Tether (USDT)
Crypto Founder Says Big US Banks Are a Threat to Stablecoin Issuers
Big banks’ influx into the stablecoin market could spell an end for stablecoin issuers. Stablecoin issuers like Tether rely on banks for custody of their funds and business. Arthur Hayes...
Tether Introduces New Initiative To Promote Stablecoin Adoption
Martin Folb, a cryptocurrency influencer going by the alias MartyParty, believes a recently announced regulatory initiative by Tether would benefit the stablecoin ecosystem. According to Folb, the initiative will bring...
Tether’s Profit in Bitcoin Holdings Surges Past $1 Billion: Report
Tether, the blockchain-enabled platform and issuer of USDT stablecoin, has reportedly acquired a profit of over $1.1 billion from its Bitcoin holdings. The remarkable surge in BTC price over the...
Whale Withdraws Another 96M USDT From Treasury: On-Chain Analysis
Lookonchain, the on-chain activity monitoring platform, revealed in an X post today that a whale withdrew another 96 million Tether (USDT) from the Tether Treasury. Following this latest withdrawal, the...
Stablecoin Giant Tether Seeks to Be Major Bitcoin Miner, Pledges $500M
Paolo Ardoino, the incoming chief executive officer of Tether Holdings, the issuer of $87 billion USDT stablecoin, has disclosed the company’s ambitious plan to establish itself as a significant player...
Binance Impounds 94% of $12.5M Funds Stolen from Abducted Execs
Binance CEO exposes a distressing incident where executives were kidnapped during a fake business trip. The abducted executives were forced to empty their crypto wallets. Binance’s quick response led to...
High USDT Volume on Tron: Insights From Tether CTO
In a recent interview with Scott Melker, AKA the Wolf of All Streets, Tether CTO Paolo Ardoino spoke about the surprising volume of Tether’s stablecoin USDT on the Tron blockchain...
NEAR CEO Rejects Wintermute’s 11.2M USN Token Swap for USDT Request
NEAR Foundation CEO Illia Polosukhin revealed that the organization had denied a request from crypto market maker Wintermute to exchange 11.2 million USN stablecoins for USDT. The revelation was first...
Regulators in Brazil Keep Watch on USDT as Trade Volume Soars
In a recent report, regulators in Brazil have noted the rapid rise in USDT’s trading volume in the country. According to Brazil’s Federal Reserve, monthly surveys conducted since 2019 indicate...
US Lawmakers Seek DOJ Investigations into Binance and Tether
Tether responds that it had collaborated with 31 law enforcement agencies across 19 jurisdictions. U.S. lawmakers have urged the Department of Justice (DOJ) to open criminal investigations into Binance and...
Bitfinex Securities Enters Bond Market With $84B-stablecoin USDt
Leading digital asset broker Bitfinex Securities has recently announced the coming of a new tokenized bond, Alternative (ALT2611), denominated in the largest stablecoin, Tether USD (USDt). Bitfinex Securities proclaimed the...
Tether USDT Frontman to Inherit $84B Third-Largest Crypto Project
Paolo Ardoino, the Chief Technology Officer of the USDT stablecoin firm Tether, is about to become a more prominent figure in the crypto industry come December this year. In particular,...
Crypto Influencer Calls Out Tether CTO Paolo Ardoino Over USDT
Not Tiger Global, a crypto influencer on X (formerly Twitter), recently called out Paolo Ardoino, the chief technology officer at stablecoin giant Tether. The influencer highlighted Ardoino’s recent attempts to...
USDT Exchange Inflow Volume (7D MA) Drops to 1-Month Low
The on-chain tracking platform Glassnode Alerts revealed in an X post earlier today that there has been a drop in the amount of Tether (USDT) that has flowed onto exchanges....
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...
