Tag: $USDT
USDT (or Tether) is a stablecoin on the Ethereum blockchain. Tether is an asset-backed token pegged to the US dollar. They are backed by real fiat currency and other assets held in Tether reserve. Those assets include cash, currencies, and marketable securities. They are redeemable in accordance with Tether Limited’s terms of service.
GLOBAL, 4 JULY 2025 — MemeCore, the world’s first Layer 1 blockchain built specifically for the Meme 2.0 era, is proud to announce the official listing of its native token, $M, on multiple centralized exchanges. Trading will commence on 3 July 2025, with the $M/USDT trading pair available on Binance Alpha, Kraken, Bitget, BingX, HTX and Hashkey. To commemorate this milestone, each participating exchange will be launching exclusive trading...
U.S. Senate Passes GENIUS Act to Regulate Stablecoins
Written on .
In a landmark move for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act (S.1582) on June 17, 2025, with a decisive 68-30 vote, establishing the first comprehensive federal framework to regulate stablecoins—digital currencies like Tether (USDT) and USD Coin (USDC) designed to maintain a stable value, typically pegged to the U.S. dollar. The legislation, which cleared a procedural hurdle on June 11 with a 68-30 vote, aims to...
$USDC, $USDT, Crypto regulation, Front page, News, Stablecoins
Plasma: The Blockchain Challenging DeFi’s Stablecoin Status Quo
Written on .
Plasma is a new Layer 1 blockchain, distinct from the older Ethereum scaling solution, purpose-built for stablecoin transfers. It aims to offer zero-fee USDT transactions and lightning-fast settlement by leveraging Bitcoin’s security and an EVM-compatible environment. The project recently garnered immense attention, raising $1 billion in stablecoin deposits for its XPL token public sale, valuing the network at $500 million...
PEXX Launches Borderless USD Neo-Bank for the Global Generation
Written on .
SINGAPORE – June 3, 2025 — PEXX, the cross-border USD platform built for today’s mobile workforce, has opened its full neo-banking suite to customers in more than 50 countries. The launch delivers four connected products that let users Bank Different, Pay Different, Send Different, and Earn Different—replacing legacy bank delays, paperwork, and hidden fees with real-time settlement and transparent pricing. Since its initial launch in...
SparkDEX’s USDT0 Integration Fuels Exponential Growth Across Potent Flare DeFi Ecosystem
Written on .
Leading Flare ecosystem DeFi suite SparkDEX has witnessed extraordinary growth in the weeks following its timely integration of USDT0. Flare initially integrated USDT0 on its scalable Layer 1 EVM chain, laying the foundation for SparkDEX to incorporate the innovative stablecoin standard into its cutting-edge V3 DEX and Perpetual Exchange, SparkDEX Eternal. The results have been nothing short of remarkable, with SparkDEX experiencing explosive...