaimer: #cryptocurrency transactions involve risks. Stay informed and make well-researched financial decisions.]
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
