Latest News and Articles about Tether
Tether’s Growth Driven by Global Dollar Demand, CEO Ardoino Says
Paolo Ardoino: Tether’s Growth Fueled by Global Demand for U.S. Dollars Tether CEO Paolo Ardoino recently discussed the company’s impressive growth on Bloomberg TV, attributing it to the global thirst for U.S. dollars, particularly in emerging markets where traditional financial systems often fall short. Ardoino’s insights highlight Tether’s strategic positioning and the potential impact of […]
Read MoreRumble Invests $17.1M in Bitcoin, Aims for $20M Total Allocation
Rumble’s Bold Leap into Bitcoin: A $17.1 Million Investment Toronto-based video streaming giant Rumble has made headlines with a $17.1 million investment in Bitcoin, purchasing 188 BTC at an average price of $91,000 per coin. This move not only underscores Rumble’s bullish stance on the cryptocurrency but also positions them as the 40th largest corporate […]
Read MoreReeve Collins Launches USP: Yield-Bearing Stablecoin to Rival Tether in 2025
Reeve Collins’ USP: A New Era for Yield-Bearing Stablecoins Reeve Collins, a co-founder of Tether, is set to shake up the stablecoin market with the launch of USP, a yield-bearing stablecoin, in the second half of 2025 on the Ethereum and Solana blockchains. This move aims to challenge the dominance of Tether’s USDT while introducing […]
Read MoreBybit Hack: $1.4B Stolen, mETH and Tether Freeze Assets, $140M Bounty Offered
mETH Protocol and Tether Lead Campaign to Freeze Bybit Hackers’ Bounty Bybit, a major cryptocurrency exchange, was hit with a massive $1.4 billion hack involving Ethereum (ETH) and staked Ethereum (stETH). The crypto community, led by mETH Protocol and Tether, has swiftly mobilized to freeze the stolen assets and support recovery efforts. Bybit, showing resilience, […]
Read MoreCrypto Exchanges Launch Stablecoins as Tether’s EU Market Share Declines
Crypto Exchanges Launch Stablecoins Amid Tether’s Declining Dominance Due to EU Regulations As Tether’s grip on the stablecoin market loosens due to stringent European regulations, major crypto exchanges like Kraken and Crypto.com are stepping up to fill the void with their own U.S. dollar-pegged stablecoins. Meanwhile, Coinbase and Binance are opting for strategic partnerships with […]
Read MoreTether-Backed Mansa Raises $10M to Revolutionize Cross-Border Payments with Stablecoins
Tether-Backed Mansa Secures $10M for Stablecoin-Driven Cross-Border Payments Mansa, a fintech startup, has secured $10 million in funding led by Tether to revolutionize cross-border payments using stablecoins. Stablecoins are cryptocurrencies designed to minimize price volatility by pegging their value to a stable asset like the US dollar. Mansa secured $10M from Tether for stablecoin-driven payments. […]
Read MoreTether and Guinea Sign MoU to Boost Digital Transformation and Blockchain Adoption
Tether Partners with Guinea to Drive Digital Transformation On February 17, Tether, the issuer of the world’s largest stablecoin, USDT, announced a groundbreaking partnership with the government of Guinea aimed at boosting the country’s digital transformation and economic growth through blockchain technology. This collaboration, solidified through a memorandum of understanding (MoU), will focus on education, […]
Read MoreTether Ventures into BCI with Open-Source BrainOS: Aiming to Revolutionize Neural Augmentation
Tether’s Bold Leap into Brain-Computer Interfaces with Open-Source BrainOS Platform Tether, well-known for its stablecoin USDT, is now venturing into the cutting-edge world of brain-computer interface (BCI) technology with BrainOS, an open-source platform aimed at advancing neural augmentation. Spearheaded by Tether Data, this initiative seeks to make advanced brain technology accessible to everyone, ensuring that […]
