<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:media="http://search.yahoo.com/mrss/" >

<channel>
	<title>USDT &#8211; Crypto Market Insights: Dive In with CryptoUpdate.io</title>
	<atom:link href="https://cryptoupdate.io/tag/usdt/feed/" rel="self" type="application/rss+xml" />
	<link>https://cryptoupdate.io</link>
	<description>Latest cryptocurrency news, market updates and analysis</description>
	<lastBuildDate>Thu, 28 Aug 2025 13:01:05 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9</generator>
	<item>
		<title>USDT Integration: 5 Powerful Benefits for Bitcoin Ecosystem Revealed</title>
		<link>https://cryptoupdate.io/2025/08/28/usdt-integration-bitcoin-ecosystem-benefits/</link>
					<comments>https://cryptoupdate.io/2025/08/28/usdt-integration-bitcoin-ecosystem-benefits/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Thu, 28 Aug 2025 13:01:05 +0000</pubDate>
				<category><![CDATA[Bitcoin News]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Integration]]></category>
		<category><![CDATA[RGB Protocol]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/08/28/usdt-integration-bitcoin-ecosystem-benefits/</guid>

					<description><![CDATA[<p>USDT integration into the Bitcoin ecosystem marks a significant milestone in the evolution of digital currencies. Tether has announced its plans to launch the USDT stablecoin on the RGB Protocol, a cutting-edge open-source smart contract system designed for Bitcoin and Lightning networks. This integration promises to enhance privacy, scalability, and the overall functionality of stablecoin [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/08/28/usdt-integration-bitcoin-ecosystem-benefits/">USDT Integration: 5 Powerful Benefits for Bitcoin Ecosystem Revealed</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> integration</strong> into the <em><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> ecosystem</em> marks a significant milestone in the evolution of digital currencies. Tether has announced its plans to launch the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> stablecoin on the RGB Protocol, a cutting-edge open-source smart contract system designed for <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> and Lightning networks. This integration promises to enhance privacy, scalability, and the overall functionality of stablecoin transactions.</p>
<p>The RGB Protocol, which became active on the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> mainnet in July, supports the tokenization of assets, including stablecoins, NFTs, and custom tokens. This protocol is equipped with tools that facilitate the creation, transfer, and management of digital assets while utilizing the Lightning Network for enhanced scalability and cost efficiency. With <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> integration, users can now manage their stablecoins alongside <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> within the same wallet, enjoying the benefits of private transactions, offline transfers, and scalable asset issuance.</p>
<h2>The Impact of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> Integration on Privacy and Scalability</h2>
<p>The integration of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> with the RGB Protocol leverages client-side validation, a technology that helps maintain user privacy and decreases blockchain congestion. This makes <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> the first major stablecoin to offer scalable and private transactions directly on the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> blockchain. According to Paolo Ardoino, CEO of Tether, &ldquo;<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> deserves a stablecoin that feels truly native, lightweight, private, and scalable. With RGB, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> gains a powerful new pathway on <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, reinforcing our belief in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> as the foundation of a freer financial future.&rdquo;</p>
<h3>Enhancing <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s Ecosystem with <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a></h3>
<p>This groundbreaking <strong><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> integration</strong> aims to merge <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s robust security features with Tether&rsquo;s stability, effectively making stablecoins a native component of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> ecosystem. The RGB Protocol is designed to extend <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s capabilities beyond its traditional role as a store of value, enabling it to support a wider range of digital assets and smart contracts.</p>
<p>As a result, this integration not only strengthens <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s infrastructure but also enhances its appeal as a versatile financial tool for users worldwide. The ability to execute private and scalable transactions on <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> could position it as a more attractive option for both individual and institutional investors looking for secure and efficient digital currency solutions.</p>
<h3>Looking Ahead: The Future of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> and <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a></h3>
