Tether

The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President Donald Trump will speed up the legislative approval process for the digital euro. What Happened: ECB board member Piero Cipollone conveyed optimism that Trump’s...

Cryptocurrency firm Tether (CRYPTO: USDT) announced the launch of USDT, the world’s most valuable stablecoin by market cap, on the Bitcoin (CRYPTO: BTC) blockchain on Thursday. What Happened: The integration will make the $139 billion-valued stablecoin available on Bitcoin’s base layer...

Sen. Elizabeth Warren (D-Mass.) demanded answers from Commerce Secretary nominee Howard Lutnick on Tuesday with regard to his association with the controversial stablecoin-issuing company Tether (CRYPTO: USDT). What Happened: Warren wrote a letter to Lutnick, questioning potential financial...

President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick, is in the process of forging a multi-billion dollar deal with Tether (CRYPTO: USDT), the company behind the world’s largest stablecoin by market capitalization. What happened: Cantor Fitzgerald, a financial...

Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry. What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest spoke about Tether...

The digital assets market is experiencing a wave of new stablecoin launches by various technology and cryptocurrency companies, and even a state, in spite of concerns about their limited use and chances of survival. What Happened: A Financial Times report on Thursday revealed that blockchain-based...

Tether Holdings (CRYPTO: USDT) Limited has disclosed $5.2 billion profit for the first half of 2024, setting a new record for the company in its second-quarter attestation. What Happened: Tether's Q2 attestation reflects a group equity of $11.9 billion as of June 30, 2024. Tether reported a net...

The stablecoin sector has witnessed a significant expansion since the beginning of July, coinciding with the overall upswing in the cryptocurrency market. What Happened: In an X post on Wednesday, Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, noted that stablecoins have been flowing...

Paolo Ardoino, the CEO of stablecoin issuing company Tether, expressed alarm over OpenAI's security breach, claiming that decentralized artificial intelligence models are the strongest defense against such attacks.  What Happened: The man at the helm of affairs of a company behind the world's...

Renowned cryptocurrency analyst Willy Woo has hinted at the possibility of a Bitcoin (CRYPTO: BTC)-backed stablecoin from Tether (CRYPTO: USDT) in the future. What Happened: In a post on Tuesday, Woo praised Tether, the company behind the world’s biggest stablecoin by market cap, for their...

Stablecoin issuing company Tether (CRYPTO: USDT) launched a new platform Monday that will allow the creation of gold-backed stablecoins pegged to the U.S. Dollar.  What Happened: The new token minting platform called Alloy By Tether will help create tokens that use Tether Gold (CRYPTO: XAUt)...

The Joe Biden administration has let the SEC go unchecked, Tether (CRYPTO: USDT) co-founder William Quigley on Friday said, has he expressed strong concerns about the current regulatory approach to cryptocurrency industry. In an interview with Benzinga, Quigley highlighted the SEC’s...

Bitdeer Technologies Group (NASDAQ:BTDR), a leader in Bitcoin mining and AI cloud solutions, received a $100 million investment from Tether International Limited. This substantial capital injection positions Bitdeer for substantial growth in the Bitcoin mining sector. Details of the Investment The...

In a strategic move to broaden its reach beyond stablecoins, Tether (CRYPTO: USDT), the world’s largest stablecoin creator, has announced a reorganization into four divisions. What Happened: Tether has formed four divisions to reflect its expanding focus and interest in sectors beyond its...

Andrey Zverev, a self-proclaimed Russian smuggler, has been using Tether (CRYPTO: USDT), a popular cryptocurrency, to facilitate transactions for procuring high-tech equipment and weapons parts, helping Russian companies bypass Western sanctions. What Happened: Zverev, a middleman for Russian...