Tether's Stablecoin Market Cap Now Double USDC After SVB Chaos
Several key metrics indicate the Tether (USDT) stablecoin is emerging as a key winner from the recent chaos in crypto markets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
Treasury’s New Stablecoin Rule Could Force US Exchanges to Delist Tether
Austin Campbell, founder of Zero Knowledge Group, said on the Bits + Bips podcast that Treasury’s newly proposed rules for the GEN...
Circle renews Coinbase deal creating two ways to challenge Coinbase’s USDC payouts, but neither works quickly
Circle's renewed agreement with Coinbase preserves the existing economics around USDC for another three-year term and, starting Au...
What the Tether audit means for the crypto industry
In news that will shock anyone who’s been involved in the crypto industry for any significant amount of time, Tether announced las...
Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks
Bitcoin Magazine Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks Bitcoin blew past $68,000 on Wednesday, jumpi...
Circle still tells users to buy Noble USDC on Coinbase after cutoff date passes
Coinbase’s announced Aug. 17 cutoff for USDC deposits and withdrawals on Noble had passed, but Circle’s public Noble guide was sti...
Bitcoin Hits $70,000 as Trump Pushes CLARITY Act, Hyperliquid Surges and $1.4 Billion in Shorts Get Wiped Out
By late trading, Bitcoin was changing hands around $69,200, up approximately 7% over 24 hours after starting the session near $64,...