Coinbase CEO Brian Armstrong stated that Bitcoin has evolved into a store of value, akin to digital gold, rather than becoming a widely used payment method. Despite efforts like the Lightning Network to improve Bitcoin's transaction speed, its fixed supply and price volatility have made it more attractive as a long-term investment rather than for daily transactions. Meanwhile, stablecoins, backed by fiat currencies, have become the dominant blockchain-based payment solution due to their price stability and faster transaction capabilities. Armstrong highlighted the impact of the GENIUS Act in the US, which has provided regulatory clarity and boosted stablecoin adoption, with major stablecoins like Tether's USDT and Circle's USDC leading the market.
AIsa, an AI infrastructure startup, announced it has raised over $9 million in cumulative funding after Tether and HIVEN joined a seed extension round. The company connects AI agents to external data and services while managing usage, billing, and sp...
Businesses accepting Tether USD (USDT) on the TRON blockchain face network costs that vary based on Energy and Bandwidth consumption during transactions. Energy covers contract execution and has no free allocation, while Bandwidth covers transaction ...
As of October 17, Tether (USDT) and USD Coin (USDC) together accounted for 84.7% of the $302.5 billion stablecoin market, with a combined market cap of $256.1 billion. USDT held $183.4 billion, while USDC was valued at $72.7 billion. Other stablecoin...
Saber Money has received undisclosed investments from Tether and CMCC Global’s Titan Fund to support its expansion in Asia-Pacific and Gulf regions. The funds will help Saber obtain local licenses and banking partnerships to improve international bus...
Hyundai Card successfully reduced the time for a $20,000 USDT transfer between its US and Mexican subsidiaries from three to four hours to about seven minutes using Axiym Finance's infrastructure on the Avalanche blockchain. This pilot, conducted in ...
