A newly created wallet received approximately 160 million USDT from Tether 16 hours ago and deposited all of them into multiple CEX
As monitored by Scopescan, a newly created wallet received 160.91 million USDT from Tether through two transactions 16 hours ago and deposited all of it into multiple CEX.
Tether issues an additional 1 billion USDT on the Ethereum network (authorized but not yet issued)
According to Whale Alert monitoring, Tether increased the issuance of 1 billion USDT on the Ethereum network.
A giant whale received 735 million USDT from TetherTreasury in the past three days and deposited it into the exchange
According to Lookonchain monitoring, a certain whale has received 735 million USDT from TetherTreasury and deposited it into the exchange in the past three days. Since October 20th, the whale has injected 2.55 billion USDT into the cryptocurrency market.
Tether issues 1 billion more USDT on Ethereum
According to Whale Alert monitoring data, Tether has issued 1 billion USDT on the Ethereum network.Paolo Ardoino, CEO of Tether, stated that this issuance of 1 billion USDT is a replenishment of inventory on the Ethereum network. This is an authorized but unissued transaction, meaning that this issuance will be used for the next issuance request and cross-chain exchange inventory.
The market value of USDT exceeded 92.5 billion US dollars, continuing to hit a record high
According to the latest data, the market value of the stablecoin USDT has surpassed $92.5 billion, reaching a new historical high of $92,606,749,494 at the time of writing, as reported by Jinse Finance.
100 million USDT transferred from Tether Treasury to unknown wallet
According to Whale Alert monitoring, at 22:15 today Beijing time, 100,000,000 USDT was transferred from Tether Treasury to an unknown wallet.
Suspected Justin Sun address transferred $50 million to Binance 1 hour ago
According to Lookonchain monitoring, a suspected address belonging to Sun Yuchen transferred 50 million US dollars to Binance again one hour ago. In the past month, this address has withdrawn 439.5 million US dollars from Tether Treasury and deposited 371 million US dollars into Binance.
In December, USDT’s market share in U.S. dollar stablecoins reached 76%, growing for four consecutive months.
According to The Block Pro data, the stablecoin on-chain transaction volume continued to rise after the December adjustment, reaching $608 billion, an increase of about 1.9%; the supply of issued stablecoins also increased by 0.57% to reach $120.8 billion, with the market share of the US dollar stablecoin USDT reaching 76%, up 1.2 percentage points from November, and has maintained four consecutive months of growth, while the market share of USDC continues to decline to 18.3%. In addition, the total on-chain transaction volume of Bitcoin and Ethereum after adjustment rose by 29.1% during the same period, reaching $328 billion, with Bitcoin's on-chain transaction volume rising by 34.4% after adjustment, and Ethereum's on-chain transaction volume rising by as much as 21.6%.
50 million USDT transferred from JustLend DAO to unknown wallet
According to Whale Alert monitoring, around 16:35 Beijing time today, 50,000,000 USDT were transferred from JustLend DAO to an unknown wallet.
ChainArgos: Tether blacklists 5 Tron on-chain wallets
On January 2nd, according to ChainArgos monitoring, Tether has once again blacklisted 5 Tron wallet addresses:
The total market value of stablecoins is US$130.379 billion, and USDT’s market share reaches 70.32%
According to DefiLlama data, the current total market value of stablecoins is $130.379 billion, with USDT having a market value of $91.68 billion and a market share of 70.32%.
Bitmex founder: Big banks will eventually cannibalize Tether’s business model
Bitmex founder Arthur Hayes discussed the ultimate demise of Tether and other stablecoin companies. Hayes explained that Tether's business model involves acquiring US dollars and investing in government bonds, and when big banks like JPMorgan are allowed to issue fiat-backed stablecoins, they will eventually eat into Tether's market share. Although Tether has positioned itself as an excellent product in the cryptocurrency market, its position is only achieved because the US refuses to provide similar products through the banking system.
Tether Treasury transfers nearly 99 million USDT to unknown wallet
According to Whale Alert, a blockchain data tracking service, on the evening of December 29th around 9:35 PM Beijing time, Tether Treasury transferred 98,901,098 USDT to an anonymous wallet starting with "TT2T17", worth approximately $99,014,112.
200 million USDT transferred from unknown wallet to Binance
According to Whale Alert monitoring, around 17:05 on December 26th Beijing time, 200,000,000 USDT was transferred from an unknown wallet to Binance.
100 million USDT transferred from Bitfinex to Tether Treasury
According to Whale Alert monitoring, at 12:31:00 Beijing time, 100 million USDT was transferred from Bitfinex to Tether Treasury.
Tether announces investment in Digital Industry Research Institute
Tether announced today that it has made an undisclosed investment in the A-round investment of the Academy of Digital Industries. The Academy of Digital Industries is a progressive education platform located in Georgia that offers a wide range of digital course training and master classes.This investment will continue and provide long-term financial assistance to establish and promote new fields of education, offering a wide range of digital and traditional courses.
50 million USDT on the TRON chain were transferred from Bybit to an unknown wallet
According to Whale Alert monitoring, 50,000,000 USDT on the Tron chain was transferred from Bybit to an unknown wallet.
ChainArgos: Tether blacklists 2 Tron on-chain wallets
According to ChainArgos monitoring, Tether has once again blacklisted two wallet addresses on the Tron network. These two addresses are TBACGhUxvjiwgFbZ9JwUXUjr95mfQFC3uT and TYM61sqCgM4m5Sm14kWKsJtnZ6MpoEndBr.
Taiwan’s “Duoduo Blind Box” defrauded nearly NT$10 million in Tether
China Taiwan's "Dodo Blind Box" is involved in virtual currency fraud of nearly 10 million new Taiwan dollars. The platform uses the virtual currency Tether, with each blind box costing at least 300 Tether and the most expensive being 2000 Tether. After people grab the blind box, the platform immediately adds 3% and then sells it on the platform. Currently, at least 8 people have been deceived, with the amount involved reaching over 9 million new Taiwan dollars.
ChainArgos: Tether blacklists 6 addresses again
According to ChainArgos monitoring, Tether has once again blacklisted six wallet addresses.
