US Senator Blumenthal Calls Tether's USDT a 'Superhighway' for Iranian Sanctions Evasion
The Connecticut Senator's subcommittee released its report on Monday and referred the findings to Treasury and the Justice Department.
The trading volume of Tether (USDT) is $49,590,358,988.00 in the last 24 hours, representing a 0.02% decrease from one day ago and signalling a recent decline in market activity.
Tether (USDT) reached an all-time high of $1.32 on Jul 23, 2018 and an all-time low of $0.57 on Mar 01, 2015 . It's now trading 24.25% below that peak and 74.65% above its lowest price.
Market capitalization of Tether (USDT) is $184,065,117,128 and is ranked #3 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDT tokens (184,086,263,964 tokens are tradable on the market today).
The fully diluted valuation (FDV) of Tether (USDT) is $189,533,306,961. This is a statistical representation of the maximum market cap, assuming the maximum number of 189,553,210,048 USDT tokens are in circulation today. Depending on how the emission schedule of USDT tokens are designed, it might take multiple years before FDV is realized.
With a price increase of 0.00% in the last 7 days, Tether (USDT) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
Adding Tether (USDT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
To add them, you'll need to import USDT as a token. You can copy USDT's contract address
(0xdac17f958d2ee523a2206206994597c13d831ec7) and import it manually, or add USDT to MetaMask with one click.
The circulating supply of Tether (USDT) is 184,086,263,964 USDT tokens, which represents 97.12% of the total supply of 189,553,210,048 tokens.
You can buy Tether (USDT) on various cryptocurrency exchanges. The most popular exchanges for trading USDT are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX) on the Ethereum network. Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
The Connecticut Senator's subcommittee released its report on Monday and referred the findings to Treasury and the Justice Department.
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network.
Federal prosecutors are targeting a Montana payments firm and a Caribbean bank accused of moving money without a license.
US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets.
The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable...
The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.