<p>This integration represents a crucial step forward in the digital currency landscape. By combining the strengths of <strong><a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> integration</strong> with <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>&rsquo;s established ecosystem, users gain access to a more secure, private, and scalable financial system. As the adoption of digital currencies continues to grow, innovations like these are essential in advancing the usability and functionality of cryptocurrencies, paving the way for a more decentralized and inclusive financial future.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/08/28/usdt-integration-bitcoin-ecosystem-benefits/">USDT Integration: 5 Powerful Benefits for Bitcoin Ecosystem Revealed</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/08/28/usdt-integration-bitcoin-ecosystem-benefits/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Q2 Report Reveals TRON&#8217;s Stellar Performance: Revenue and USDT Dominance Reach Multi-Quarter Peaks</title>
		<link>https://cryptoupdate.io/2025/07/26/q2-report-reveals-trons-stellar-performance-revenue-and-usdt-dominance-reach-multi-quarter-peaks/</link>
					<comments>https://cryptoupdate.io/2025/07/26/q2-report-reveals-trons-stellar-performance-revenue-and-usdt-dominance-reach-multi-quarter-peaks/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sat, 26 Jul 2025 15:00:59 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Q2 Report]]></category>
		<category><![CDATA[Revenue]]></category>
		<category><![CDATA[TRON]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/07/26/q2-report-reveals-trons-stellar-performance-revenue-and-usdt-dominance-reach-multi-quarter-peaks/</guid>

					<description><![CDATA[<p>Tron Inc., the Nasdaq-listed company that owns the largest share of TRON (TRX) tokens, celebrated a significant milestone with a symbolic visit to Nasdaq MarketSite in Times Square on Thursday. The company&#8217;s Global Advisor and Founder, Justin Sun, rang the opening bell, marking a new era for the blockchain enterprise. Simultaneously, TRON unveiled its Q2 [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/07/26/q2-report-reveals-trons-stellar-performance-revenue-and-usdt-dominance-reach-multi-quarter-peaks/">Q2 Report Reveals TRON&#8217;s Stellar Performance: Revenue and USDT Dominance Reach Multi-Quarter Peaks</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Tron Inc.</strong>, the Nasdaq-listed company that owns the largest share of TRON (TRX) tokens, celebrated a significant milestone with a symbolic visit to Nasdaq MarketSite in Times Square on Thursday. The company&rsquo;s Global Advisor and Founder, Justin Sun, rang the opening bell, marking a new era for the blockchain enterprise.</p>
<p>Simultaneously, TRON unveiled its Q2 2025 earnings report, which showcased strong growth across several key indicators. The firm&rsquo;s market capitalization soared by 17% quarter-on-quarter (QoQ) to $26.5 billion, and revenue leaped by 20.5% QoQ to reach $915.9 million. These figures are multi-quarter highs, indicating increased institutional interest in TRON and its growing adoption amidst mixed sentiments in the broader <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market.</p>
<p>As the blockchain industry evolves, TRON&rsquo;s aggressive expansion strategy combined with its sound fundamentals seems to place the company in a favorable position among both retail and institutional investors. By achieving a double milestone &ndash; a market debut and impressive Q2 results &ndash; TRON is clearly stating its intention to be a leading force in the sector.</p>
<p>The Q2 report from TRON underscores a deflationary trend in TRX supply, coupled with robust network growth and dominance of stablecoins. The TRX&rsquo;s circulating supply dropped from 95.0 billion to 94.8 billion tokens, suggesting an annualized inflation rate of roughly -1.8%. Although this represents a slight increase from Q1&rsquo;s -1.6% inflation rate, it nonetheless indicates deflationary pressure on TRX, strengthening its value proposition amidst general market uncertainty.</p>
<p>The report also reflected healthy network growth during the quarter. The number of daily average transactions increased by 12.6% QoQ, from 7.7 million to 8.6 million. Simultaneously, daily active addresses grew by 5.9% QoQ from 2.4 million to 2.5 million. These statistics suggest increased user engagement and growing utility across the TRON ecosystem.</p>
<p>Stablecoin activity remains a key contributor to the network&rsquo;s success. TRON&rsquo;s stablecoin market cap skyrocketed by 22.2% QoQ, from $66.2 billion to a record-breaking $80.9 billion. Tether (<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>) maintains its dominance, making up 99.2% of the stablecoin supply on TRON. By the end of Q2, the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> market cap on TRON stood at $80.3 billion, a 22.2% increase from the previous quarter. Notably, TRON now accommodates 50.6% of all circulating <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>, highlighting its leading role in stablecoin activities.</p>
<p>Despite recent market volatility, TRON (TRX) has shown resilience post its strong Q2 performance, maintaining stability above critical support levels. As per the latest 8-hour chart, TRX is trading at $0.3163, a 0.48% rise on the day. TRX experienced a minor pullback after hitting a local high near $0.34 earlier this month, but has since stabilized and is currently consolidating within a narrow range.</p>
<p>TRX trading remains bullish, staying above the 50-day ($0.3084), 100-day ($0.2935), and 200-day ($0.2840) moving averages. This suggests strong medium- and long-term momentum. The recent rebound from the 50-day MA indicates that buyers are actively defending short-term support zones, bolstering the overall uptrend. A breakout above the $0.32&ndash;$0.325 zone might signal a move towards retesting the $0.34 high. A failure to stay above the 50-day MA could trigger a retest of the $0.30 psychological level. For now, the bias remains cautiously bullish.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/07/26/q2-report-reveals-trons-stellar-performance-revenue-and-usdt-dominance-reach-multi-quarter-peaks/">Q2 Report Reveals TRON&#8217;s Stellar Performance: Revenue and USDT Dominance Reach Multi-Quarter Peaks</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/07/26/q2-report-reveals-trons-stellar-performance-revenue-and-usdt-dominance-reach-multi-quarter-peaks/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Tether Closes in on USDC&#8217;s Dominance in BitPay Transactions by 2025</title>
