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September 4, 2025Bitcoin.com logoBitcoin.com

Economist: USDT Leveraged to Settle Crude Oil Sales in Venezuela

The Venezuelan government is using USDT to receive payments for crude shipments, according to local ￰0￱ move prevents a blockade of crude payments, allowing the Venezuelan government to supply the local foreign currency market ￰1￱ Leverages USDT to Receive Crude Sale Settlements Stablecoins, such as USDT, have become essential in countries facing both

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Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

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1 min
China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability....

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1 min
Billions on the Move: October’s Winners and Losers in the Stablecoin Market

Billions on the Move: October’s Winners and Losers in the Stablecoin Market

The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight...

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1 min