Tag: 86B

Tether (USDT) Emerges as Prefered Stablecoin amid US Banking Crisis with Over $86B in Total Supply

The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether (USDT) stablecoin has been undisputed for several years. The Tether (USDT) stablecoin runs on more than 10 blockchains including Ethereum, Binance Smart Chain, Polygon, and Tron, among others. On the Ethereum network, Tether (USDT) has more than $36 billion in supply with about 4.3 million holders. The Tron network holds a vast amount of Tether (USDT) with about $46 billion. On the Solana blockchain, Tether (USDT)…

Chainalysis Raises $170M at $8.6B Valuation

With ever more digital asset hacks, scams and ransomware attacks grabbing global headlines, the demand for investigatory crypto tools is exploding, Chainalysis said its various tools monitor $1 trillion worth of transactions every month. It helps governments and private companies in tracking illicit crypto flows across transparent public blockchains. Source