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Chinese investors pivot to stocks with potential repercussion for Tether

Chinese investors are influencing crypto markets, especially Tether, despite government bans.
Recent trends show a migration of Chinese investment from cryptocurrency to domestic stocks.

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

USDT is essential for financial stability in inflation-stricken nations.
Tether supports the U.S. dollar via significant T-bill holdings.

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

The growth of stablecoins like USDT, USDC, and DAI has stalled post-Bitcoin halving.

Chinese investors pivot to stocks with potential repercussion for Tether

Chinese investors are influencing crypto markets, especially Tether, despite government bans.
Recent trends show a migration of Chinese investment from cryptocurrency to domestic stocks.

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

USDT is essential for financial stability in inflation-stricken nations.
Tether supports the U.S. dollar via significant T-bill holdings.

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

The growth of stablecoins like USDT, USDC, and DAI has stalled post-Bitcoin halving.
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Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B

USDT's market dominance has grown significantly, reaching a 75% share of the stablecoin market.

BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan

Ethena plans to invest USDT collateral in yield-generating real-world assets, with BlackRock and others seeking allocations.

Chinese police bust illegal crypto ring worth almost $2 billion

Chinese police uncovered a $1.9 billion USDT underground banking racket in Chengdu, evading China's crypto ban.

Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users

OKX ceased support for USDT trading pairs in EU/EEA
OKX focusing on Euro liquidity in the region

What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?

A crypto hacker drained $27 million worth of tether (USDT) from a cryptocurrency wallet linked to Binance.
The stolen stablecoins were quickly converted to ether (ETH) and then to bitcoin (BTC) using the THORChain bridge.
The hacker may have inside knowledge of Binance's operations and is speculated to use a mixer to launder the funds.
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