Tether (USDT)
Heir to Cartier Apprehended for Laundering Money Using USDT
The DoJ has arrested Maximilien de Hoop Cartier, a direct descendant of Louis Cartier. Cartier was arrested in Miami, where he allegedly worked with a…
There is “A Lot of Noise” in the Widespread Stablecoin Data – Visa
According to Cuy Sheffield, Visa has created a dashboard for accurate stablecoins analysis. Sheffield thinks there is “a lot of noise” in the widespread stablecoins…
Tether Sets New Record With $4.52 Billion Net Profit in Q1 2024
Tether has reported a record-breaking return for Q1 2024. The firm noted that its net profit hit a record high of $4.52 billion in Q1…
Ripple Makes Waves With USDT Transition for ODL Services
Ripple's shift from XRP to USDT for ODL in the US reflects a strategic response to regulatory pressures. Ripple's Singaporean subsidiary now handles XRP sales,…
The SEC Lawsuit Forced Ripple to Replace XRP With USDT As Bridge Currency
Crypto Eri has highlighted Ripple’s use of USDT as the bridge currency in ODL transactions. According to Monica Long, Ripple switched to USDT following the…
Venezuela Boosts Cryptocurrency Use in Oil Trades Amid Sanctions
PDVSA now requires digital wallets for oil trades to avoid U.S. banking sanctions. Amid sanctions, PDVSA transitions oil sales to the USDT cryptocurrency to maintain…
Tether Makes Waves on TON Network with Seamless Payments Guaranteed
Tether's rapid expansion onto the TON network signifies enhanced accessibility and diversification for cryptocurrency users. Integration enables Telegram users to conduct fee-free cross-border payments as…
Tether’s Expands Into 4 Divisions Looking Beyond Stablecoins
Tether reorganizes to expand beyond its stablecoin, creating four divisions: Data, Finance, Power, and Edu. Tether Data focuses on AI and peer-to-peer platforms. Tether Finance…
Tether Earns $6.2B in 2023, Competes With Traditional Financial Firms
Bitwise President believes Tether performed impressively in 2023. The stablecoin company generated $6.2 billion in net income in 2023. Tether’s net income is 78% of…
Whale Alert Spots Significant Transactions Involving Tether Treasury
Whale Alert has spotted a significant transaction at the Tether Treasury. According to Paolo Ardoino, the recently minted assets represent an inventory replenishment on the…
