Tether submitted 7 applications for trademarks, which include the name, logo, and the golden stablecoin XAUT.…
Category: USDT
Tether will conduct a full audit of USDT for the first time with the help of an external auditor
Tether has appointed one of the major audit firms — Deloitte, EY, PwC, or KPMG —…
The high level of decentralization of USDT and its millions of users
The head of Tether spoke about the high level of decentralization of USDT and its millions of users. Paolo Ardoino, CEO of Tether, noted that the largest USDT holder controls less than 5 % of transactions — which is significantly lower than the 23 % figure seen among other issuers. Tether currently has over 550 million users, highlighting the widespread adoption of the stablecoin.
Gold continues to be a more secure reserve asset compared to Bitcoin
Ray Dalio has warned investors not to treat Bitcoin as a store of value on par with gold. The billionaire and founder of Bridgewater Associates stated on the All‑In podcast that gold remains a more reliable reserve asset for institutional investors amid rising geopolitical risks and the US debt crisis. According to Dalio, Bitcoin has serious drawbacks: a lack of privacy and control, technological risks (including the potential threat of quantum computing), and a high correlation with risky assets — all of which undermine its status as a safe‑haven investment. He pointed out that central banks are more likely to hold gold as a reserve, while the Bitcoin market remains relatively small and controlled compared to the gold market. Nevertheless, Dalio acknowledges Bitcoin’s speculative role and holds around 1 % BTC in his portfolio. However, he advises institutions to allocate 5–15 % of their assets to gold for diversification and protection against systemic risks. In his view, gold has historically proven to be a more robust means of preserving wealth under conditions of debt and geopolitical pressure. RBC‑Crypto reminds readers that cryptocurrency is a volatile asset and this information should not be taken as an investment recommendation. At the time of publication, the price of Bitcoin is around $71,000, while gold is trading at approximately $5,190 per ounce.
The outflow of USDT in a month was the largest in three years
The crypto market is experiencing rare dynamics: the capitalization of the largest stablecoin, USDT, fell by…
The Korean National Police Agency has lost 22 confiscated BTC (approximately $1.46 million)
The Korean National Police Agency has once again lost confiscated crypto assets. This time, 22 BTC…
Tether Blocks $500 million in Illegal betting case in Turkey
Tether, the company that produces the most popular stablecoin in the world, has restricted access to…