USDT Archives

Bybit Card Launches in Peru: Seamless Spending with Up to 120 USDT in Rewards

July 4, 2026 3 mins read

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially launched the Bybit Card in Peru, marking a significant step in bridging the country’s growing digital asset ecosystem with the practicalities of everyday spending. Over 3 million users globally use the Bybit Card to pay at merchants. Offering year-round rewards on everyday spending, the Bybit Card also unlocks up to 10% cashback and 100% rebates on eligible digital subscriptions including popular services essential to

Utexo Raises $7.5M Led by Tether to Launch Native USDT Settlements on Bitcoin

March 10, 2026 4 mins read

Utexo makes Bitcoin-native stablecoin settlement practical, predictable, and easy to integrate Utexo now announces the raise of a $7.5M seed round co-led by Tether, Big Brain Holdings, and Portal Ventures, with participation from Franklin Templeton, Maven11 Capital, Fulgur Ventures, Alchemy VC, Ethereal Ventures, Auros Ventures, Arcanum Capital, Paper Ventures, Axia8, FlowTraders, Plan B, Gate Ventures, Sats Ventures and strategic angels including operators from Ledger, Hyperion, BTC Turk, Echo, Legion, and SOLV. Bitcoin has always been central to Tether’s long-term vision for USDT, but turning that idea into reality required infrastructure that didn’t yet

Gem Wallet Adds Cross-Chain USDT Support with Integrated Swaps, Bridges, and Scam Protection

December 22, 2025 3 mins read

Gem Wallet, a fully open-source self-custody wallet, today announced a comprehensive USDT infrastructure spanning 10+ blockchains, addressing the fragmented stablecoin experience that has plagued crypto users. With USDT now exceeding $140B in market capitalization, users face mounting challenges moving value across Tron (TRC20), Ethereum (ERC20), Solana, BNB Chain, TON, and other networks. The Challenge: Cross-Chain USDT Functionality Remains Fragmented Despite USDT’s ubiquity, sending stablecoins across chains remains costly, complex, and

Bitget Lists IRYSUSDT for Futures Trading with 20x Leverage

December 3, 2025 3 mins read

Bitget, the world’s largest Universal Exchange (UEX), has announced the listing of the IRYSUSDT trading pair under its USDT-M Futures offerings. The contract is now live with a maximum leverage of 20x and includes support for automated trading via futures trading bots. The listing went into effect on November 27, 2025 (UTC+8), further expanding the platform’s extensive derivatives catalog. The IRYSUSDT perpetual futures contract allows users to trade IRYS tokens

USDT0 Becomes the World’s Largest Cross-Chain Liquidity Network After Surpassing $50 Billion in Transfers

November 25, 2025 4 mins read

USDT0 has become the fastest-growing and largest omnichain stablecoin network, powering 415,000+ transfers and $50 billion in total value moved (TVL) since launch in January 2025. USDT0, the unified liquidity network for the world’s most widely used stablecoin Tether(USDT), today announced that it has surpassed $50B transacted on the protocol. This milestone was achieved just 10 months after the network’s launch in January 2025, cementing USDT0’s position as the fastest-growing cross-chain USDT

Integral launches world’s first stablecoin-based crypto prime broker

October 1, 2025 3 mins read

Already live with customers and liquidity providers, including Virtu Financial and Europa Partners Integral, a global leader in FX and digital asset technology, today announced the launch of PrimeOne, the world’s first stablecoin-based crypto prime brokerage. Built on the Codex Layer-1 EVM blockchain, PrimeOne delivers institutional-grade credit, trading, and net settlement in a single, integrated platform. PrimeOne allows clients to trade with leading crypto market makers and exchanges through a single

MEXC Announces SOON ($SOON) Listing with 75,000 SOON & 50,000 USDT Prize Pool

May 21, 2025 3 mins read

MEXC, a leading global cryptocurrency exchange, will list SOON ($SOON) at 11:00 on May 23, 2025 (UTC). To celebrate this addition to the exchange, MEXC will launch three exclusive events open to all users, including a 75,000 $SOON and a 50,000 USDT prize pool, and a savings program. SOON is a high-performance Solana Virtual Machine (SVM) Rollup that enables mass blockchain adoption through its innovative Super Adoption Stack (SAS). The project standardizes

