Latest News and Articles about Tether
Tether CEO Claims USDT Bolsters U.S. Dollar Dominance Amid Transparency Efforts
Tether CEO Declares USDT a Pillar of U.S. Dollar Dominance In a bold statement that shook the financial world, Tether CEO Paolo Ardoino declared USDT as a crucial pillar in the ongoing saga of U.S. dollar hegemony. Speaking to CNBC, Ardoino didn’t mince words about Tether’s significant financial clout, likening the company’s U.S. Treasury holdings […]
Read MoreCitizenX and El Salvador Expand Bitcoin Passport Program: $1M in BTC or USDT for Citizenship
CitizenX Joins Forces With El Salvador to Expand Bitcoin-Backed Passport Initiative Swiss tech firm CitizenX has partnered with El Salvador to broaden the reach of its innovative “Freedom Passport” program, offering a fast track to Salvadoran citizenship for wealthy individuals willing to donate $1 million in either Bitcoin (BTC) or Tether (USDT), a type of […]
Read MoreTether’s $120B Treasury Holdings Outrank Germany, 19th Globally
Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally Tether, the powerhouse behind the stablecoin USDT, has made headlines by surpassing Germany to become the 19th-largest holder of US government debt, with a staggering $120 billion in US Treasuries. This milestone underscores the growing impact of cryptocurrency firms on traditional finance, but it also […]
Read MoreTether on TRON Hits $75B, Dominates Stablecoin Market
Tether on TRON Surpasses $75 Billion, Leading Stablecoin Activities Tether (USDT) on the TRON blockchain has hit a significant milestone, reaching over $75 billion in circulation, solidifying TRON’s position as the leading platform for stablecoin transactions. Tether on TRON exceeds $75 billion TRON leads in global USDT supply Over 8.3 million daily transactions T3 Financial […]
Read MoreTether’s $78M Blacklisting Delay Exposes Crypto Vulnerabilities
Tether’s Blacklisting Delay Allows $78M in Illicit Funds to Slip Through, Report Reveals – Tether’s delay enabled $78M in illicit funds to move – Multisignature contract causes enforcement delays – Ethereum and Tron networks impacted – Stablecoin regulation stalls in Congress – Political tensions over Trump’s crypto initiatives A recent report by AMLBot has exposed […]
Read More$27B Crypto Crime Hub Haowang Guarantee Shut Down, May Resurface as Tudou
Crypto Crime Bust: $27B Telegram-based Haowang Guarantee Shut Down In a stunning move against crypto crime, Haowang Guarantee, a notorious Telegram-based black market that facilitated over $27 billion in illicit cryptocurrency transactions, was abruptly shut down. The action, spurred by investigations from WIRED and blockchain analytics firm Elliptic, led Telegram to ban thousands of accounts […]
Read MoreTether Boosts Twenty One Capital’s Bitcoin Holdings to 36,312 BTC Ahead of Public Listing
Tether Bolsters Twenty One Capital’s Bitcoin Treasury in Preparation for Public Listing Tether has taken a bold step by purchasing an additional 4,812 Bitcoin at an average price of $95,319 each, transferring these assets to an escrow wallet in anticipation of Twenty One Capital’s upcoming public listing through a SPAC merger. This strategic acquisition not […]
Read MoreTether Boosts $8B USDT Supply Amid Crypto Volatility, Eyes Market Dominance
Tether Mints $8 Billion USDT, Strengthening Market Liquidity and Dominance Tether, the powerhouse behind the USDT stablecoin, has minted an additional $8 billion worth of USDT, pushing the total supply to a new high of $149.4 billion. This strategic move comes amidst heightened volatility in the cryptocurrency market, bolstering Tether’s dominance in the stablecoin sector. […]
Read MoreSchumer Warns Democrats Against GENIUS Act, Citing Tether Concerns
Schumer Raises Concerns Over Tether’s Role in Proposed GENIUS Act Senate Minority Leader Chuck Schumer has voiced his apprehension regarding the treatment of Tether, the leading stablecoin issuer, within the proposed Guiding and Establishing National Innovation in U.S. Stablecoins Act (GENIUS Act). This legislation aims to regulate stablecoins, addressing the burgeoning market’s need for clarity […]
Read MoreTether’s New US Dollar Stablecoin Aims to Rebrand and Boost Crypto Market
Tether Plans New US Dollar-Pegged Stablecoin Amid Rebranding Efforts Tether, once a shadowy player in the crypto world, is boldly stepping into the US market with a new dollar-pegged stablecoin. This move is part of a broader strategy to reshape its image, distancing itself from past associations with criminal activities and towards a cooperative stance […]
Read MoreTether Diversifies Beyond USDT: Investing in Bitcoin, AI, and More
Tether’s Bold Leap Beyond USDT: Building for the Apocalypse Tether, the powerhouse behind the USDT stablecoin, is making strategic moves to diversify its portfolio, aiming to fortify its position in the crypto ecosystem. From Bitcoin mining to artificial intelligence, Tether’s CEO Paolo Ardoino is steering the company towards a future that’s not just about stablecoins […]
Read MoreBrandon Lutnick’s 21 Capital Joins Bitcoin Race with $3B from Tether, SoftBank, Bitfinex
Brandon Lutnick’s 21 Capital: A New Player in the Bitcoin Acquisition Game – Brandon Lutnick leads consortium – Partners: Tether, SoftBank, Bitfinex – 21 Capital aims to replicate MicroStrategy’s success – $3 billion in Bitcoin from partners – Plans to raise additional funds Brandon Lutnick, the chair of Cantor Fitzgerald, has launched a bold venture […]
Read MoreJack Mallers Leads Twenty One: New Bitcoin Venture with Tether and SoftBank Backing
