#tokens

As a stablecoin that exists independently of the specific blockchains it utilizes for transactions, USDT's adaptability on over 15 blockchains has prompted Tether to offer a fallback for users against potential blockchain failures. The company has unveiled a tool designed for the recovery of USDT tokens across a multitude of blockchains.

Most airdrop participants find themselves pondering, "When should I sell these tokens?" CoinGecko's analysis of the 50 biggest airdrops revealed that over half of the project tokens (54%) achieved their all-time high (ATH) within two weeks to several months after the airdrop.

PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers' private key.

Justin Schmidt, the Chief Operating Officer at Ondo Finance, which specializes in tokenized securities, is confident that yield-bearing stablecoins will outpace their traditional counterparts in the future. He notes that current issuers of such tokens are channeling investments into U.S. Treasury bonds and deposits, thereby securing their own profits, while regular users remain deprived from yield-generation.

In the face of escalating inflation (211%), Argentinians continue to actively purchase dollar-pegged stablecoins, steering clear of Bitcoin due to its high volatility. For cash purchases of these stable tokens, locals are turning to domestic P2P exchanges due to the country's stringent currency regulations.

Thailand's Securities and Exchange Commission (SEC) has revised its crypto industry regulations, creating a more business-friendly and user-oriented environment. One significant adjustment is the removal of the previous limit on investment volumes in tokens backed by tangible assets.

Telegram trading bot Unibot is set to introduce a new token, UNISOL, specifically for its project's iteration on Solana. This token will operate independently from Unibot's original Ethereum-based UNIBOT token. The initial announcement met with some dismay among the community, but the developers were quick to address concerns: revenues generated by Unibot on Solana will be equally shared between holders of both tokens.

Tether, the cryptocurrency company, has announced a strategic partnership with the decentralized bridge, rhino.fi, aimed at boosting and improving user engagement with the USDT stablecoin. This move signifies the company's intention to broaden the reach and utility of tokens across various blockchain platforms.