Tether · 4258

Binance transfers 500 million USDT to Tether Treasury

According to TradingBeats (formerly Hyperinsight) monitoring, Binance transferred 500 million USDT to Tether Treasury 6 minutes ago. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1d agoburnking

Tether Uruguay Bitcoin mining farm terminated due to power supply differences, project costing around $1.2 billion

In comparison, according to Reuters, Tether stopped Bitcoin mining operations in Uruguay in 2025. According to documents and sources familiar with the matter, the project later came to an end due to a disagreement between Tether and the Uruguayan National Electricity Company UTE on the electricity supply terms. Tether believes that the contract agreement is the minimum amount of electricity that can be increased, while UTE sees this as the maximum quota that cannot be exceeded.

1d ago

Analysis: Behind PUMP's monthly doubling, positive ecological feedback is the main driver

Comparing news, PUMP has continued to rebound since hitting a low of $0.001 at the end of June. It has risen about 19% in the past 24 hours and is close to $0.004, up 36% on the 7th, 98% on the 30th, and about 116% on the 90th. The crypto market has picked up in the past two days. Bitcoin once surpassed 79,000 US dollars. Some meme coins, such as PEOPLE, NEIRO, and BOME, are on the Binance rise list, which is in line with the common rhythm of market recovery and memes taking the lead. However, PUMP's rise was significantly earlier than the current market round, starting about two months earlier. PUMP's strong rise this time is driven by its fundamentals: Pump.fun is forming a positive feedback cycle of revenue, buyback, and traffic. On-chain data shows that in the past 30 days, the platform's processing fee was about US$38.15 million and revenue was about US$29.19 million, second only to Tether, Circle, and Canton, surpassing agreements such as Hyperliquid, Polymarket, GMGN, and Tron. The window that appeared in Gold Fork coincided with the re-acceleration of revenue, the continuous repurchase and destruction of PUMP, and the return of users trading on the platform. Pump.fun uses 50% of revenue to buy back and destroy PUMP. The recent weekly fee revenue surpassed $10 million (one of the best levels since the end of January), corresponding to potential buyback pressure of around $5 million. The platform recently launched Callout Rewards and reduced Solana transaction fees to 0% and cross-chain fees to 0.1%, using revenue advantages to subsidize traffic and compete with users of imported products such as GMGN and Fomo. If active weekly and daily active trading users continue to reach new highs, PUMP's market narrative may shift from a simple meme platform coin to a trading portal with high cash flow. Overall, this round of growth was driven by technical signals and positive feedback from fundamentals, with revenue scale and repurchase mechanisms being the core supporting factors.

1d ago

Tether Gold (xAUt) officially launched on Unitas Labs

According to Twitter, Tether Gold announced through official channels at 18:00 Beijing time on August 19, that xAUt has now officially launched Unitas Labs, and the two parties have completed the integration. This launch marks the first time that on-chain gold has acquired native habitability. Users deposit XAuT and get XGLD 1:1. After XAuT enters the agreement, it lends stablecoins through leading centralized exchanges or compliant lenders, and then invests in a Delta-neutral strategy to capture capital rate benefits. The gold configuration remains the same, only increasing the interest-bearing attribute; when exiting, destroy XGLD through a Redemption Contract to retrieve XAuT, and there is no mandatory lock. Tether Gold is the most liquid tokenized gold asset. Each XAuT is backed 1:1 with physical gold from the Swiss Treasury. Unitas Labs is an on-chain asset management protocol deployed on the BNB Smart Chain, which focuses on providing income-layer infrastructure for real assets. This integration is a key step in tokenizing gold from “on-chain holding” to “on-chain financial application.” This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

3d agoburnking
Don't bet 100 times more, just look for “cash bulls”: What other projects are worth investing in in a bear market?

Don't bet 100 times more, just look for “cash bulls”: What other projects are worth investing in in a bear market?

