Tether (USDT)
Tether Calls Out WSJ For Scrutiny Amid Challenges In Banking Industry
Tether also recently announced a strategic investment in Northern Data Group through a subsidiary. The USDT issuer reiterated its commitment to its customers with ongoing efforts to reduce loan exposure....
Tether Makes U-Turn on USDT Loan Issuance, Adds $200M to Portfolio
According to a recent report from The Wall Street Journal (WSJ), Tether Holdings, the issuer of stablecoin USDT, has resumed lending its coins to customers. The report cited that the...
Court Rules in Favor of Tether, Bitfinex; CTO Celebrates Victory
Paolo Ardoino, the CTO of Tether, took to Twitter (X) today to celebrate the recent court judgment that worked in Tether’s favor. “Chief Judge Laura Taylor Swain of the U.S....
Tether Holdings Becomes The World’s 22 Largest US Treasury Bond Holder
Tether Holdings Limited, the crypto giant behind the largest stablecoin by market capitalization, has become the world’s 22 largest holder of United States Treasury Bonds. The USDT issuer overtook nations...
Chinese Authorities Burst $1.5M USDT Fraud Scheme, Remands 4 Suspects
In a recent report from a Chinese news agency, four individuals suspected of engaging in a complex crypto fraud scheme have been apprehended. The suspects allegedly conspired with an overseas...
Top 6 Stablecoins Gain $663.2M in Market Cap Since August 22
According to Santiment, the market intelligence platform with on-chain and social metrics, the combined market caps of the top six stablecoins have grown by $663.2 million since August 22. This...
Recent Research Portrays Tether USDT’s Intriguing Depeg in August
Kaiko researcher Riyad Carey revealed an intricate USDT depegging pattern in August. USDT experienced a severe 98% depeg on August 7, when the stablecoin traded at a 2% discount. Low...
Tether Relies on Britannia Bank While Other US Banks Part Ways
According to recent reports, the Bahamas-based Britannia Bank & Trust has been added by stablecoin issuer Tether to handle dollar transfers. Britannia Financial Group is an up-and-coming financial services company...
Tether’s Environmental-Friendly Bitcoin Mining Project Is Real
Paolo Ardoino, CTO at Tether, has clarified speculations over his previous post about Tether’s energy venture. In a post on X (Twitter), Ardoino provided details on what Tether is doing...
Tether Holds $3.3 Billion Liquidity Cushion In Shareholder Capital
Tether has outdone itself when it comes to securing itself against liquidity crisis scenarios. According to Tether’s reserve reports, the stablecoin issuer has a total of $3.29 billion in shareholder...
Crypto Analyst Says XRP Could Overtake USDT as Third Largest Crypto
Still, in the excitement of the Ripple victory, a crypto analyst says the cryptocurrency has the potential to hit new all-time highs and strides. Ripple’s native currency XRP rose to...
Tether’s Bitcoin Holdings Proven By On-Chain Data; FUD Debunked
CryptoQuant, a prominent on-chain data and analytics provider, has taken to Twitter to dispel the doubts surrounding Tether’s position as the eleventh-largest holder of Bitcoin. The company determined to counter...
USDT Dump on Curve and Uniswap Questionable: Kaiko Research
Amid the recent market slowdown, USDT continues to face massive sell-offs on major crypto exchange platforms. Notably, Curve’s 3pool and Uniswap V3 have been majorly affected as traders ditch the...
Crypto Expert Addresses Concerns Over PayPal’s Centralized Stablecoin
The crypto community on Twitter has taken issue with the centralized elements of PayPal’s PYUSD stablecoin. Users took a deep dive into the recently unveiled stablecoin’s smart contract and highlighted...
USDT and USDC Exchange Supply May Be Foreshadowing a Rally
The exchange supplies of USD Coin (USDC) and Tether (USDT) are relatively low according to data from the blockchain intelligence firm Santiment. In a tweet yesterday, the firm revealed that...
Tether USDT To Unveil Software to Control Popular BTC Mining Hardware
In a recent update, Paolo Ardoino, the Chief Technology Officer of the USDT stablecoin firm Tether, took to Twitter to announce the imminent completion of Tether’s development endeavor concerning Bitcoin...
Tether Stablecoin is Selling Off Over Potential Huobi Insolvency
Tether is experiencing a selloff, and Adams Cochran, a renowned business analyst, thinks the reason behind it is likely Huobi insolvency. Cochran observed Binance started selling USDT stablecoins in bulk...
Tether Strategist Calls Out Coinbase Over Rival USDC’s Yield Product
Gabor Gurbacs, a strategist and advisor for stablecoin giant Tether Holdings, has called out crypto exchange Coinbase for its recent comments regarding the yield of USD Coin (USDC). The Tether...
Tether’s Excess Reserves Top $3 Billion In Second Quarter Of 2023
Tether Holdings, the crypto giant behind the world’s largest stablecoin Tether USD (USDT), has posted an operational profit of more than $1 billion for the second quarter of 2023. The...
Tether CTO Dispels USDT Depeg Rumors Amid Discount on Binance.US
Paolo Ardoino, the Chief Technology Officer of stablecoin giant Tether, recently took to Twitter to address concerns surrounding its flagship USDT product. The issue stemmed from USDT trading at a...
USDT Boasts a Market Cap Twice the Size of Rivals Put-Together: CTO
USDT boasts a market cap three times higher than its closest competitor. Paolo Ardoino, CTO of Tether, emphasizes USDT’s dominance in the market. USDT’s daily trading volume is $29.4 billion,...
Tether Expands Reach by Launching USD₮ Stablecoin on Kava Blockchain
In a significant move that could reshape the future of decentralized finance, Tether Operations Limited (Tether) has announced the launch of U.S. dollar-pegged Tether tokens (“USD₮”) on the Kava blockchain....
Data Platform Reveals Intriguing Insights into Tether’s Recent Destabilization
Kaiko, a cryptocurrency data provider, has uncovered insights into the recent volatility surrounding Tether (USDT), the world’s largest stablecoin. The company’s analysis suggests that the destabilization of USDT’s peg to...
New York Attorney General Uncovers Tether’s Chinese Securities Link
According to Bloomberg, recently disclosed documents from the New York Attorney General’s office shed light on Tether’s involvement with Chinese securities, contradicting the company’s persistent denial of such claims. Renowned...
Whales Dump Millions of USDT, Concerns Cause USDT to De-Peg
Tether concerns are arising again as whales have recently initiated a dumping spree of USDT, causing it to account for more than 73% of the Curve 3pool. This surge in...
