Hermez Network, a decentralized zero-knowledge rollup (zk-rollup), will launch Tether tokens (USDt) on the protocol’s Layer 2 network, a solution designed to improve scalability on Ethereum to ensure cheaper transactions. Hermez will work with key projects ahead of its official launch to provide significantly cheaper payments and token transfers to millions of users around the world. Jordi Baylina, Technical Lead at Hermez, said: “Hermez is excited to welcome Tether tokens (U

British Virgin Islands, September 17, 2020 – Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has risen above US$15 billion in market capitalization as the most liquid and trusted stablecoin continues to enjoy rapid growth. The importance of Tether (USDt) is growing as the stablecoin performs an increasingly vital function within the digital asset ecosystem. While USDt continues to play a pivotal role in the trading of digit

Cryptocurrency exchange OKEx lists the native token of Polkadot (DOT) on its trading platform according to an announcement on July 17. Polkadot’s native DOT is now spot trading against Tether’s USDT stablecoin on the cryptocurrency and derivatives exchange. A busy week full of #NewListing! Welcoming @Polkadot, a platform for #Web3 @web3foundation, to list @OKEx. 🔘 $DOT/$USDT spot trading available now: https://t.co/zD9mGGyCn3 🔘 Listing details: https://t.co/mm0IJPMqPb pic

ROAD TOWN, British Virgin Islands, July 13, 2020, 9:00 AM UTC – Bitfinex, a state-of-the-art digital asset trading platform, has unveiled a paper trading (PT) competition, enabling users to test their trading skills against each other and win prizes of up to 5,000 Tether (USDt). Dubbed Rey del Papel, the competition will run from July 15, 2020, to July 29, 2020. The top 10 traders by trading volume and profit and loss (P&L) on TEST pairs during the competition period will be

Tether, a cryptocurrency stablecoin issuer, has banned 40 Ethereum addresses holding millions of dollars of the stablecoin USDT, as banned addresses cannot receive or send the cryptocurrency. Philippe Castonguay, the Ethereum researcher who shared his findings on Dune Analytics, said: “The 40 addresses have been banned from using USDT on Ethereum as of now.” It has been reported by Castonguay that one address was frozen in 2017, eight in 2018, seven in 2019, and 24 in 2020 so

ROAD TOWN, British Virgin Islands, June 26, 2020, 9:00 AM UTC  —  Bitfinex, a state-of-the-art digital asset trading platform, has introduced a zero fees scheme on the Tether/US Dollar (USDt/USD) pair to users who reach a trailing 30-day trading volume of more than $15 million, throughout the duration of the scheme. The zero fees benefit on the Tether/US Dollar (USDt/USD) pair, which applies for both maker and taker orders, will be awarded when a Bitfinex account reaches the

DeFi, protocol Compound has implemented its first two community-driven governance proposals the past week. The proposals comes ahead of the launch of Compound’s Governance token (COMP), used to facilitate community-driven protocol upgrades and development. The first proposal asked the community whether the Compound protocol should introduce support for Tether (USDT). This was inspired by a September 2019 poll that showed Tether and Maker (MKR) as the top two most-requested cr

Stablecoin operator, Tether launched its U.S. dollar-backed stablecoin USDT on the Algorand proof-of-stake (PoS) blockchain. On Feb. 10, a press release stated that USDT on Algorand will feature confirmation times as low as four seconds and transaction fees of a fraction of a percent. Tether is the first stable coin available on Algorand’s Next Generation Blockchain Platform.@Algorand users will have access to Tether and will benefit from fast transactions, unlocking the oppo

Binance Launchpad, the cryptocurrency exchange’s token launch platform has announced WazirX’s token sale results. It is the first token sale of this year. On Dec. 4 according to a press release from Binance, there were 10,000 winning tickets held by a total of 9,033 winners of which more than 20,000 users participated to try to win the lottery. Eventually, more than 136,000 tickets were claimed. #Binance Launchpad: @WazirXIndia Sale Results 🖐️20,651 participants 🎟️136,801

Travala, a crypto-friendly hotel booking giant, now accepts payment from a controversial cryptocurrency leader. Need a holiday? You're in luck coz #crypto-friendly #hotel booking service @travalacom now accepts payment in stablecoin #USDT. Time to fly away! =D@CollinsCustomIP @CryptoEuclid@osemuix @CryptoStewiee@_CryptoCurator @ethadvocate@HODLONDailyhttps://t.co/8etiyiBtxS — Dr. Tether 🌿💰🍀 (@BitcoinGardener) January 14, 2020 On January 10, it has been reported by Travala

Crypto exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT). On Dec. 27 Huobi Group announced in a press release that the launch of the new fiat gateway will enable Indonesian investors to utilize the Indonesian Rupiah (IDR) to trade in more than 250 cryptocurrencies on Huobi Indonesia. pic.twitter.com/1GbAsgMZp7 — Huobi Indonesia (@HuobiIndo) December 27, 2019 Senior director of Huobi

OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings. On Dec. 17 a blog post was published confirming that users can now stake their Dai via its in-house mining pool, Pool. In return, they will earn 4% interest via Dai savings rate (DSR) along with an added incentive from OKEx. OKEx Is The First Crypto Exchange To Integrate DSR OKEx is the first crypto exchange to integrate DSR, and the feature will go l

OKEx launches Bitcoin (BTC) futures contracts margined with Tether (USDT) stablecoin and now live on the trading platform. On No. 14, OKEx announced the new coin offering while listing BTC/USDT offering on its trading platform. #OKExUSDTFutures: $BTC/$USDT futures trading is officially launched! You may leverage from 0.01x to 100x when trading the USDT-Margined Futures. Trade now: https://t.co/fqsbSHqnfx Learn more: https://t.co/AHBdqOeQGY pic.twitter.com/3Qts0xjDK3 — OKEx (

OKEx is planning to launch Tether (USDT) futures trading offer while offering a linear futures contract with leverage of up to 100x. On Oct 29, a press release shared with Cointelegraph, by the world’s fifth-largest crypto exchange stated that the contract will have daily settlement and offers supported pairs with Bitcoin (BTC), EOS, Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), XRP, Ethereum Classic (ETC), Bitcoin SV (BSV) and Tron (TRX). Stablecoin-based Derivative For S