Source: Odailey Planet Daily Author: Asher Original title: Don't guess 100 times the coin, only bet on “cash cow”: What other projects in the bear market are worth investing in? The bear market only buys the most profitable items on each track, and the bull market then goes after short-term hot spots. Core point of view: In the context of the downturn in the crypto market, this article has selected four issued projects, Pump.fun, Hyperliquid, Uniswap, and Chainlink. They have shown profitability through a bear market with stable agreement revenue, providing a more realistic reference target for long-term investment. Key elements: 1.pump.fun's revenue in the past 30 days was 41.53 million US dollars, with a cumulative total of about 256 million US dollars in the first 7 months. The revenue depends on the popularity of Meme transactions on the Solana chain, but the average monthly cash flow capacity of tens of millions of dollars is outstanding. 2. Hyperliquid's cumulative revenue for the first 7 months was about US$352 million, surpassing Pump.fun. In June, it reached a new high of 60 million US dollars during the year. The revenue mainly comes from perpetual contracts and spot transaction fees. 3. Hyperliquid uses approximately 99% of the agreement fee to repurchase and destroy HYPE tokens, forming a simple investment logic of “profitable and continuous repurchase”. 4. Uniswap has earned 5.6 million US dollars in the past 30 days. It is the most profitable DEX. It accumulated about US$28.4 million in the first 7 months, benefiting from the official opening of the agreement fee after the implementation of the Unification proposal and its use for UNi's destruction. 5. Chainlink's revenue in the past 30 days was 4.57 million US dollars. The monthly revenue was stable in the range of 4.4 million to 5.8 million US dollars. The revenue came from service fees such as oracles and cross-chain services, and the cumulative transaction value facilitated reached 32.18 trillion US dollars. Since this year, the crypto market has continued to be sluggish. There aren't no hot spots on the chain; every once in a while, there are a few burgeoning memes, but these quotes often focus on new coins that have just been issued and hardly give the market time to fully study. Once the story ebbed down, prices quickly dropped back down. Most players who got on the bus halfway ended up losing money and making little money. Since blindly guessing the next 100 times the coin makes little sense. A more realistic investment logic is: if you are preparing to invest slowly in a bear market and wait for the next round of the bull market to return, what other projects are worth buying now? Compared to simply reading the story, a more direct screening criterion is whether the project itself still makes money or not. If a platform can still earn millions or even tens of millions of dollars in revenue every month in the crypto bear market, it at least indicates that users and demand are still there, and the project also has a stronger ability to cross the cycle. This type of platform token won't necessarily be the altcoin with the most exaggerated rise in the next round of the bull market. So, since this year, what other coin issuing projects have continued to make money? (The revenue data for the project in this article comes from Tokenomist and DeFilLama. The revenue caliber is uniformly adopted, that is, the actual revenue of the agreement after deducting distribution to supply-side participants such as LPs.) Pump.fun: The “shovel seller” on the meme circuit earns money from round after round of coin issuance boom. Apart from the two major stablecoin issuers Tether and Circle, Pump.fun is one of the most profitable crypto native projects in the past 30 days, with a revenue of 41.53 million US dollars. Looking at monthly data, Pump.fun's revenue from January to July was 51 million US dollars, 40 million US dollars, 38.1 million US dollars, 32.4 million US dollars, 32.4 million US dollars, 34.4 million US dollars, 26.6 million US dollars, and 33.7 million US dollars, respectively, with cumulative revenue of about 256 million US dollars for the first 7 months. Pump.fun's revenue peak was high at the beginning of the year, then the overall decline was evident in April and June, and there was some recovery in May and July. The core of Pump.fun's revenue comes from continuous trading of SGD on the platform. Currently, users are free to create tokens themselves, but trading during the Bonding Curve phase requires transaction fees. According to Pump.fun's latest rate, Bonding Curve's total fee rate is 1.25% per transaction, of which 0.95% goes to the agreement and 0.30% is distributed to token creators. Additionally, when tokens graduate from Pump.fun and enter PumpSwap, a graduation fee of 0.015 SOL will be charged. Pump.fun's revenue still depends on Solana's on-chain meme activity. When the on-chain market is lukewarm, revenue drops significantly, and recovers quickly when popularity picks up. But from the perspective of a bear market, it can be at 7...

4d agoOdaily星球日报#DeFi #MEME #invests

Galaxy Research: Q2 crypto lending market contracted 16.8% month-on-month, but deleveraging process was “orderly and moderate”

In comparison, Galaxy Research released the Q2 2026 crypto leverage market report, showing that total crypto collateral loans fell 16.78% month-on-month to $56.16 billion, down 40.13% from the 2025 Q3 high of US$78.69 billion. Among them, DeFi loans contracted 27.61% month-on-month to $20.43 billion, and CeFi loans fell 9.62% month-on-month to $22.98 billion. This is the first time since Q3 of 2023 that CeFi has surpassed DeFi in size. Tether still dominates the CeFi market with a 58.54% share. According to the report, the key difference between current deleveraging and the previous bear market is the “orderly and moderate” pace: falling only 10%, 5%, and 17% for three consecutive quarters, rather than a 2022 cliff-style collapse of over 55% in a single quarter. In the futures market, Q2 unliquidated contracts fell slightly by 3.08% month-on-month to US$103.2 billion, but in July they rebounded to around US$114 billion. In terms of institutional corporate debt, Strategy completed a $1.5 billion debt repurchase in May, reducing the DAT industry's total outstanding debt to $161 billion. According to the report, if there is no drastic liquidation of the market or counterparty default, deleveraging is expected to continue the gradual decline model.

4d ago

Tether CEO: The company is not building any blockchain and has no related plans

Comparing news, Tether CEO Paolo Ardoino said that Tether has not developed its own blockchain and has no related plans. Tether will continue to remain chain-neutral and support multiple blockchains as transmission networks for USDT. Previously, CoinMarketCap analyzed that stablecoin companies such as Stripe, Circle, and Tether are building their own blockchains. Ardoino's response denied claims that Tether is developing its own blockchain.

6d ago

UK Reform Party leader Nigel Farage re-elected as MP, investigation into crypto donation case restarts

Comparatively, as reported by Crypto.News, the British Reform Party leader Nigel Farage was re-elected as a member of the Clarkton constituency, and the investigation previously suspended due to large crypto-related gifts was restarted. The parliamentary commissioner is investigating whether he failed to register financial interests in accordance with the rules, focusing on personal grants of around £5 million ($6.7 million) from billionaire investor and Tether-related shareholder Christopher Harborne; benefits such as employees, security, transportation, and lodging provided by long-term advisor George Cottrell (who has been convicted in a US money laundering case). Nigel Farage's resignation during his previous term led to the suspension of the investigation. He insisted he did not break the rules, claiming that the money was an unconditional personal gift, partly for security expenses. His victory in the by-election reinstated him as a member of parliament, and the investigation continued as a result.

7d ago