		<link>https://cryptoupdate.io/2025/07/03/tether-closes-in-on-usdcs-dominance-in-bitpay-transactions-by-2025/</link>
					<comments>https://cryptoupdate.io/2025/07/03/tether-closes-in-on-usdcs-dominance-in-bitpay-transactions-by-2025/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Thu, 03 Jul 2025 10:00:51 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[BitPay]]></category>
		<category><![CDATA[stablecoin]]></category>
		<category><![CDATA[Tether]]></category>
		<category><![CDATA[transactions]]></category>
		<category><![CDATA[USDC]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/07/03/tether-closes-in-on-usdcs-dominance-in-bitpay-transactions-by-2025/</guid>

					<description><![CDATA[<p>According to recent data, Tether&#8217;s (USDT) stablecoin is catching up with USDC, the second-largest stablecoin, in terms of transactions on the prominent payment platform, BitPay, in 2025. In 2024, Circle&#8217;s USDC dominated the stablecoin transactions on BitPay, holding an 85% transaction share in contrast to Tether&#8217;s USDT at 13%. However, by May 2025, the tables [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/07/03/tether-closes-in-on-usdcs-dominance-in-bitpay-transactions-by-2025/">Tether Closes in on USDC&#8217;s Dominance in BitPay Transactions by 2025</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>According to recent data, Tether&rsquo;s (<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>) stablecoin is catching up with USDC, the second-largest stablecoin, in terms of transactions on the prominent payment platform, BitPay, in 2025.</em></p>
<p>In 2024, Circle&rsquo;s USDC dominated the stablecoin transactions on BitPay, holding an 85% transaction share in contrast to Tether&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> at 13%. However, by May 2025, the tables have turned in favor of Tether, with USDC&rsquo;s share plunging to 56%, while <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>&rsquo;s share escalated to 43%.</p>
<p>The shift in transaction dynamics occurred despite the positive anticipation around Circle&rsquo;s public launch in June and the regulatory upper hand that USDC has over <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> in the European Union under the Markets in Crypto-Assets Regulation (MiCA).</p>
<p><strong>Tether&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> has not only narrowed the gap with its main competitor in terms of transaction count but also led in payment volume on BitPay.</strong></p>
<p>BitPay reported a surge in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> transactions since March 2025, with it capturing over 70% of the stablecoin volume processed by the platform. The shift can be attributed to the growth in overall stablecoin transactions and a preference for <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> over USDC among existing merchants and customers.</p>
<p>Despite the surge in <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> transactions, Circle&rsquo;s USDC remains the most popular stablecoin on BitPay by transaction count, though it has experienced a significant drop in 2025.</p>
<p>The rising dominance of Tether in transaction count and payment volumes on BitPay, compared to USDC, provides an interesting perspective considering the different approaches to regulation by Tether and Circle.</p>
<p>While Circle received regulatory approval under Europe&rsquo;s MiCA in July 2024, Tether has refused to comply with some aspects of the MiCA regulation in Europe. Tether&rsquo;s CEO, Paolo Ardoino, confirmed that they have no plans to run an IPO, unlike Circle.</p>
<p>Despite losing ground to <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> on BitPay in 2025, USDC has continued to see impressive growth in its market capitalization in the past year, with an 88% surge from around $33 billion to $61.7 billion. In contrast, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> increased its market value by 40% during the same period, from $112.5 billion to $158.3 billion.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/07/03/tether-closes-in-on-usdcs-dominance-in-bitpay-transactions-by-2025/">Tether Closes in on USDC&#8217;s Dominance in BitPay Transactions by 2025</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/07/03/tether-closes-in-on-usdcs-dominance-in-bitpay-transactions-by-2025/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Tether&#8217;s CEO Dismisses IPO Rumours, Calls $515 Billion Valuation &#8216;Somewhat Conservative&#8217;</title>
		<link>https://cryptoupdate.io/2025/06/08/tethers-ceo-dismisses-ipo-rumours-calls-515-billion-valuation-somewhat-conservative/</link>
					<comments>https://cryptoupdate.io/2025/06/08/tethers-ceo-dismisses-ipo-rumours-calls-515-billion-valuation-somewhat-conservative/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sun, 08 Jun 2025 08:00:44 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Exchanges]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Circle]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[NYSE]]></category>
		<category><![CDATA[Tether]]></category>
		<category><![CDATA[USDT]]></category>
		<category><![CDATA[Valuation]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/06/08/tethers-ceo-dismisses-ipo-rumours-calls-515-billion-valuation-somewhat-conservative/</guid>

