Tether CEO Paolo Ardoino stated on X platform that Tether does not choose which blockchain to use. Tether supports different blockchains because they are the transfer layer for USDt and other tokens.Users decide which one is most suitable for them based on factors such as support, speed, and cost. Nevertheless, Tether maintains the same functions for issuance, redemption, destruction, and freeze/unfreeze (to meet compliance requirements) on the supported blockchains.
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Tether CEO: Tether does not choose to use a certain blockchain, but supports many different blockchains
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Vivek Ramaswamy X's account was hacked, and the cooperation with USUAL was fake news
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Binance Alpha announces first batch of projects: KOMA, Cheems, APX, ai16z, and AIXBT
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South Korea's Constitutional Court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27
a spokesperson for the South Korean Constitutional Court stated that the court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27th. (Jinshi) -
FASB's fair value accounting standard for Bitcoin officially takes effect today
On December 16th, according to The Bitcoin Historian, an editor at Bitcoin Magazine, the fair value accounting standards for Bitcoin by the Financial Accounting Standards Board (FASB) officially took effect. Previously, companies could only measure their held Bitcoin assets by historical cost and could not reflect their market value growth. The new standard allows companies to use fair value measurement methods to more accurately reflect the actual value of their Bitcoin assets, which will reduce accounting barriers for companies to include Bitcoin on their balance sheets. MicroStrategy founder Michael Saylor previously stated that FASB has officially passed fair value accounting rules for Bitcoin, which will apply to fiscal years beginning after December 15, 2024. This improvement will encourage companies to adopt Bitcoin as a reserve asset. -
Musk's lawyer accused the SEC of improper investigation of Musk and his affiliated companies and demanded that the source of the instructions be made public
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The market value of the meme coin related to the murder suspect of the US insurance giant CEO has risen to 77 million US dollars
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South Korea's ruling party leader: Yoon Seok-yeol will not interfere in South Korea's national affairs before stepping down
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The leader of South Korea's ruling party said that he had completed the meeting with Yoon Seok-yeol and would continue to ask him to stop performing his presidential duties
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