Glassnode analyst @_Checkɱate stated on social media platform X that Tether is a CBDC. Travis is correct in saying that if the US government can shut down Russia's reserves, it is difficult to say they do not have the ability to shut down Tether's reserves. The most likely reality is that as fiat currencies collapse, developing countries will switch to the US dollar, and USDT is objectively superior to the peso, bolivar, and lira. Emerging markets mainly provide funding for US retirement, medical, military activities, and government generosity. Ironically, this is a win-win situation for both parties.

Howard Lutnick, CEO of financial services company Cantor Fitzgerald, said on CNBC's podcast: "I am a loyal fan of stablecoins like Tether. I hold their national debt, they have a lot of national debt, and they now have more than $90 billion, so I am a loyal fan of Tether." Howard Lutnick did not specify whether the $90 billion was the amount of national debt held by the company for Tether. Market data shows that Tether's market value is currently $90.5 billion.

On-chain data shows that Tether has issued one billion USDT on TRON.

According to Lookonchain monitoring, a smart whale deposited 55 million USDT into Binance an hour ago, possibly to buy ETH. This whale is very good at trading ETH in waves and sold 25,700 ETH ($54.5 million) on November 9.

According to Whale Alert monitoring, 55 million USDT was transferred from an unknown wallet to Binance.

Tether announced yesterday that it will block the use of its stablecoin USDT in wallets that are subject to US sanctions. The new sanctions affect 161 Ethereum wallets, of which 150 do not even hold USDT, while the remaining 11 wallets hold over 3.5 million USDT tokens, with 3.4 million USDT held by a single address. Blockchain investigator ZachXBT has linked this address to the recent hacking attack on the gambling platform Stake. Among the other wallets, two addresses hold about 20,000 USDT each, another holds nearly 60,000 USDT, and the rest hold smaller amounts, with one wallet holding only 0.16 USDT.

According to The Block, Tether stated that the company has frozen individual wallets that are subject to sanctions by the US Office of Foreign Assets Control (OFAC).

A wallet with 3.5 million USDT and hundreds of transactions in the past few days has just been blacklisted. On-chain detective ZachXBT commented that the wallet looks like an over-the-counter trade or service. They recently received a bunch of USDT from Thorchain and are curious if this is related to the North Korean blacklist. They also received funds from the Stake hack, so it is indeed related to North Korea.

The cryptocurrency exchange Kraken has announced that it now supports deposits and withdrawals of Tether (USDT) on the Optimism network.

On December 7th, Tether partnered with Bitkub, the largest cryptocurrency trading platform in Thailand, and Bitkub Academy to promote stablecoin education in Thailand.

According to CoinGecko data, on December 5th, the total market value of USDT surpassed 90 billion US dollars, reaching 90,037,985,303 US dollars, setting a new historical high.

Blockchain analysis company ChainArgos posted on social media that Tether has blacklisted 28 new wallets, which may be a daily record. These wallets have sent and received billions of USDT in value throughout their lifetimes, with $161 million coming from a single exchange.

The developer of stablecoin FDUSD, First Digital, issued a tweet stating that after 6 months of launch, the circulating market value of stablecoin FDUSD has reached 1 billion US dollars.​​​​​​​

According to recent community feedback, Binance will reopen the withdrawal services for the following 12 delisted tokens from December 5th, 2023 08:00 to December 26th, 2023 07:59 (UTC+8). After December 26th, 2023 07:59 (UTC+8), Binance will no longer support withdrawal services for these delisted tokens. Users can still view their remaining token balances (if applicable) in their Binance wallets.

German data center and Bitcoin mining operator Northern Data spent $360 million to purchase GPUs to support its cloud computing services. This acquisition was made after Tether provided Northern Data with $609 million in debt financing. The purchase brought the company 384 HPE Cray XD supercomputers, equipped with approximately 8,200 NVIDIA H100 Tensor Core GPUs. The company added that its AI cloud facility is "100% carbon neutral," addressing energy-related issues that plague AI, data centers, and Bitcoin miners.

The circulation of Tether's USDT increased by 4.5 billion in November. The blockchain intelligence platform, Arkham, confirmed this in a post on X on November 28th and pointed out that USDT worth about $3 billion was minted on the Tron network. It is worth noting that the Kraken deposit address "TQef1" minted stablecoins worth $2.5 billion during this period.

The circulation of USDT increased by 4.5 billion in November. The blockchain intelligence platform Arkham recently confirmed this and pointed out that USDT worth about $3 billion was minted on the Tron network. It is worth noting that the Kraken deposit address (starting with TQef1) minted $2.5 billion in stablecoins during this period.

Paolo Ardoino has been appointed as the CEO of Tether, a position he assumed on December 1, 2021, after serving as the company's chief technology officer since 2017. Tether is expected to generate $4.5 billion in profits this year, and Ardoino has revealed that the company is prioritizing diversification and expansion. Tether will be focusing on becoming an infrastructure provider, and Ardoino believes that Keet, a communications app he is the chief strategy officer of, will be a significant driver of Bitcoin and USDT adoption. Tether is also investing in renewable energy and plans to construct hydropower facilities in Uruguay and geothermal facilities in El Salvador.

According to data released by Lookonchain, in November, USDT worth $5 billion was minted on Tron and Ethereum. On the Ethereum blockchain, the whale address "0x1dBb" received about 1.5 billion USDT from Tether Treasury and transferred it to an exchange. On Tron, 2.56 billion USDT was transferred from Tether Treasury to Kraken via the deposit address "TQef1n".

According to data released by Whale Alert, 49,999,994 USDT (valued at $50,005,744) was transferred from Bitfinex to Kraken 40 minutes ago.