					<description><![CDATA[<p>In a recent announcement, Paolo Ardoino, the CEO of Tether, the company behind the stablecoin USDT, stated that there are no plans for an Initial Public Offering (IPO). This news comes just as Circle, Tether&#8217;s rival, made its appearance on the New York Stock Exchange (NYSE). Ardoino made it clear on June 7th that Tether [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/06/08/tethers-ceo-dismisses-ipo-rumours-calls-515-billion-valuation-somewhat-conservative/">Tether&#8217;s CEO Dismisses IPO Rumours, Calls $515 Billion Valuation &#8216;Somewhat Conservative&#8217;</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In a recent announcement, Paolo Ardoino, the CEO of Tether, the company behind the stablecoin <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>, stated that there are no plans for an Initial Public Offering (IPO). This news comes just as Circle, Tether&rsquo;s rival, made its appearance on the New York Stock Exchange (NYSE).</p>
<p>Ardoino made it clear on June 7th that Tether has &ldquo;no need to go public.&rdquo; He also addressed speculation around the company&rsquo;s valuation, which was raised by Jon Ma, CEO of Artmesis. Ma suggested that if Tether were to go public, it would rank as the 19th largest company globally with a valuation of $515 billion, surpassing multinational heavyweights such as Costco and Coca-Cola.</p>
<p>Although Ardoino acknowledged that $515 billion is a &ldquo;beautiful number,&rdquo; he believes it might actually be an underestimate. He said, &ldquo;Maybe a bit bearish considering our current (and increasing) <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> + gold treasury, yet I&rsquo;m very humbled.&rdquo;</p>
<p>Well-known <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> supporters Anthony Pompliano and Jack Mallers have both proposed that Tether could potentially reach a $1 trillion valuation one day. Ardoino expressed that he is &ldquo;truly excited for the next phase of growth of our company.&rdquo;</p>
<p>Currently, Tether&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> is the third-largest <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> by market capitalization, valued at $154.83 billion as per CoinMarketCap. Meanwhile, Circle, the company behind the stablecoin USDC, made a remarkable entry into the public market on June 5, with its shares soaring 167% on its first trading session on the NYSE.</p>
<p>On another note, it was announced on April 24 that Tether would become the majority owner of Twenty One Capital, a new <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a> treasury company founded by Strike&rsquo;s Jack Mallers. Despite its recent launch, Twenty One has already risen to the rank of the world&rsquo;s third-largest corporate holder of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, trailing only Strategy (formerly MicroStrategy) and <a class="lar-automated-link" href="https://www.goldshell.com/product/goldshell-al-box-%e2%85%b1/?campaign=cryptoupdate&amp;gsaf=fehumarketing" rel="nofollow noopener" target="_blank" 8475>mining</a> firm MARA Holdings.</p>
<p>As reported by Cointelegraph on June 3, Tether transferred a combined 37,229.69 <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, equivalent to about $3.9 billion, to addresses linked to the new Bitcoin-native financial platform.</p>


<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/06/08/tethers-ceo-dismisses-ipo-rumours-calls-515-billion-valuation-somewhat-conservative/">Tether&#8217;s CEO Dismisses IPO Rumours, Calls $515 Billion Valuation &#8216;Somewhat Conservative&#8217;</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/06/08/tethers-ceo-dismisses-ipo-rumours-calls-515-billion-valuation-somewhat-conservative/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Arca CIO, Jeff Dorman, Expresses Disappointment Over Circle’s IPO Allocation Size</title>
		<link>https://cryptoupdate.io/2025/06/05/arca-cio-jeff-dorman-expresses-disappointment-over-circles-ipo-allocation-size/</link>
					<comments>https://cryptoupdate.io/2025/06/05/arca-cio-jeff-dorman-expresses-disappointment-over-circles-ipo-allocation-size/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Thu, 05 Jun 2025 21:00:45 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[Exchanges]]></category>
		<category><![CDATA[Arca]]></category>
		<category><![CDATA[Circle]]></category>
		<category><![CDATA[Coinbase]]></category>
		<category><![CDATA[CRCL]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[Jeff Dorman]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/06/05/arca-cio-jeff-dorman-expresses-disappointment-over-circles-ipo-allocation-size/</guid>

					<description><![CDATA[<p>Jeff Dorman, Chief Investment Officer at Arca, has voiced dissatisfaction over the low allocation of CRCL shares his firm received from the highly subscribed initial public offering (IPO) of Circle. The New York Stock Exchange listed Circle Internet Group recently, marking one of the most successful public debuts of the year. Circle and its executives, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/06/05/arca-cio-jeff-dorman-expresses-disappointment-over-circles-ipo-allocation-size/">Arca CIO, Jeff Dorman, Expresses Disappointment Over Circle’s IPO Allocation Size</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Jeff Dorman, Chief Investment Officer at Arca,</strong> has voiced dissatisfaction over the low allocation of CRCL shares his firm received from the highly subscribed initial public offering (IPO) of Circle. The New York Stock Exchange listed Circle Internet Group recently, marking one of the most successful public debuts of the year. Circle and its executives, including CEO Jeremy Allaire, sold 34 million IPO shares at $31 each, raising over $1 billion.</p>
