Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally
Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Read More: Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally
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 CryptonewsRelated market context
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...
Tether Freezes $1.45M in THORChain USDT Vaults, Then Reverses Blacklist Hours Later
Key Takeaways: The amount of about $1.45 million in USDT was temporarily frozen in THORChain vault addresses. According to THORCha...
Ledger theft-linked funds shift from USDT to USDD to dodge Tether freezes
The shift from USDT to USDD underscores vulnerabilities in stablecoin freeze mechanisms, prompting scrutiny on regulatory and secu...
Uniswap v4 and v3 capture 47.2% of $161.4 billion in stablecoin DEX volume
Uniswap's dominance in stablecoin DEX volume highlights its critical role in onchain finance, impacting trader strategies and liqu...
Ethereum leads stablecoin market cap growth, adding $243M in a week
Ethereum's stablecoin growth highlights potential concentration risks and market consolidation, impacting DeFi liquidity and stabi...
Tether froze 1.45 million USDT in THORChain vaults, then reversed course three hours later
The incident highlights the vulnerability of DeFi protocols to centralized issuer actions, emphasizing the need for diversified as...