Summary: Tether, USDT issuer, has partnered with Indonesian crypto exchange Reku to organize a nationwide program to educate residents about cryptocurrency and...

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-04 16:05:39 EDT Read More

Summary: A 19-year-old Singaporean trader was attacked and chased by two men while attempting to convert S$32,000 into USDT in a car park. The men were later arrested by police on suspicion of attempted robbery.

• Sentiment: -0.6
• Protos @ 2024-09-04 09:40:34 EDT Read More

Summary: Over the past 30 days, $3.65 billion in USDT issuance has injected new liquidity into the crypto market. This capital remains largely unallocated, potentially influencing market conditions significantly if deployed, though its immediate impact is not yet apparent.

• Sentiment: 0.1
• CryptoPotato @ 2024-09-04 09:07:13 EDT Read More

Summary: Alchemy Pay has partnered with the Algorand Foundation to support $USDT and $USDC on the Algorand blockchain. This integration aims to simplify crypto-to-fiat conversions and enhance user accessibility, bridging traditional finance with decentralized finance.

• Sentiment: 0.8
• FXDailyReport.Com @ 2024-09-04 08:48:24 EDT Read More

Summary: Ripple CEO Brad Garlinghouse announced that the company is close to launching its US dollar-pegged stablecoin Ripple USD (RLUSD).

• Sentiment: 0.0
• coinspeaker @ 2024-09-04 06:31:42 EDT Read More

Summary: Ripple CEO Brad Garlinghouse announced that Ripple's new stablecoin, RLUSD, pegged to the U.S. dollar, is nearing its launch. It will be overcollateralized and subject to third-party audits, positioning itself in a market currently dominated by USDT and USDC.

• Sentiment: 0.6
• financefeeds @ 2024-09-04 11:43:02 EDT Read More

Summary: Ripple is set to launch a new stablecoin, Ripple USD (RLUSD), pegged to the US dollar. Ripple aims to enter the stablecoin market, which is currently dominated by USDT and USDC, after USDC lost its dollar benchmark.

• Sentiment: 0.2
• VOI.ID @ 2024-09-04 08:22:45 EDT Read More

Summary: Since the launch of USDT on the TON blockchain in April, the integration has driven significant growth, with USDT transactions reflecting rising demand. This surge contributed to TON surpassing 1 billion transactions, indicating increased utility and adoption of stablecoins in its ecosystem.

• Sentiment: 0.9
• NullTX @ 2024-09-04 05:15:12 EDT Read More

Summary: TON's integration of USDT across 100+ platforms since April 2024 has significantly increased transaction volumes, peaking at nearly $2.4 billion in August. This growth highlights TON's expanding role in DeFi and its utility for stablecoins like USDT.

• Sentiment: 0.6
• Crypto News Flash @ 2024-09-04 08:00:56 EDT Read More

Summary: USDT inflows surged from $402 million to $970 million, coinciding with Bitcoin's price rise. However, despite increased USDT deposits suggesting renewed optimism, net outflows of $120.8 million from USDT indicate growing market caution.

• Sentiment: 0.2
• AMBCrypto @ 2024-09-04 05:00:13 EDT Read More

Summary: USDT's market cap reached $118 billion, leading the stablecoin sector with a 70% market share amid increased institutional interest and market volatility. The surge reflects growing confidence in stablecoins as traders convert assets to secure profits or wait for better opportunities.

• Sentiment: 0.1
• Coinpedia @ 2024-09-04 08:24:19 EDT Read More

Summary: USDT is leading the growth in the stablecoin market, which has hit a record $177 billion, driven by institutional interest and market volatility. USDT holds a 70% share with a market cap of $118 billion, indicating strong dominance despite Bitcoin's price drop.

• Sentiment: 0.1
• Coinpedia @ 2024-09-04 08:24:19 EDT Read More

Summary: Amid Bitcoin's recent price drop to $56,520, traders are shifting assets into stablecoins, notably USDT. This trend reflects a strategic move to safeguard investments, with USDT seeing significant growth and holding 70% of the stablecoin market share.

• Sentiment: -0.2
• CGWALL @ 2024-09-04 16:43:55 EDT Read More

Summary: If XRP’s market cap matched Tether (USDT)'s $117.86 billion, its price could surge to $2.10, representing a 244.8% increase from its current $0.61. This would bring XRP closer to its all-time high price of $3.84.

• Sentiment: 0.1
• The Crypto Basic @ 2024-09-04 03:03:51 EDT Read More

Summary: BitMEX has delisted MATICUSDT and MATIC/USDT trading pairs due to the Polygon network's migration from MATIC to POL. Users need to withdraw MATIC (ERC-20) tokens from their BitMEX wallets to avoid complications from this transition.

• Sentiment: 0.0
• Blockchain News @ 2024-09-04 01:28:00 EDT Read More