<p>The shares, denoted as CRCL, opened at $69 and are currently trading over $85, a rise of over 175%. They even touched a high of $90 on the debut day. Arca had placed an order for $10 million in CRCL shares on the very first day of Circle&rsquo;s roadshow. However, they received only a $135,000 allocation, which is 1.35% of the intended investment.</p>
<p>In a public letter, Dorman criticised Circle&rsquo;s decision to give larger allocations to traditional finance mutual funds and hedge funds, who, according to him, probably didn&rsquo;t go through the prospectus and have no wallets or product use. Circle&rsquo;s round was oversubscribed and upsized at least twice. As is typical in such situations, investors sometimes do not get their promised allocations.</p>
<p>Dorman stated in his letter that Arca has been a long-term customer and occasional partner of Circle. He expressed disappointment over Circle&rsquo;s decision and announced that Arca would close its Circle accounts and switch to competing stablecoins like <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>.</p>
<p>Circle is the second crypto-only firm to go public in the U.S., following Coinbase, which went public through a direct listing in 2021. Circle had planned a SPAC merger to go public, but it was cancelled due to the 2022 market downturn.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/06/05/arca-cio-jeff-dorman-expresses-disappointment-over-circles-ipo-allocation-size/">Arca CIO, Jeff Dorman, Expresses Disappointment Over Circle’s IPO Allocation Size</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/06/05/arca-cio-jeff-dorman-expresses-disappointment-over-circles-ipo-allocation-size/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>TRON&#8217;s Block Production Soars to 99.7% Amid $1B USDT Mint, Boosting Network Activity</title>
		<link>https://cryptoupdate.io/2025/05/07/trons-block-production-soars-to-99-7-amid-1b-usdt-mint-boosting-network-activity/</link>
					<comments>https://cryptoupdate.io/2025/05/07/trons-block-production-soars-to-99-7-amid-1b-usdt-mint-boosting-network-activity/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Wed, 07 May 2025 10:01:03 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[CryptoQuant]]></category>
		<category><![CDATA[DPoS]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[Network Activity]]></category>
		<category><![CDATA[SRs]]></category>
		<category><![CDATA[TRON]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/05/07/trons-block-production-soars-to-99-7-amid-1b-usdt-mint-boosting-network-activity/</guid>

					<description><![CDATA[<p>TRON&#8217;s native currency, TRX, mirrors the wider market&#8217;s recent stagnation, exhibiting minimal fluctuations in recent weeks. Over the past seven days, the token experienced a slight 0.2% drop and is presently valued at roughly $0.2451, indicating a 1.8% dip in the past 24 hours. Despite the rather uneventful price action, the fundamentals of TRON&#8217;s network [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/07/trons-block-production-soars-to-99-7-amid-1b-usdt-mint-boosting-network-activity/">TRON&#8217;s Block Production Soars to 99.7% Amid $1B USDT Mint, Boosting Network Activity</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>TRON&rsquo;s native currency, TRX, mirrors the wider market&rsquo;s recent stagnation, exhibiting minimal fluctuations in recent weeks. Over the past seven days, the token experienced a slight 0.2% drop and is presently valued at roughly $0.2451, indicating a 1.8% dip in the past 24 hours.</p>
<p>Despite the rather uneventful price action, the fundamentals of TRON&rsquo;s network indicate a solid foundation and continual operational efficiency.</p>
<p>Recent findings from CryptoQuant&rsquo;s research team reveal that TRON&rsquo;s blockchain framework has steadily generated 99.7% of its expected daily output of 28,800 blocks, showcasing remarkable consistency.</p>
<p>This trend sharply contrasts with the period from 2020 to 2021 when block production was more volatile. The researchers attribute this progress to the efficiency of TRON&rsquo;s Super Representative (SR) system and the maturation of its delegated proof-of-stake (DPoS) consensus mechanism.</p>
<p>Moreover, the number of SRs has remained relatively stable, with 30 different SRs contributing in 2025 to date. Of these, 24 SRs accounted for just over 3.7% of total block production.</p>
<p>Meanwhile, TRON recently experienced a significant liquidity event. Tether Treasury minted $1 billion worth of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> on the TRON network on May 5, 2025, extending the trend of large-scale stablecoin issuance on the platform.</p>
<p>CryptoQuant analyst Amr Taha underlined that these mints are not speculative but are supported by verified fiat deposits, typically from large investment funds or over-the-counter (OTC) trading desks. This influx indicates substantial institutional interest, with funds likely allocated for <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> market activities.</p>
<p>Taha further stated that TRON&rsquo;s appeal stems from its cost-effective and speedy transaction capabilities, making it a perfect network for efficiently executing large <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> transfers, especially in scenarios like cross-border remittances, high-frequency trading, and arbitrage.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/05/07/trons-block-production-soars-to-99-7-amid-1b-usdt-mint-boosting-network-activity/">TRON&#8217;s Block Production Soars to 99.7% Amid $1B USDT Mint, Boosting Network Activity</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/05/07/trons-block-production-soars-to-99-7-amid-1b-usdt-mint-boosting-network-activity/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Announcement: MEXC Lists GUNZ (GUN) and Offers a 180,000 USDT User Reward Pool</title>
