Latest News and Articles about Tether
EU’s MiCA Regulations to Surge Euro Stablecoin Demand, Says JPMorgan
EU’s MiCA Regulations Set to Boost Euro Stablecoins: JPMorgan’s Forecast JPMorgan predicts a significant rise in the demand for euro-denominated stablecoins due to the EU’s new MiCA regulations, which took effect on December 30, 2024. Despite initial concerns in the crypto community, these regulations are poised to encourage European financial institutions to adopt euro stablecoins, […]
Read MoreTether Expands into AI Filmmaking with $775M Rumble Investment
Tether Ventures into AI Filmmaking Amid Strategic Expansion and Stablecoin Dominance Tether, the powerhouse behind the leading stablecoin USDT, is embarking on a bold journey into the world of artificial intelligence, with a specific focus on AI-driven filmmaking. This move not only aims to diversify Tether’s portfolio but also seeks to revolutionize how films are […]
Read MoreOobit Targets UAE Expansion with Tether Backing and FSRA License Pursuit
Tether-Backed Oobit Seeks License in UAE, Eyes Middle Eastern Expansion Can a crypto payments service revolutionize the way we use digital currencies in the Middle East? Oobit, with the financial might of Tether and Solana behind it, is betting big on the UAE, applying for a Financial Services Regulatory Authority (FSRA) license under the Abu […]
Read MoreTether and Bitfinex’s Legal Maestro Hoegner Retires, Hilliard Steps In
Tether and Bitfinex Navigate Leadership Transition with Hoegner’s Departure Stuart Hoegner, the longtime legal maestro for Tether and Bitfinex, has retired, marking a pivotal moment for these crypto giants amidst ongoing regulatory scrutiny. Michael Hilliard steps in as the new general counsel, bringing continuity and experience to the table. Hoegner retires from Tether and Bitfinex […]
Read MoreStablecoin Issuers Dominate On-Chain Revenue with Over 40% Share in December 2024
Stablecoin Issuers Command Over 40% of On-Chain Revenue in December 2024 Stablecoin issuers have taken the lead, dominating on-chain revenue with over 40% share in December 2024. Tether, the leader among stablecoins, brought in more than $500 million, showcasing the critical yet controversial role these assets play in the crypto ecosystem. Ethereum continues to lead […]
Read MoreTether Burns 1B USDT: Impact on Bitcoin, Ethereum, and Crypto Market Dynamics
Tether’s Bold Move: Burning 1 Billion USDT and Its Ripple Effects on Bitcoin and the Crypto Market What happens when a trillion-dollar company decides to burn $1 billion in a day? Tether, Inc. closed out 2024 with a bang by burning 1 billion USDT, reducing its total supply from 138 billion to 137 billion. This […]
Read MoreTether Bolsters Bitcoin Reserves by $700M Amid EU Regulatory Storm
Tether Boosts Bitcoin Reserves with $700 Million Transfer Amid Regulatory Challenges In a bold move amidst regulatory storms, Tether has transferred a staggering $700 million in Bitcoin to its reserves. This strategic maneuver highlights Tether’s commitment to steering the Bitcoin wave with a $700 million paddle. Tether transferred 7,629 BTC to its reserve Largest transaction […]
Read MoreTether’s $1.3B Supply Drop: Analyzing Crypto Liquidity and Market Effects
Tether’s $1.3 Billion Supply Drop: Unpacking the Impact on Crypto Liquidity and Beyond – Tether’s supply drops by $1.3 billion – Concerns over market liquidity and dynamics – Impact on DeFi and other stablecoins analyzed Tether, one of the oldest and most widely used stablecoins, recently experienced a significant drop in its circulating supply by […]
Read MoreBanks Challenge Tether’s Dominance with New Stablecoins, Eyeing $10B Profit
Traditional Banks Dive into Stablecoins, Challenging Tether’s Dominance With Tether stepping back from its EURt stablecoin, traditional banks are making a bold move into the lucrative stablecoin market, aiming to disrupt Tether’s dominance and capitalize on the $10 billion in profits the industry has seen. Tether discontinues EURt due to MiCA regulations Banks like SG-Forge […]
Read MoreTether’s USDT Faces Uncertainty with EU MiCA Regulations Looming
Tether Faces Regulatory Challenges Under EU MiCA Regulation Uncertainty surrounds Tether’s USDT stablecoin as the European Union gears up to enforce its Markets in Crypto-Assets (MiCA) regulation by December 30, 2023. This uncertainty is causing ripples in the crypto markets. While Coinbase has already delisted USDT out of compliance concerns, other exchanges like Binance and […]
Read MoreTether Enters Crypto VC with $2M Investment in Arcanum Capital, Shaping Blockchain Future
Tether’s Strategic Investment: A Bold Step into Crypto Venture Capital Could Tether’s latest investment redefine the future of digital finance? In a significant move, Tether, the issuer of the USDT stablecoin, has made its first foray into the venture capital world with a $2 million investment in Arcanum Capital. This marks a strategic step for […]
Read MoreTether Targets $10B in Profits with Bold AI Investments and Strategic Diversification for 2024
Tether’s Ambitious Path: Surging Profits and a Bold Leap into AI Tether Holdings, the dominant force in the stablecoin arena, is setting its sights on an audacious profit target of over $10 billion for 2024. With a strategic pivot towards innovation and diversification, Tether aims to redefine its trajectory by investing heavily in artificial intelligence […]
Read MoreTether Invests $775 Million in Rumble: A Game-Changer for Crypto and Media Integration
Rumble’s $775 Million Boost: Tether Ventures into Video Sharing Rumble, a video-sharing platform championing free speech and decentralization, has secured a major $775 million investment from Tether, the world’s most recognized stablecoin issuer. This significant move involves Tether purchasing over 103 million shares of Rumble’s Class A Common Stock, poised to reshape the relationship between […]
Read MoreMiCA Regulation Spurs Euro-Backed Stablecoin Dominance in Europe’s Crypto Market
MiCA-Compliant Stablecoins Redefine Europe’s Crypto Market The stablecoin landscape in Europe is undergoing a significant transformation, spurred by the Markets in Crypto-Assets (MiCA) regulation. This new set of rules aims to standardize the cryptocurrency market, enhancing security and investor confidence. As MiCA takes hold, euro-backed stablecoins are becoming increasingly dominant, reshaping trading patterns and business […]
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