In Venezuela, the demand for Tether's stablecoin USDT surged by 16% over the past month, pushing its price above 800 bolivars on P2P platforms like Binance. This rise coincides with a 131% increase in monetary liquidity by the Central Bank of Venezuela, which has led to a shortage of official foreign currency. As locals seek to protect their capital, USDT has become a preferred alternative for foreign exchange. However, regulatory pressures in the EU have recently caused some market disruptions for USDT globally, although it remains the dominant stablecoin by market cap.
Gate has added RLUSD trading pairs with BTC, ETH, XRP, and USDT, providing direct access to Ripple's dollar-backed stablecoin. Ripple highlights that the XRP/RLUSD pair enhances interoperability and capital efficiency in digital asset markets. To enc...
Binance recorded $43.79 million in net USDT outflows within a single hour, indicating more Tether left the exchange than was deposited. This metric reflects a directional shift in stablecoin balances but does not confirm market motives or trends on i...
As Venezuela's bolivar rapidly loses value with inflation over 200%, locals have turned to USDT stablecoin via Binance's peer-to-peer platform as a more stable currency. By mid-2026, about 85% of transactions in Venezuela reportedly use USDT, dubbed ...
Tether has signed a Memorandum of Understanding with Dubai Multi Commodities Centre (DMCC) to collaborate on blockchain education, tokenization, and digital asset infrastructure. The partnership aims to run pilot programs, workshops, and build blockc...
Tether has formed a strategic partnership with the Dubai Multi Commodities Centre (DMCC) to promote blockchain technology and digital asset adoption across Dubai's commercial sector. The collaboration includes pilot projects for asset tokenization, e...