		<link>https://cryptoupdate.io/2025/04/01/announcement-mexc-lists-gunz-gun-and-offers-a-180000-usdt-user-reward-pool/</link>
					<comments>https://cryptoupdate.io/2025/04/01/announcement-mexc-lists-gunz-gun-and-offers-a-180000-usdt-user-reward-pool/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Tue, 01 Apr 2025 08:00:44 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Exchanges]]></category>
		<category><![CDATA[New Altcoins]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[exchange]]></category>
		<category><![CDATA[GUNZ]]></category>
		<category><![CDATA[Listing]]></category>
		<category><![CDATA[MEXC]]></category>
		<category><![CDATA[Prize-Pool]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/04/01/announcement-mexc-lists-gunz-gun-and-offers-a-180000-usdt-user-reward-pool/</guid>

					<description><![CDATA[<p>MEXC, a renowned cryptocurrency exchange, has officially confirmed the listing of GUNZ (GUN). In addition to this exciting news, the exchange has also launched a reward pool valued at 180,000 USDT for its users. This move is expected to attract more users to the platform and encourage active participation in GUNZ trading. MEXC continues to [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/04/01/announcement-mexc-lists-gunz-gun-and-offers-a-180000-usdt-user-reward-pool/">Announcement: MEXC Lists GUNZ (GUN) and Offers a 180,000 USDT User Reward Pool</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>MEXC</strong>, a renowned <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> exchange, has officially confirmed the listing of GUNZ (GUN). In addition to this exciting news, the exchange has also launched a reward pool valued at 180,000 <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> for its users. This move is expected to attract more users to the platform and encourage active participation in GUNZ trading.</p>
<p>MEXC continues to show its commitment to the growth of its platform and the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> community as a whole by constantly introducing new opportunities for its users. This development serves as an excellent example of the exchange&rsquo;s innovative strategies in the ever-evolving world of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a>.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/04/01/announcement-mexc-lists-gunz-gun-and-offers-a-180000-usdt-user-reward-pool/">Announcement: MEXC Lists GUNZ (GUN) and Offers a 180,000 USDT User Reward Pool</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/04/01/announcement-mexc-lists-gunz-gun-and-offers-a-180000-usdt-user-reward-pool/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>AB Cryptocurrency Set for Major Weex Exchange Listing on 2nd April 2025</title>
		<link>https://cryptoupdate.io/2025/03/30/ab-cryptocurrency-set-for-major-weex-exchange-listing-on-2nd-april-2025/</link>
					<comments>https://cryptoupdate.io/2025/03/30/ab-cryptocurrency-set-for-major-weex-exchange-listing-on-2nd-april-2025/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sun, 30 Mar 2025 20:00:38 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Exchanges]]></category>
		<category><![CDATA[Market Stability]]></category>
		<category><![CDATA[AB]]></category>
		<category><![CDATA[airdrop]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[Listing]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[Newton]]></category>
		<category><![CDATA[USDT]]></category>
		<category><![CDATA[Weex]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/30/ab-cryptocurrency-set-for-major-weex-exchange-listing-on-2nd-april-2025/</guid>

					<description><![CDATA[<p>The planned listing of AB (formerly known as Newton) on Weex, where it will be traded against USDT, marks a pivotal moment for the digital asset. This development expands its reach to a broader spectrum of traders and investors, thereby potentially boosting its liquidity. Listings often trigger price fluctuations as new players join the market. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/30/ab-cryptocurrency-set-for-major-weex-exchange-listing-on-2nd-april-2025/">AB Cryptocurrency Set for Major Weex Exchange Listing on 2nd April 2025</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The planned listing of AB (formerly known as Newton) on Weex, where it will be traded against <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>, marks a pivotal moment for the digital asset. This development expands its reach to a broader spectrum of traders and investors, thereby potentially boosting its liquidity. Listings often trigger price fluctuations as new players join the market.</p>
<p>In addition to the listing, the announcement of an airdrop promising up to 10,000 <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> in $AB tokens adds further incentives for trader participation, which could lead to increased volatility. That said, like with all new listings, the ultimate effects will hinge on the level of trader interest and prevailing market conditions in the forthcoming weeks.</p>
<p>Source: CoinMarketCal</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/30/ab-cryptocurrency-set-for-major-weex-exchange-listing-on-2nd-april-2025/">AB Cryptocurrency Set for Major Weex Exchange Listing on 2nd April 2025</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/03/30/ab-cryptocurrency-set-for-major-weex-exchange-listing-on-2nd-april-2025/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>&#8220;Tether in Talks with Major Auditing Firms for First Comprehensive Financial Assessment: Update&#8221;</title>
		<link>https://cryptoupdate.io/2025/03/22/tether-in-talks-with-major-auditing-firms-for-first-comprehensive-financial-assessment-update/</link>
