Tether's stablecoin USDT gained about 1.6 million new holders last week, significantly outpacing USDC's 591,100 new holders, showing stronger adoption despite a cooling stablecoin market. USDT's market cap is around $183 billion, about 2.5 times larger than USDC's $72-74 billion. USDT's growth is driven by demand in emerging markets seeking dollar liquidity, while USDC is favored in regulated markets and by institutional users due to its compliance focus. Tether's $4.1 billion in excess reserves and $1.5 billion Q2 profit bolster confidence amid ongoing market shifts.
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...
