Telegram users can now send each other tether (USDT), the world's largest stablecoin by market cap, within chats in the messaging app.

The often-controversial tether (USDT) stablecoins emerged as the best bet for traders looking for a stable haven earlier this month following a series of banking troubles in the U.S.

This swap is to ensure that assets in SAFU continue to protect users in the long term as the BUSD market capitalization continues to decrease over time.

Tether’s USDT supply reached 74 billion for the first time since May 2022, according to CryptoSlate’s data.

Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.

Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows.

In a rapid turn of events, Tether’s stablecoin dominance has surged to its highest point in a year and a half, a feat crypto watchers attribute to difficulties surrounding rival stablecoins USDC and BUSD.

According to Santiment, about $1 billion USDT left exchanges and were moved into self-custody multiple times in the last ten days. This was an uncommon occurrence because the act had only happened eight times over the last 365 days before now.

The decline of centralized entities has worked out well for their decentralized counterparts. Over the weekend, USDC witnessed a significant trading volume on several decentralized exchanges.

Over the past few days, stablecoins lost the peg to $1; the main headline was USDC.

Tether doesn't have any exposure to Signature Bank.

Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a small portion of USDC's collateral was held at Silicon Valley Bank.

As of press time, the funding rate for the USDC-USDT perpetual contract trading pair on Bybit platform has risen to 0.3567%, according to Coinglass data.

As of now, this address has lent out 28,577,700 USDT and acquired 29,961,238 USDC.

New York Attorney General Sues Crypto Exchange KuCoin, Alleges Ether Is a Security; Blockchain.com to Suspend Operations of Asset Management Arm; Gateio Launching Debit Card Supporting Shiba Inu & Crypto Payments Across Europe; Binance Approves TerraClassicUSD (USTC) Against Tether USD (USDT) Trading Pair

Stablecoins Statistics: Everything you need to know from types of stablecoins, total market cap to transaction volumes, regulations and emerging models.

The dominance of Tether’s USDT is rising among stablecoins amid an on-going shake-up of the $136 billion stablecoin market.

Leading stablecoin issuer Tether has once again slammed mainstream media, The Wall Street Journal, for publishing a report that claimed the firm and its affiliates falsified documents and shell companies to open bank accounts about four years ago.

The latest report from Wall Street Journal on Sunday, March 5, shows that Binance once devised a plan to avoid any regulatory scrutiny in the United States.