Tag: $USDT
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Tether Freezes $12.3M in USDT on Tron Over Suspicious Activity
Stablecoin issuer continues enforcement against illicit finance risk Tether, the issuer of the world’s largest stablecoin, has frozen $12.3 million in USDT on the Tron blockchain. The move is part of Tether’s ongoing efforts to combat illicit activity and enforce Anti-Money Laundering (AML) policies across its network. Tether freezes $12.3M in USDT on Tron On…
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Coinbase to Delist Tether in Europe Amid MiCA Compliance Requirements
Coinbase has announced plans to restrict European users from trading Tether (USDT) and other stablecoins starting December 13. The move is part of its effort to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework, which aims to regulate digital assets across the region. Stablecoins Affected by the Delisting Alongside Tether, Coinbase will delist…
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Tether’s $19 Billion Minting Spree Sparks Concerns
Tether, the issuer of the world’s largest stablecoin, USDT, has minted an additional $2 billion in tokens, marking a $19 billion increase in liquidity since November 6. This significant activity has ignited debate within the crypto community about transparency and the adequacy of Tether’s reserves. Minting Spree Raises Questions Blockchain analytics platforms like Lookonchain revealed…