XSY Launches Digital Synthetic Dollar Unity ($UTY) on Avalanche Blockchain, Raises $5 Million in Funding to Advance DeFi Infrastructure

May 18, 2025 3 mins read

XSY.fi, a capital management platform streamlining access to advanced DeFi strategies, today announced the beta release of its flagship product, Unity ($UTY), on the Avalanche blockchain and the close of a $5 million Pre-Series A funding round. The round was led by Protagonist and Borderless Capital, with participation from Paper Ventures, Chainview Capital, Blizzard the Avalanche Fund, Sonic Boom Ventures, and other strategic investors. “DeFi has made extraordinary technical progress,

Tether (USDT) appoints Simon McWilliams as its new CFO

March 4, 2025 1 min read

Tether, a major stablecoin issuer, has appointed Simon McWilliams as its new Chief Financial Officer. This move is seen as a significant step towards achieving a full audit of the company. McWilliams has over 20 years of experience in finance and auditing at large investment firms. His role will focus on enhancing Tether’s transparency and preparing for regulatory requirements. Tether stated that McWilliams’ appointment shows their commitment to completing a

Tether (USDT) holds 98.5% of the market share on Tron Network

March 2, 2025 1 min read

A major player has emerged in the stablecoin market on the Tron network. The USDT stablecoin is now the main choice for value transfers and trading. A recent analysis by CryptoQuant shows that USDT makes up 98.5% of the stablecoin supply on Tron. This makes it the clear leader in the market. USDT has a circulating supply of $62.76 billion out of nearly $64 billion on the Tron network. Other

The crypto market is facing challenges as Bitcoin has dropped below $97,000, and Ether is trading around $2,600. Other major altcoins like XRP, Solana, BNB, Dogecoin, Cardano, and Tron are also following the downward trend of Bitcoin and Ether. In the last 24 hours, the total market capitalization of cryptocurrencies fell by 1.29%. Despite this decline, Tether’s USDT stablecoin is making headlines. It reached an all-time high market cap of $141.76 billion, marking a significant milestone. USDT is known for maintaining its value against the US dollar and has seen sharp increases in its market cap over time. Several factors are driving the adoption of USDT. Recently, Tether formed a partnership with Reelly Tech, a prominent real estate B2B platform in the UAE. The UAE is recognized for its strong crypto regulations and innovation, which could enhance Tether's global presence. In the United States, there is growing interest in regulating the stablecoin market. Officials from the US Financial Committee have introduced a House Bill focused on stablecoin regulations. Similarly, the UK has announced plans to implement its own stablecoin regulations. The newly established Presidential Working Group is also looking into the concept of a “Bitcoin strategic reserve.” As stablecoin regulations progress, the US White House Crypto & AI Czar has highlighted the potential of stablecoins to boost dollar dominance.

The market cap of USDT reaches an all-time high of $141.76 billion

February 8, 2025 1 min read

The crypto market is facing challenges as Bitcoin has dropped below $97,000, and Ether is trading around $2,600. Other major altcoins like XRP, Solana, BNB, Dogecoin, Cardano, and Tron are also following the downward trend of Bitcoin and Ether. In the last 24 hours, the total market capitalization of cryptocurrencies fell by 1.29%. Despite this decline, Tether’s USDT stablecoin is making headlines. It reached an all-time high market cap of

USDT stablecoin issuer Tether buys 7,629 BTC valued at $705 million

USDT stablecoin issuer Tether buys 7,629 BTC worth $705 million

December 31, 2024 1 min read

Tether, the issuer of the USDT stablecoin, has significantly increased its Bitcoin holdings by acquiring 7,629 BTC, valued at approximately $705 million. This acquisition raises Tether’s total Bitcoin holdings to 82,983 BTC, worth around $7.68 billion, making it the sixth-largest Bitcoin holder globally. This move aligns with Tether’s strategy to allocate 15% of its profits towards Bitcoin purchases, a plan initiated in May 2023, as part of their broader effort