Global #USDT

Nick van Eck, CEO of the stablecoin issuer Agora, recently commented on “yield-bearing stablecoins,” stating they are “not money or stablecoins.” He clarified that stablecoin issuers offering passive income deviate from the core purpose of stablecoins.

The creators of the Mollars token presale and project have recently published a compelling report through their official X profile. Previous reports indicated that the "MOLLARS" brand is attracting search interest from crypto traders comparable to tokens like Bonk Inu (BONK) and Pepe (PEPE).

Upbit, the biggest cryptocurrency exchange in South Korea, unveiled the introduction of OAS, a token linked to its Oasys platform, aimed at bolstering both USDT and BTC markets.

Tether, the largest issuer of stablecoins globally, has generated an extra 1 billion USDT tokens on the Ethereum blockchain, sparking discussions about a possible surge in the market. This development aligns with the crypto community's keen anticipation of the U.S. Securities and Exchange Commission's (SEC) impending decision regarding a spot Ethereum exchange-traded fund (ETF), slated for later this week.

United States authorities have apprehended two individuals believed to be the masterminds behind a money laundering operation involving the funneling of over $73 million through U.S. financial institutions, ultimately converting the funds into Tether (USDT).

Kraken, a prominent cryptocurrency exchange, is considering removing Tether's USDT stablecoin from its European platform due to forthcoming regulations from the European Union.