usdt

According to official data from Bitget, the sixth batch of rewards for the platform's "Peer Program" has been fully distributed, with a total of 6,182,523 USDT awarded to 4,515,913 participants.In addition, users who enter the event page to claim their rewards will also receive an additional chance to participate in the 8th Anniversary blind box lottery. The event will last until October 26.

According to CriptoNoticias, the price of USDT in Argentina has surpassed 1600 pesos, with the price difference from the official exchange rate widening to 6.6%.This round of increase occurred after Argentine President Milei mentioned the possibility of a sell-off of the national currency (currency run) in 2027.

According to CryptoSlate, Microsoft and the cybersecurity organization Health-ISAC have obtained a court order in the United States to seize and redirect the domains supporting three services: YAM Store, CoGUI, and Iron Man. These three services sell stolen accounts and phishing tools to fraudsters. Since January of this year, they have assisted in sending over 1 billion phishing messages, targeting more than 75,000 institutions across over 150 countries, generating tens of millions of dollars in revenue for the operators.Microsoft has disabled over 20,000 accounts associated with YAM Store and continues to block more than 100,000 counterfeit and fraudulent domains. According to Microsoft's investigation, these services accept payments in USDT (Tron network) and ETH, and Cloudflare stated that buyers can also use USDC for payments. Blockchain analytics company TRM Labs assisted investigators in locating and freezing related assets, but the amount frozen has not been disclosed.

According to Coinglass data, Binance had a net inflow of 414 million USDT in the past 24 hours.

According to Coinglass data, on October 16 at 18:13, 100 million USDT was detected being transferred from an unknown wallet to Binance.

Singapore Gulf Bank (SGB) announced that personal customers can conduct two-way exchanges between USD and USDT, USDC through the mobile banking app, without the need to transfer funds to a cryptocurrency exchange.Customers can hold USDT, USDC, and other fiat currencies in the same bank account, and the service supports 24-hour exchanges from Monday to Friday. Singapore Gulf Bank was initiated by the Singapore Huangpu Group.

According to Coinglass data, Binance experienced a net outflow of 46.7223 million USDT in the past hour.

According to Coinglass data, on October 16 at 14:53, 150 million USDT was detected being transferred from an unknown wallet to Binance.

On October 16, GasFree announced that its user base has reached 500,871, with over 500,000 transactions supported. With GasFree, users can directly use USDT to pay transaction fees without needing to hold TRX as Gas; currently, this experience has been extended to USDD, and Binance Web3 Wallet also supports TRC-20 token transfers powered by GasFree.No need to prepare additional TRX, and no need to be distracted by Gas fees, GasFree is making on-chain transfers easier and smoother.

The blockchain data platform Allium released the "State of Stablecoins and Payments" third-quarter report on October 15, with data up to September 30. As of September, stablecoin payments grew by 45% to $482 billion, while the supply increased only by 0.4% during the same period; the number of transactions rose by 71% to 1.04 billion, and the average transaction amount decreased from $544 to $462. The payment amount in the third quarter increased by 51% year-on-year, reaching a monthly high of $72 billion in September.At the end of September, the stablecoin supply was $305 billion, up 0.4% from the beginning of the year. Supply growth is no longer driven by major issuers in 2025; Tether, Circle, and Ethena saw a decline in supply this year, while other issuers net increased by $6.9 billion, with the number of issuers holding over $1 billion rising from 11 to 15. Open USD reached $799 million two weeks after its launch on September 30, while brand stablecoins supported by USDC and PYUSD reached $872 million.Allium reported that the adjusted transaction volume from January to September increased by 48% to $24 trillion, with payments accounting for about one-fifth; approximately 2.5% of the $97.9 trillion in original stablecoin transfers was included in the adjusted transaction volume. In terms of payment value, Tron accounted for about two-thirds, with USDT making up 84%. The number of proxy payment transactions in the third quarter doubled to 68.3 million, with the amount decreasing to $3.7 million, while stablecoin card spending grew tenfold to $3.9 billion.

According to Coinglass data, Binance had a net inflow of 63,198,300 USDT in the past hour.

According to Coinglass data, on October 15 at 22:37, 200 million USDT was detected being transferred from an unknown wallet to Binance.

According to Coinglass data, on October 15 at 22:05, 102 million USDT was detected being transferred from Binance to an unknown wallet.

