Tether selects Arbitrum to power crosschain stablecoin
Valued at more than $141 billion, Tether’s USDt is the world’s largest stablecoin by market capitalization and usage.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Valued at more than $141 billion, Tether’s USDt is the world’s largest stablecoin by market capitalization and usage.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
OCC Faces Banking Backlash Over $850 Billion Stablecoin Threat
America’s banking lobby is firing back at federal regulators over a stablecoin rule that could reshape how crypto platforms reward...
Tether sees $1B drop in USDT as Bitcoin recovery faces challenges
The decline in USDT's market cap could hinder Bitcoin's recovery, highlighting the critical role of stablecoin liquidity in crypto...
Tether backs Tenstorrent’s $1.5 billion raise to widen access to AI computing
Tether's investment in Tenstorrent signals a strategic shift towards diversifying AI infrastructure, potentially decentralizing co...
Securitize Cuts Out Stablecoin Middlemen in Deal With Anchorage Digital Bank
Securitize now creates and redeems stablecoins directly with Anchorage Digital Bank, N.A., the two companies announced on Tuesday....
Tether backs Peso to expand USDT payment infrastructure in Latin America
Tether's investment in Peso could reshape Latin America's financial landscape, challenging local currencies and regulatory framewo...
Polymarket US hits $8.7 billion as Coinbase and Roundtable push stablecoin media payments
The rise of Polymarket and stablecoin media payments could reshape financial transactions, blending sports betting with blockchain...