Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Cryptos

150,000,000 USDT minted at the crypto market

Olumide Adesina by Olumide Adesina
December 6, 2020
in Cryptos
Tether, the most promising stablecoin, now the third most valuable cryptocurrency
Share on FacebookShare on TwitterShare on Linkedin

Tether, the most valuable stablecoin by market value, has seen its coins increase by volume lately in the fast-changing crypto market.

The latest macro on the widely used stablecoin is that Tether treasury minted a whopping 150 million USDT  some hours ago, as seen on Whale Alert, an advanced blockchain tracker, and analytic firm.

READ: Tether whales move USDT 110,000,000 in 1 hour

RelatedPosts

Nigerians can now pay utility bills with crypto – Rutherford Atayobo, CEO, Manilla Finance

Iranian government makes first crypto payment for imports worth $10 million

  • At the time of writing, Tether traded at $1.00 with a 24 daily trading volume of $43.3 billion.
  • Tether is up 0.01% in the last 24 hours. It’s now ranked the fourth most valuable crypto with a market capitalization of $19.6 billion.
  • It has a circulating supply of 19,659,810,789 USDT coins and the maximum supply is not available.

READ: Ethereum yearly gains up by 279%, nears $600

What you should know about Tether

  • Tether is designed as a blockchain-based cryptocurrency, whose digital coins in circulation are backed by the same value of traditional fiat currencies like the U.S dollar, Japanese Yen, or the Euro. It trades under the ticker symbol USDT.

READ: Crypto millionaire carts away with $224 million worth of Bitcoin

News continues after this ad


  • Meanwhile, there is a development disrupting the stablecoin market at an unprecedented level, on strong reports revealing U.S lawmakers are enacting the STABLE Act bill, that will comply all stablecoin issuers to have bank licenses, that is seen as a strong compliance instruction of Tether, Circle, and other leading stablecoins.

READ: 82% of Ethereum investors are in profit

  • Crypto experts have long argued this overly burdensome bill will not only hamper innovation but ensure the only players in this new space are the deep-pocketed fintechs with the resources for compliance.

READ MORE: US imposes $15,000 visa bond on 15 African countries, others

News continues after this ad


READ: Increased collaboration between Nigeria and South Africa will strengthen African development – Buhari

Related

Tags: cryptoCryptocurrencyCryptocurrency NewsJapanese yenTetherU.S. dollar

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Delta Air flight to Lagos, Nigeria makes u-turn after plane developed fault in the air
    • Seplat and Mobil deal: It’s time to consider moving on
    • 24 Hours Power Supply: Ikeja Electric Sign Tripartite Agreement with Enaro Energy and Ayobo Community

    Follow us on social media:

    Recent News

    Delta Air flight to Lagos, Nigeria makes u-turn after plane developed fault in the air

    Delta Air flight to Lagos, Nigeria makes u-turn after plane developed fault in the air

    August 11, 2022
    Developing nations must be allowed to create a just energy transition – Roger Brown, Seplat CEO

    Seplat and Mobil deal: It’s time to consider moving on

    August 11, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com