According to The Defiant, the HashKey Chain administrator transferred 142,818 USDT by temporarily replacing the contract, and about six minutes later, the original deposit code was restored. HashKey Chain is an Ethereum Layer 2 network launched by HashKey Group, primarily aimed at compliance and institutional-level application scenarios.The report shows that this temporary replacement did not change the final state of the deposit code, but a multi-signature composed of five members, requiring three signatures, still retains the immediate upgrade authority, allowing upgrades to the contract to be executed without a time lock delay.

According to official news, Gate's stock section has launched the JIOUSDT (Jio Platforms) perpetual contract for pre-market trading, using USDT for settlement, supporting 1---10 times long and short mechanisms, allowing users to flexibly choose leverage multiples when placing orders. As of now, Gate's stock section has cumulatively supported trading of 476 stock perpetual contracts.Jio Platforms, as the digital services flagship subsidiary of Reliance Industries in India, conducts business relying on India's largest mobile operator Reliance Jio, covering areas such as 5G networks, cloud computing, e-commerce, and digital media, successfully creating the largest digital ecosystem in India. Jio Platforms has not yet officially gone public, and this contract aims to provide a market-based valuation and price discovery channel prior to its listing.

Bitget has launched the FASTRETAILING stock perpetual contract. This contract is settled in USDT, supports up to 20 times leverage, and allows trading 24/7. As of now, Bitget supports a total of 356 stock perpetual contract underlying assets.

According to Coinglass data, Binance had a net inflow of 44,139,100 USDT in the past hour.

Bitget PoolX will launch a new ETH locking event, where users can lock ETH to share a 150,000 USDT airdrop. The event runs from October 15 at 15:00 to October 20 at 15:00 (UTC+8), with a personal locking limit of 1,500 ETH.This PoolX session supports a long-term holding bonus mechanism. The system will provide an additional 1x bonus on the effective locked amount based on the user's minimum holding of ETH in the past 15 days.

According to reports from Strait News, in March 2025, Zheng Mouyi, Zou Moumou, and others exploited the weak regulation and difficulty of evidence collection in offline USDT over-the-counter trading to plan a "black eat black" robbery crime under the guise of virtual currency offline trading.The gang raised over 340,000 yuan and invited virtual currency merchants for offline transactions. During the transaction, after the merchant transferred over 40,000 USDT into the virtual wallet controlled by the gang, Zheng Mouyi sprayed the victim's eyes with chili water on the spot and, along with others, violently seized all the transaction funds. After the incident, six involved individuals divided the stolen money. The day after the incident, the public security authorities quickly arrested all involved individuals, recovering most of the stolen funds and returning them to the victim.The Jin'an District Prosecutor's Office legally prosecuted Zheng Mouyi, Zou Moumou, and four others for robbery. In 2026, the court heard the case and sentenced the five defendants to fixed-term imprisonment ranging from five years and seven months to ten years and four months for the crime of robbery.

According to a report by The Block, Standard Chartered Bank has postponed its prediction for the stablecoin market to reach a scale of $2 trillion from 2028 to 2030. Geoffrey Kendrick, the bank's global head of digital asset research, stated that the $2 trillion scale estimate remains unchanged, but he believes the market will need an additional two years to reach it. Over the past 12 months, the supply of stablecoins has remained in the range of $300 billion to $320 billion, currently around $309 billion. Kendrick believes this slowdown is cyclical rather than structural, as it occurs during a period of weak activity in the cryptocurrency market.Kendrick pointed out that despite the stagnation in supply growth, the use and trading activity of stablecoins continue to rise. The on-chain original transfer amount set a monthly record of $19 trillion in May, with an average monthly scale of nearly $10 trillion this year, higher than the $4 trillion expected in 2025.The monthly average circulation velocity, which measures the number of times each dollar of stablecoin is transferred, has doubled this year to about 30 times, compared to 15 times in 2025, with USDT maintaining around 7 times, while USDC has increased from 45 times to about 80 times. Kendrick stated that the differences stem from different uses, with USDT primarily used for dollar savings in emerging markets, while USDC is more used for payments, financial transactions, and early payments between AI agents.Kendrick expects that competition in stablecoin payments and trading in developed markets will be the most intense, with potential challengers including Open USD, stablecoin infrastructure provider M^0, and the A+ network, which plans to allow banks to issue shared stablecoins and retain reserve earnings.