Read MoreTether Engages U.S. Lawmakers on STABLE Act: Navigating Stablecoin Regulations
Tether Engages with U.S. Lawmakers on Stablecoin Regulations Tether, the world’s leading stablecoin issuer, is actively engaging with U.S. lawmakers to shape the future of stablecoin regulations. The company’s CEO, Paolo Ardoino, has expressed a commitment to adapt to upcoming U.S. legislation, specifically the STABLE Act, despite facing challenges related to transparency and potential compliance […]
Read MoreEl Salvador’s Plan B Bitcoin Forum: Empowering 2,500+ Attendees and Embracing Crypto
El Salvador’s Historic Bitcoin Forum Empowers Citizens: Plan B Bitcoin Forum Highlights Over 2,500 attendees flocked to El Salvador for the Plan B Bitcoin forum, a landmark event that underscored the country’s commitment to cryptocurrency. Held from January 30-31, the forum not only celebrated Bitcoin’s role in Salvadoran society but also highlighted the vibrant community’s […]
Read MoreTether Faces Bitcoin Sell-Off Pressure Amid U.S. Regulatory Changes
Tether’s Regulatory Landscape: Navigating Potential Bitcoin Divestment Tether, the powerhouse behind the USDT stablecoin, faces potential regulatory changes that may require it to sell its Bitcoin holdings, according to a JP Morgan analysis. Proposed U.S. stablecoin legislation aims to tighten reserve requirements, focusing on highly liquid assets like U.S. Treasuries. Tether disputes JP Morgan’s assessment, […]
Read MoreTether Joins Forces with U.S. Lawmakers to Shape Stablecoin Regulation by April
Tether Collaborates with U.S. Lawmakers to Shape Future of Stablecoin Regulation Tether, the behemoth in the stablecoin arena with a market cap nearing $142 billion, is not just playing the game; it’s actively rewriting the rulebook. By teaming up with U.S. lawmakers, Tether aims to sculpt a regulatory framework that could redefine stability in the […]
Read MoreTether Acquires Stake in Juventus: Blending Crypto, AI, and Biotech with Football
Stablecoin Giant Tether Acquires Minority Stake in Legendary Italian Football Club Juventus Tether, the leading stablecoin provider, has made a strategic move into the sports industry by acquiring a minority stake in Juventus, Italy’s iconic football club. This investment marks a bold step towards integrating digital assets, artificial intelligence (AI), and biotechnology into sports. Tether […]
Read MoreTether CEO: Quantum Computing May Recover Lost Bitcoin, Including Satoshi’s
Tether CEO Predicts Quantum Computing Could Recover Lost Bitcoin, Including Satoshi’s Holdings Tether CEO predicts quantum computing could recover lost Bitcoin, including Satoshi’s. No immediate threat to Bitcoin’s cryptography. Quantum-resistant addresses proposed to protect active wallets. Tether aims to expand financial services in emerging markets. What if the lost Bitcoins of Satoshi Nakamoto could be […]
Read MoreTether Ditches Blockchain Rumors for AI and $13.7B Profit in 2024
Tether CEO Paolo Ardoino Shuts Down Blockchain Rumors, Pivots to AI and Profits In a surprising move, Tether’s CEO Paolo Ardoino has firmly dismissed rumors of launching a proprietary blockchain, instead steering the company towards exciting developments in artificial intelligence and record-breaking profits. Here’s what you need to know: Tether CEO denies blockchain launch rumors […]
Read MoreHoward Lutnick Confirmed as US Commerce Secretary: Charting Crypto’s Future
Howard Lutnick Confirmed as US Commerce Secretary: Navigating Crypto’s Future Howard Lutnick, CEO of Cantor Fitzgerald and a vocal cryptocurrency advocate, has been confirmed as the US Commerce Secretary with a 16-12 vote by the Senate Commerce Committee. His appointment heralds a new era for the Trump administration’s push towards cryptocurrency innovation and the potential […]
