Tether has frozen funds in 131 TRON wallets recently sanctioned by the US Treasury's OFAC due to links with ISIS-K, a terrorist group. These wallets received over $1.4 million in crypto since 2023, with some funds routed through Syrian exchanges. This action follows OFAC's updated sanctions adding these addresses to its terrorist list, highlighting ongoing efforts to curb illicit crypto use by terrorist organizations. Tether's move is part of broader industry cooperation with regulators to prevent crypto financing of terrorism and crime.
The stablecoin market cap has surpassed $310 billion, adding over $1 billion in liquidity in just 72 hours, signaling strong growth heading into Q4. Tether is reintroducing USDT on the Bitcoin network, while Circle is launching cirBTC, a wrapped BTC ...
Utexo is set to launch USDT on the Bitcoin mainnet in October, offering services including private USDT transfers, direct Bitcoin swaps, and loans backed by native Bitcoin without wrapping. The platform aims to keep transaction details private and wi...
Tether's stablecoin USDT is launching on the Bitcoin network this month through Utexo, a startup licensed to deploy it using the RGB protocol for transaction privacy. This move marks USDT's return to Bitcoin after originally debuting there in 2014 be...
Tether-backed stablecoin USDT is relaunching on the Bitcoin blockchain after 12 years through Utexo, combining Bitcoin's security with Lightning Network speed and RGB privacy. This move aims to make Bitcoin a settlement rail for dollar transactions, ...
Utexo, backed by Tether, has obtained a commercial license to issue USDT on the Bitcoin network and plans to launch this month. The platform uses RGB technology to enable private USDT transfers and direct BTC-USDT swaps without wrapping Bitcoin, targ...
