🌍 Changes on the cryptocurrency market: From Tether to zkSync!🚀

1️⃣ Tether

Tether, the world's largest dollar-pegged stablecoin, recently issued another billion USDT as part of its strategy to diversify into backed assets. An investment in 8,888 Bitcoins (BTC) on March 31 increased their holdings to over 78,317 BTC, making Tether the seventh largest holder of Bitcoin in the world.

2️⃣ Binance and the Fight against Financial Fraud

Binance, one of the largest cryptocurrency exchanges, is actively working with the Taiwanese Ministry of Justice to resolve a $6.2 million money laundering case. Thanks to this cooperation, nine suspects were identified and charged with money laundering and organized crimes.

3️⃣ Development of zkSync - airdrop of Governance tokens

zkSync, a zero-knowledge proof rollup technology (ZK rollup), which is one of the most promising projects in the field of Ethereum scaling.

4️⃣ Hong Kong Digital Yuan Trial Amid ETF Concerns

Hong Kong is testing the digital yuan, showing promising opportunities for cross-border transactions.

5️⃣ Ripple versus stablecoins

Ripple is preparing to launch its own stablecoin to compete directly with major players such as Tether (USDT) and USD Coin (USDC). These developments come in the context of significant regulatory discussions and could profoundly impact the stablecoin market.

#Crypto#Tether#Binance#zkSync#Blockchain#CryptoNews #FinTech