Read MoreTether Boasts $7.1B Excess Reserves in 2024, Diverse Assets Fuel Stability
Tether Ends 2024 with a Staggering $7.1 Billion in Excess Reserves In a surprising turn of events, Tether, the issuer of the USDT stablecoin, concluded 2024 with a massive $7.1 billion in excess reserves. This financial milestone showcases Tether’s robust financial health and steadfast commitment to transparency, especially in the face of past legal scrutiny. […]
Read MoreKraken Halts Tether Trading in Europe by March 31 Due to MiCA
Kraken to Shutter Tether Trading in Europe by March 31 Kraken, a prominent cryptocurrency exchange, will halt support for Tether (USDT) and other non-compliant stablecoins for its European clients by March 31, 2024, due to the European Union’s Markets in Crypto Assets (MiCA) Regulation. This regulatory push joins Coinbase and Crypto.com in delisting Tether across […]
Read MoreTether’s $13B Profit in 2024: Navigating Success, Regulation, and Relocation
Tether’s Record $13 Billion Profit in 2024: A Tale of Triumph and Turbulence Tether, the powerhouse behind the world’s leading stablecoin USDT, has achieved a remarkable $13 billion net profit in 2024, driven by a strategic blend of U.S. Treasury Bill investments, Bitcoin, and gold. However, this success story is shadowed by regulatory challenges in […]
Read MoreLutnick Proposes Audits and Treasury Backing for US Dollar Stablecoins Amid Tether Scrutiny
Commerce Secretary Nominee Lutnick: US Dollar Stablecoins Need Audits and Treasury Backing Howard Lutnick, President Trump’s nominee for U.S. Commerce Secretary, faced intense scrutiny during a Senate hearing over his ties to Tether and the potential misuse of its USDT stablecoin. Stablecoins, cryptocurrencies designed to maintain a stable value often pegged to fiat currencies like […]
Read MoreCrypto.com Delists Tether by 2025 Due to EU’s MiCA Regulations
Crypto.com Delists Tether: Navigating the EU’s Regulatory Storm Crypto.com’s decision to delist Tether (USDT) by January 31, 2025, marks a significant shift in the crypto world, driven by the EU’s stringent Markets in Crypto-Assets (MiCA) regulations. Crypto.com delisting Tether (USDT) by January 31, 2025 EU’s MiCA regulations demand compliance USDT’s non-compliance raises concerns Shift towards […]
Read MoreSen. Warren Slams Trump’s Commerce Nominee Over Tether Ties Amid El Salvador Move
Anti-crypto Sen. Warren Targets Pro-crypto Commerce Secretary Nominee Howard Lutnick Senator Elizabeth Warren has launched a pointed attack on Howard Lutnick, President Trump’s Commerce Secretary nominee, over his firm’s ties to the controversial stablecoin issuer, Tether. The senator’s concerns focus on Tether’s compliance issues and its alleged involvement in illicit activities, while Tether plans to […]
Read MoreTether Launches USDT0 Standard: $1.3B Swap on Arbitrum to Boost Cross-Chain Transactions
Tether’s USDT0 Standard: A Leap Towards Cross-Chain Harmony Tether introduces USDT0, a new standard to streamline cross-chain transactions, starting with a $1.3 billion swap on Arbitrum. USDT0 aims to streamline cross-chain transactions Arbitrum swaps $1.3 billion USDT to USDT0 LayerZero technology powers the new standard Tether expands in DeFi and international markets Tether, the titan […]
Read MoreTether and Medoo Launch Blockchain Academy in Vietnam to Boost Digital Skills
Tether and Medoo Launch Blockchain Academy in Vietnam to Fuel Digital Economy Tether, the company behind USDT, a type of cryptocurrency known as a stablecoin that’s pegged to the US dollar, and Medoo, Vietnam’s trailblazer in decentralized education, have teamed up to launch the Blockchain Academy. This initiative aims to transform Vietnam into a center […]
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