Strike CEO Jack Mallers to Lead New Bitcoin Venture Backed by Tether and SoftBank In a bold move to reshape the financial landscape, Jack Mallers, the visionary behind Strike, is set to lead Twenty One, a new Bitcoin-centric venture backed by industry giants Tether and SoftBank. Jack Mallers appointed CEO of Twenty One Tether, SoftBank, […]
Read MoreTether’s 1B USDT on Tron Boosts Bitcoin to $87,440 Amid Fed Policies
Tether Injects 1 Billion USDT into Tron, Bitcoin Surges to $87,440 Tether’s decision to mint 1 billion USDT on the Tron blockchain has set the stage for a potential surge in the cryptocurrency market, with Bitcoin responding with a 2.6% increase to $87,440. This move, coupled with the Federal Reserve’s recent policies, underscores the complex […]
Read MoreTether Explores U.S.-Only Stablecoin Amid Trump’s Crypto-Friendly Policies
Tether Considers U.S.-Only Stablecoin Amid Trump’s Pro-Crypto Policies Tether, the leading issuer of the world’s most traded stablecoin, is actively considering launching a U.S.-only version of its token, driven by the potential for favorable regulations under the Trump administration. Tether explores U.S.-only stablecoin leveraging Trump’s crypto-friendly policies Engages with U.S. regulators to shape stablecoin frameworks […]
Read MoreETH/BTC Hits 0.01965: Ethereum’s Struggle and Market Impact
ETH/BTC Collapses Below 0.02: Navigating the Crypto Market’s Turbulence Ethereum (ETH) has hit a significant low against Bitcoin (BTC), reaching an intraday low of 0.01965 BTC on the Binance exchange. This marks the lowest level since February 2020 and signals a pivotal moment in the crypto market. ETH/BTC hits 0.01965, lowest since 2020 ETH down […]
Read MoreSEC Declares Covered Stablecoins Non-Securities, Boosts Crypto Clarity
SEC Clarifies: Covered Stablecoins Not Classified as Securities The U.S. Securities and Exchange Commission (SEC) has announced that “Covered Stablecoins” are not considered securities, providing a significant regulatory clarification for the crypto industry. This decision could pave the way for increased adoption and innovation in the stablecoin sector. SEC excludes Covered Stablecoins from securities classification […]
Read MoreFidelity Tests Stablecoin, Eyes Tokenized Funds Amid Growing Crypto Adoption
Fidelity’s Bold Leap into Stablecoins: A New Era for Crypto? Fidelity Investments, a titan in the US asset management world, is making a splash in the cryptocurrency space by testing its own stablecoin. This move follows their successful launch of Ethereum and Bitcoin ETFs, signaling a significant shift as traditional finance increasingly embraces blockchain technology. […]
Read MoreRumble’s $775M Tether-Backed Digital Wallet to Revolutionize Creator Payments
Rumble to Launch Digital Wallet Backed by Tether Investment Rumble, the video-sharing platform advocating for free speech, is diving into cryptocurrency with a significant $775 million investment from Tether. This collaboration aims to launch a new digital wallet, transforming how creators, especially in emerging markets, receive payments. Rumble’s Digital Wallet for creators $775 million Tether […]
Read MoreTether’s USDT Linked to $24B Pig Butchering Scams: Regulatory and Compliance Challenges
Tether’s USDT and the Pig Butchering Scams: Navigating Regulatory Scrutiny and Compliance In the murky underbelly of the cryptocurrency world, the Cambodia-based darknet marketplace, Huione Guarantee, has emerged as a central hub for pig butchering scams. These scams, where victims are lured into fake cryptocurrency investments through romantic or social manipulation, have seen a staggering […]
Read MoreTether Seeks Big Four Audit Amid Illicit Use Concerns, Boasts $6.2B Profit
Tether Seeks Transparency with Big Four Audit Amidst Illicit Use Concerns Tether, the issuer of the USDT stablecoin, has committed to a full-scale audit by one of the Big Four accounting firms—Deloitte, EY, KPMG, or PwC—amidst ongoing concerns over its financial transparency and use in illicit activities. CEO Paolo Ardoino credits the Trump administration’s crypto-friendly […]
Read MoreTether’s $33.1B Treasury Buyout: Dominating Stablecoins and Facing U.S. Regulatory Hurdles
Tether’s $33.1 Billion Treasury Buyout: A Power Move in the Crypto World In 2024, Tether, the issuer of the USDT stablecoin, emerged as the seventh-largest buyer of U.S. Treasury securities, surpassing nations like Germany, Canada, and Mexico with a net purchase of $33.1 billion. This bold move into the Treasury market not only showcases Tether’s […]
Read MoreU.S. Secret Service Busts Garantex: $96B Crypto Exchange Linked to Crime
Secret Service Cracks Down on Alleged Money Laundering Crypto Exchange Garantex Did you know that a single crypto exchange can process over $96 billion in transactions while facilitating criminal activities? The U.S. Secret Service has initiated a major operation against Garantex, a Russian crypto exchange accused of being a hub for laundering dirty money, resulting […]
Read MoreTether CEO Cheers GENIUS Act: A New Era for Stablecoin Regulation
Tether CEO Excited About GENIUS Act’s Impact on Stablecoin Regulation Stablecoins, cryptocurrencies designed to maintain a stable value often pegged to a traditional currency like the US dollar, are set to face a significant change with the recent passage of the GENIUS Act by the U.S. Senate Banking Committee. Tether CEO Paolo Ardoino is buzzing […]
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