Today news
About the same in other media
Two firms account for the majority of Tether received: Report
Reading now: 635
Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry's primary crutch during the last seven years, according to a new report.
Essentially, USDT is a bridge between traditional currencies like the U.S. dollar and decentralized digital currencies operating on open blockchain networks.
Independent crypto outlet Protos provided an in-depth insight into the most common stablecoin and the liquidity providers who supply it to cryptocurrency platforms.
According to the report, issued USDT is primarily acquired by just two market makers. Between 2014 and October 2021, Alameda Research and Cumberland received a projected $60.3 billion in USDT, accounting for almost 55% of all outbound volume ever. According to Protos,
Read more on cointelegraph.comAbout this in other media
Report claims each Solana TX uses less energy than 2 Google searches cointelegraph.com /2 years ago
Cryptocurrency firms mull moving offshore amid ban buzz in India business-standard.com /2 years ago
A Non-Custodial Bitcoin Interest Rate Account? Lightning Network May be the Answer cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
