Tether CEO Paolo Ardoino clarified that the company is not developing its own blockchain nor plans to launch one, contradicting a recent CoinMarketCap analysis that grouped Tether with other firms racing to build stablecoin-specific blockchains. Instead, Tether continues to operate USDT on existing networks like Tron and Ethereum, paying billions in fees but maintaining broad liquidity and regulatory flexibility. This strategy allows Tether to keep USDT widely distributed across multiple platforms, even as competitors like Circle gain ground in certain markets. The denial highlights Tether's choice to prioritize reach and adaptability over capturing blockchain transaction fees directly.
Polkadot's (DOT) price surged 10.93% to $1.27 following a major reduction in its annual token issuance by 53.6%, lowering the supply growth and capping total supply at 2.1 billion DOT. Additionally, governance approval for dotUSD, an over-collaterali...
In Q3 2026, stablecoin card spending reached $4.31 billion, with TRON processing the largest share at $998 million, or 23.2% of the total. This growth reflects TRON's role as a key liquidity and settlement layer for USDT, a popular stablecoin. While ...
Stablecoin supply on Ethereum, Arbitrum One, and Base increased by $403.1 million over a week in October 2026, with Ethereum contributing the largest share of $243 million. Ethereum now holds about 47-48% of the total on-chain stablecoin supply, maki...
On October 9, 2026, Tether blacklisted four THORChain vault addresses on the Tron network, freezing about 1.45 million USDT and stopping THORChain's Tron-based cross-chain swaps. The freeze lasted roughly three hours before Tether removed the blackli...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
