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El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.
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(Alfred Gescheidt/Getty Images)
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).
(Alfred Gescheidt/Getty Images)

Tether. (Nikhilesh De/CoinDesk)
El mercado de stablecoins se hundió, pero tether logró alcanzar una capitalización de mercado máxima de US$83.200M
USDT recuperó todas las pérdidas registradas desde el colapso de hace más de un año del proyecto de blockchain Terra.
Tether. (Nikhilesh De/CoinDesk)

(DrawKit Illustrations/Unsplash)
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra more than a year ago.
(DrawKit Illustrations/Unsplash)

Tether logo (Nikhilesh De/CoinDesk)
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
Tether logo (Nikhilesh De/CoinDesk)

CoinDesk - Unknown
Bitcoin Mining Difficulty Poised To Set New All-Time High This Week
The bitcoin mining difficulty a measure of how easily miners can discover a block of bitcoin is set to surpass the 50 T mark on Wednesday setting a new all time high Meantime stablecoin issuer Tether has invested in an energy production and sustainable bitcoin mining facility in Uruguay The Hash panel discusses their outlook [...]
CoinDesk - Unknown

(Rachel Sun/CoinDesk)
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
The company earlier this month announced plans to invest part of its profits in BTC purchases and infrastructure.
(Rachel Sun/CoinDesk)

CoinDesk - Unknown
Tether's USDT Trading Volume Falls to Lowest Level in Four Years: Kaiko
Crypto market research firm Kaiko is out with a new report, noting that trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
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Tether USDT market cap and trading volume (Kaiko))
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
Tether USDT market cap and trading volume (Kaiko))

Treasury Building
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday.
Treasury Building