Cryptocurrency News

USDT market cap up by $2 billion following Tornado Cash debacle

08/17/2022

Less than a minute

2022.08.17 03:54

USDT market cap up by $2 billion following Tornado Cash debacle

The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash.

The Office of Foreign Asset Control essentially barred Americans from using Tornado Cash on Aug. 8, blacklisting 44 USD Coin (USDC) and Ether (ETH) addresses connected to the service to a list of Specially Designated Nationals and Blocked Persons (SDNs).

08/17/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 96,434.84 0.05%

Ethereum (ETH) $ 2,761.20 2.95%

XRP (XRP) $ 2.56 0.97%

Tether (USDT) $ 1.00 0.02%

BNB (BNB) $ 666.82 1.88%

Solana (SOL) $ 170.84 0.39%

USDC (USDC) $ 1.00 0.01%

Dogecoin (DOGE) $ 0.244193 0.59%

Cardano (ADA) $ 0.767723 0.44%

Lido Staked Ether (STETH) $ 2,755.07 2.87%

TRON (TRX) $ 0.241746 1.47%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 96,395.83 0.02%

Chainlink (LINK) $ 17.80 1.19%

Wrapped stETH (WSTETH) $ 3,290.92 2.79%

Avalanche (AVAX) $ 25.60 1.26%

Sui (SUI) $ 3.40 1.45%

Stellar (XLM) $ 0.330908 0.52%

Litecoin (LTC) $ 126.10 2.93%

the-open-network

Toncoin (TON) $ 3.77 4.83%

Shiba Inu (SHIB) $ 0.000016 2.20%

LEO Token (LEO) $ 9.70 0.30%

hedera-hashgraph

Hedera (HBAR) $ 0.213565 1.42%

MANTRA (OM) $ 8.59 12.86%

USDS (USDS) $ 1.00 0.16%

Hyperliquid (HYPE) $ 24.23 2.41%

Polkadot (DOT) $ 5.04 2.71%

WETH (WETH) $ 2,760.57 2.88%

Bitcoin Cash (BCH) $ 326.13 2.14%

Bitget Token (BGB) $ 5.14 1.48%

Ethena USDe (USDE) $ 0.999809 0.11%

Wrapped eETH (WEETH) $ 2,928.64 2.96%

Uniswap (UNI) $ 9.00 2.64%

Monero (XMR) $ 235.57 1.86%

NEAR Protocol (NEAR) $ 3.46 0.07%

Pepe (PEPE) $ 0.000009 2.76%

WhiteBIT Coin (WBT) $ 27.43 0.20%

Aave (AAVE) $ 246.04 1.39%

Ondo (ONDO) $ 1.15 1.29%

Bittensor (TAO) $ 432.09 1.55%

Aptos (APT) $ 5.98 0.93%

internet-computer

Internet Computer (ICP) $ 7.16 0.49%

Dai (DAI) $ 0.999886 0.01%

Official Trump (TRUMP) $ 16.22 0.72%

Ethereum Classic (ETC) $ 20.57 1.63%

Mantle (MNT) $ 0.91284 2.87%

tokenize-xchange

Tokenize Xchange (TKX) $ 38.04 3.03%

OKB (OKB) $ 49.43 0.65%

gatechain-token

Gate (GT) $ 23.40 0.89%

sUSDS (SUSDS) $ 1.04 0.13%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 96,569.87 0.11%