Wintermute Launches Armitage as $10B Trading Network Expands Into DeFi Lending

Tether’s USDT has expanded by over $5 billion in the past month, with competing stablecoins including USDC, USDe, and PYUSD shedding a combined $4.2 billion over the same period. Tether Consolidates Grip as Rivals Retreat According to data, USDT’s net growth over the past month stands at roughly $900 million (0.3% of the total supply), […]

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The stablecoin issuer bought SoftBank’s 26% stake, expanding its control over the public Bitcoin holder as it moves into lending, mining and capital markets.