					<comments>https://cryptoupdate.io/2025/03/22/tether-in-talks-with-major-auditing-firms-for-first-comprehensive-financial-assessment-update/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Sat, 22 Mar 2025 07:01:02 +0000</pubDate>
				<category><![CDATA[Altcoins]]></category>
		<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Regulations]]></category>
		<category><![CDATA[Audit]]></category>
		<category><![CDATA[Big Four]]></category>
		<category><![CDATA[crypto regulation]]></category>
		<category><![CDATA[Tether]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/22/tether-in-talks-with-major-auditing-firms-for-first-comprehensive-financial-assessment-update/</guid>

					<description><![CDATA[<p>Tether, the issuer of the USDT stablecoin, is presently in discussion with a leading Big Four accounting firm to conduct a comprehensive audit of its asset reserves. The aim of the audit is to authenticate that every USDT token is backed by the equivalent value in reserves on a 1:1 ratio, as claimed by the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/22/tether-in-talks-with-major-auditing-firms-for-first-comprehensive-financial-assessment-update/">&#8220;Tether in Talks with Major Auditing Firms for First Comprehensive Financial Assessment: Update&#8221;</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>Tether</em>, the issuer of the <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> stablecoin, is presently in discussion with a leading Big Four accounting firm to conduct a comprehensive audit of its asset reserves. The aim of the audit is to authenticate that every <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> token is backed by the equivalent value in reserves on a 1:1 ratio, as claimed by the company.</p>
<p>CEO of Tether, Paolo Ardoino reportedly stated that the auditing process will be smoother in the pro-<a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> environment fostered by US President Donald Trump. This follows increasing apprehension within the industry that Tether might face a liquidity crisis similar to FTX, due to the absence of third-party audits.</p>
<p>Ardoino expressed optimism about the upcoming audit, expressing to Reuters on March 21, &ldquo;If the President of the United States says this is top priority for the US, Big Four auditing firms will have to listen, so we are very happy with that.&rdquo;</p>
<p>Despite not specifying which of the Big Four firms &ndash; PwC, EY, Deloitte, or KPMG &ndash; Tether plans to engage, Ardoino emphasized that the audit was of paramount importance to the company. Tether, which currently releases quarterly reports but not a comprehensive annual audit, is making strides towards offering greater assurance to investors and regulators.</p>
<p>The company recently appointed Simon McWilliams as its Chief Financial Officer, a move seen as a preparatory step towards the impending financial audit. Tether&rsquo;s <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> stablecoin maintains stability by claiming it&rsquo;s pegged to the US dollar at a 1:1 ratio, backed by reserves that include traditional currency, cash equivalents, and other assets.</p>
<p>However, Tether&rsquo;s lack of transparency has been a cause for concern in the industry. In 2024, founder of Cyber Capital, Justin Bons, referred to Tether as one of the significant threats to <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> due to the unverified claims of holding $118B in collateral. Similarly, a report by Consumers&rsquo; Research criticized Tether for its opaqueness.</p>
<p>In 2021, Tether was fined a $41 million civil monetary penalty by the United States Commodities and <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Futures</a> Trading Commission (CFTC) for misrepresenting that <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> was fully backed by reserves.</p>
<p>Recently, Tether expressed dissatisfaction over new European regulations that compelled exchanges like <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a>.com to delist <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a> and nine other tokens to comply with MiCA. A spokesperson for Tether voiced concerns over the &ldquo;rushed actions&rdquo; and their unclear basis.</p>
<p>At the time of writing, Tether has yet to respond to Cointelegraph&rsquo;s request for a comment.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/22/tether-in-talks-with-major-auditing-firms-for-first-comprehensive-financial-assessment-update/">&#8220;Tether in Talks with Major Auditing Firms for First Comprehensive Financial Assessment: Update&#8221;</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/03/22/tether-in-talks-with-major-auditing-firms-for-first-comprehensive-financial-assessment-update/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Bitget Wallet and Cryptorefills Alliance: Crypto Payments for Travel Services in Over 180 Nations</title>
		<link>https://cryptoupdate.io/2025/03/19/bitget-wallet-and-cryptorefills-alliance-crypto-payments-for-travel-services-in-over-180-nations/</link>
					<comments>https://cryptoupdate.io/2025/03/19/bitget-wallet-and-cryptorefills-alliance-crypto-payments-for-travel-services-in-over-180-nations/#respond</comments>
		
		<dc:creator><![CDATA[Archire Tectre]]></dc:creator>
		<pubDate>Wed, 19 Mar 2025 04:01:05 +0000</pubDate>
				<category><![CDATA[Cryptocurrency News]]></category>
		<category><![CDATA[Cryptocurrency Trading]]></category>
		<category><![CDATA[DeFi]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[Bitget Wallet]]></category>
		<category><![CDATA[blockchain]]></category>
		<category><![CDATA[Crypto Payments]]></category>
		<category><![CDATA[Cryptorefills]]></category>
		<category><![CDATA[Ethereum]]></category>
		<category><![CDATA[Travel]]></category>
		<category><![CDATA[USDC]]></category>
		<category><![CDATA[USDT]]></category>
