The USDT stablecoin has seen significant growth and activity recently. In China, USDT remains highly popular, while the RMB-pegged stablecoin Tether CNH (CNHT) has seen little demand. On the TON blockchain, USDT's net circulation has surpassed $500 million in less than two months, marking the fastest growth in Tether's history. The networkβs TVL also grew to $670 million, boosted by Web3 integrations and popular mini-games on Telegram. Additionally, significant cryptocurrency transactions have been reported, including a transfer of 100 million USDT from Bybit to an unknown wallet and 65 million USDT from Kraken to Bitfinex. Other notable transactions include 4,500 BTC worth approximately $276 million transferred between unknown wallets and 10,000 ETH worth around $33.8 million transferred to Bybit.
π¨ π¨ π¨ π¨ 77,900,000 #USDT (77,926,330 USD) transferred from #Kraken to Tether Treasury https://t.co/NePHHk4QtP
π put together great UX, ecosystem and most widely stablecoin -> success https://t.co/y5RTy0tQPg
π #Tether's $USDT stablecoin circulation on @ton_blockchain has surpassed 500M, hitting 519.28M as of Tuesday. The networkβs TVL also grew to $670M, boosted by Web3 integrations and popular mini-games on Telegram. https://t.co/lh1jEJbe9J
$TON has been catching attention lately π₯ With almost a billion users, can Telegram tap into their massive distribution for @ton_blockchain ? @FishMarketAcad breaks it down for VIPs https://t.co/3gq7NUhCVQ https://t.co/YJ4uLAG2jh
π¨ π¨ π¨ 60,259,993 #USDC (60,259,993 USD) transferred from #Wintermute to unknown wallet https://t.co/eHfwWyCHe5
[THE BLOCK] $USDT stablecoin supply on $TON blockchain crosses 500 million
π¨ π¨ 10,000 #ETH (33,866,867 USD) transferred from unknown wallet to #Bybit https://t.co/cuhsc9XLyE
USDT stablecoin supply on TON blockchain crosses 500 million https://t.co/M1MLcqVz8W
π¨ π¨ π¨ 55,000,000 #USDT (55,054,999 USD) transferred from #Bitfinex to #Kraken https://t.co/eaAV5MoxTA
π¨ π¨ π¨ π¨ π¨ 1,970 #BTC (121,345,994 USD) transferred from unknown wallet to #Kraken https://t.co/DFo0mgqkZj
Digital dollars (stablecoins) are the obvious product-market fit of crypto today Last 30 days: β’ $2.3T transaction volume β’ $147B avg circulating supply β’ 358M transactions β’ 31M monthly active users The first steps toward the tokenization of everything https://t.co/zVSgDGsCzF
Since 2018, USDC has processed over $15T in volume. Learn more about $USDC at https://t.co/sykFup2lZY https://t.co/3LY69QDv78 https://t.co/SsTupmRek8
Top 3 stablecoins based on 30d supply growth rate (%): 1. @Celo, Tether, πΌ147.1% 2. @ton_blockchain, Tether, πΌ75.7% 3. @ethereum, Aave GHO, πΌ45.5% https://t.co/wiDOLBqoXX
π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ 4,500 #BTC (276,205,405 USD) transferred from unknown wallet to unknown new wallet https://t.co/SjGVqPa8sb
You know real-world use cases of crypto are hard to find. $USDt on #TON has surpassed $500M in net circulation in less than two months ππ This is the fastest growth in the history of @Tether_to. Sending digital dollars to anyone, anywhere, as easily as sending a text messageβ¦ https://t.co/R04dLXs7Kn
π¨ π¨ π¨ π¨ 78,507,438 #USDC (78,475,014 USD) transferred from #Wintermute to unknown wallet https://t.co/3BrbT7dSPG
π¨ π¨ π¨ 65,000,000 #USDT (65,084,500 USD) transferred from #Kraken to #Bitfinex https://t.co/8ninOfl90z
π¨ π¨ π¨ π¨ 100,000,000 #USDT (99,962,900 USD) transferred from #Bybit to unknown wallet https://t.co/B20rkL8Yd9
how crazy is it that USDT is ***massive*** in China but RMB-pegged stable has no PMF, just look at Tether CNH (CNHT), no demand crypto is underrated way to prolong USD hegemony for those who believe in its importance (which, to be fair, not a lot of crypto frens)β¦
how crazy is it that USDT is ***massive*** in China but RMB-pegged stable has no PMF, just look at Tether CNH (CNHT), no demand crypto is highly underrated way to prolong USD hegemony for those who believe in importance of that (which, to be fair, not a lot of crypto frens)β¦
how crazy is it that USDT is ***masssive*** in China but that RMB-pegged stable has no PMF, just look at Tether CNH (CNHT), no demand crypto is a highly underrated way to prolong USD hegemony for those who believe in the importance of that (which, to be fair, not a lot of cryptoβ¦