Browsing:USDT

Tether Continues to Dominate the Stablecoin Market, Issues Another $1 Billion of USDT on Ethereum
1 year ago 1 min read

Tether’s USDT minting on Ethereum hits $1B, signaling stablecoin dominance

Late last night, Tether, the world’s largest stablecoin issuer, minted another billion USDT tokens on the Ethereum network. According to Tether CTO Paolo Ardoino, this is part of an “inventory replenish” and will be used to meet the next period of issuance requests and chain swaps. As the most popular stablecoin in the crypto industry, USDT is pegged 1:1 to the United States dollar and is widely used to facilitate trading on large exchanges that don’t accept fiat currencies. On the Ethereum blockchain, Tether has emerged as the dominant stablecoin issuer, with over 35 billion tokens. Its closest competitor, USDC,

Lebanon crypto adoption
1 year ago 1 min read

Lebanese residents are currently actively making crypto payments

As hyperinflation grips Lebanon, citizens have turned to decentralized mechanisms such as cryptocurrencies to help them survive in the long run. Lebanese citizens have begun to accept digital cryptocurrency payments, which have now become an essential part of their daily life. According to a recent CNBC story, Lebanese citizens have embraced cryptocurrency in an effort to counteract the country’s long-standing hyperinflation. The country is now accepting USDT payments and is gradually warming up to cryptocurrencies by incorporating them into its daily lives. The story goes on to say that Lebanese citizens have begun to accept payments in USDT, which has

McDonald's began started to accept Bitcoin (BTC) as a form of payment in the city of Lugano, which is a hub for cryptocurrency adoption in Western Europe and is located in the Italian-speaking area of Switzerland.
2 years ago 1 min read

McDonald’s starts to accept Bitcoin (BTC) and Tether (USDT) in Lugano in Switzerland

McDonald’s began started to accept Bitcoin (BTC) as a form of payment in the city of Lugano, which is a hub for cryptocurrency adoption in Western Europe and is located in the Italian-speaking area of Switzerland. On October 3, Bitcoin Magazine posted a one-minute video to Twitter showcasing the ordering of food at a McDonald’s digital kiosk and the payment of that item using a mobile app at the store’s checkout counter. It is not surprising to see the Tether (USDT) logo next to the Bitcoin symbol on the credit cash machine because the city of Lugano said in March

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