Tether's USDT stablecoin market cap fell by about $5.4 billion from May to July 2026, dropping from nearly $190 billion to around $184 billion. This decline is part of a broader $10 billion contraction in the stablecoin market, with USDT and USDC leading the pullback. Despite the drop, Tether remains financially strong, posting a $1.04 billion profit in Q1 2026 and holding an $8.23 billion reserve buffer. Investors should monitor stablecoin flows closely, but USDT still dominates the market with a 58% share and remains historically large in circulation.
Binance transferred a total of $400.8 million in cryptocurrency to unknown wallets within a three-hour period ending at 1 p.m. ET on November 1. The largest transaction was a $190 million transfer of two million Solana (SOL) tokens. Other significant...
In a three-hour period ending at 10 a.m. ET Sunday, ten large cryptocurrency transfers totaling $1.94 billion were recorded, with the largest being a $348.4 million Tether (USDT) transfer to Binance. Exchange outflows exceeded inflows, signaling sign...
Following the $6.3 billion Binance hack, stolen funds were partly frozen by Tether and Circle, but the attacker used Aave to borrow Ethereum against frozen USDT collateral, making recovery difficult. The large 420,000 ETH holding by the attacker coul...
Tether's Q3 2026 report shows assets exceeding liabilities by $7.95 billion, up from $4.1 billion in Q2, indicating a stronger reserve buffer. This coverage ratio of 104.3% means every dollar of liability is backed by $1.043 in assets, mainly US Trea...
Following the October 29, 2026 hack on Binance that drained $6.3 billion across multiple blockchains, attackers have moved 120 million TRX to unknown addresses. The breach hit Tron hard, with attackers swapping stablecoins for TRX, which lacks a free...