		<guid isPermaLink="false">https://cryptoupdate.io/2025/03/19/bitget-wallet-and-cryptorefills-alliance-crypto-payments-for-travel-services-in-over-180-nations/</guid>

					<description><![CDATA[<p>SAN SALVADOR, El Salvador, March 18, 2025 (GLOBE NEWSWIRE) &#8212; Bitget Wallet, a prominent non-custodial wallet in the Web3 space, has forged a partnership with Cryptorefills to facilitate crypto payments for travel. This collaboration allows users to book flights, hotels, and other services using cryptocurrencies like Bitcoin, Ethereum, USDT, USDC, and more, bypassing the need [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/19/bitget-wallet-and-cryptorefills-alliance-crypto-payments-for-travel-services-in-over-180-nations/">Bitget Wallet and Cryptorefills Alliance: Crypto Payments for Travel Services in Over 180 Nations</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>SAN SALVADOR, El Salvador, March 18, 2025 (GLOBE NEWSWIRE) &mdash; </strong>Bitget Wallet, a prominent non-custodial wallet in the Web3 space, has forged a partnership with Cryptorefills to facilitate <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> payments for travel. This collaboration allows users to book flights, hotels, and other services using cryptocurrencies like <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Bitcoin</a>, Ethereum, <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>USDT</a>, USDC, and more, bypassing the need for fiat conversions and making digital assets a more practical option for everyday expenses.</p>
<p>Cryptorefills is now integrated as a DApp within the &ldquo;Spend with <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>Crypto</a>&rdquo; section of Bitget Wallet, enabling users to pay for travel and other essential services directly from their wallets. Apart from flights and hotels, users can buy gift cards, recharge mobile credit, and avail gaming services from leading brands. This integration simplifies <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> transactions across worldwide merchants, adding real-world utility to digital assets.</p>
<p>Cryptorefills, a global <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> payment platform functioning in over 180 countries, supports more than 5,000 brands across sectors like travel, telecom, and retail. &ldquo;Our goal is to make <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a> a smooth payment method for everyday use,&rdquo; stated Massimiliano Silenzi, CEO of Cryptorefills. &ldquo;Our partnership with Bitget Wallet extends our services, enabling millions of users to pay for travel and other services directly with their <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> assets.&rdquo;</p>
<p>&ldquo;Travel aligns naturally with <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a>, providing a borderless payment experience,&rdquo; commented Alvin Kan, COO of Bitget Wallet. &ldquo;This alliance with Cryptorefills fast-tracks our vision for PayFi, making digital assets more accessible and practical in real life. We will continue to broaden our ecosystem to propel the next stage of crypto-powered financial innovation.&rdquo;</p>
<p>This collaboration is a part of Bitget Wallet&rsquo;s PayFi strategy to unify <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> earning, sending, and spending into a consolidated onchain financial system. PayFi aims to make <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> payments seamless and widely accepted by creating a network of merchants and payment partners across various industries. Along with in-app shopping and upcoming QR code and POS integrations, Bitget Wallet is progressing the role of <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> payments in mainstream commerce.</p>
<p>To mark the partnership, Bitget Wallet and Cryptorefills will run a cashback campaign from March 17 to 23, 2025. Users who book flights, hotels or buy gift cards with <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> via Bitget Wallet on Cryptorefills will earn 5% cashback, capped at $5 per user and limited to the first 1,000 redemptions.</p>
<p>About Bitget Wallet: Bitget Wallet, the hub of Web3, combines endless possibilities in a single non-custodial wallet. With over 60 million users, it provides extensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser, an NFT marketplace, and <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>crypto</a> payment. Supporting over 100 blockchains, 20,000+ DApps, and 500,000+ tokens, Bitget Wallet facilitates seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, with a $300+ million protection fund to ensure the safety of users&rsquo; assets.</p>
<p>About Cryptorefills: Cryptorefills empowers people in over 180 countries to meet their everyday needs by buying products and services with <a class="lar-automated-link" href="https://accounts.binance.com/register?ref=42224911" rel="nofollow noopener" target="_blank" 4536>cryptocurrency</a>. Cryptorefills offers a seamless blockchain-purchase experience and is leading the innovation in decentralized payments. Headquartered in Amsterdam, Cryptorefills is a rapidly growing fintech and a proud member of the Holland Fintech Association and Blockchain Netherlands Foundation.</p>

<p>The post <a rel="nofollow" href="https://cryptoupdate.io/2025/03/19/bitget-wallet-and-cryptorefills-alliance-crypto-payments-for-travel-services-in-over-180-nations/">Bitget Wallet and Cryptorefills Alliance: Crypto Payments for Travel Services in Over 180 Nations</a> appeared first on <a rel="nofollow" href="https://cryptoupdate.io">Crypto Market Insights: Dive In with CryptoUpdate.io</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cryptoupdate.io/2025/03/19/bitget-wallet-and-cryptorefills-alliance-crypto-payments-for-travel-services-in-over-180-nations/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
