Ripple has published a blog post to introduce several key aspects of fiat-backed stablecoins such as their valuation and regulatory progress amid the recently launched RLUSD. According to the post,…
Browsing: Tether
Tether earned $6.2 billion last year, with most profits coming from US Treasuries, but faces challenges with Fed rate cuts. Tether’s collaboration with TRM Labs and Tron helped law enforcement…
The T3 Financial Crime Unit (T3 FCU) combines TRM Labs’ anti-financial crime expertise with Tron’s technology and Tether’s investigative capabilities. Ahead of its official launch, the T3 FCU successfully collaborated…
Paolo Ardoino’s leadership has propelled Tether into a dominant role in financial inclusion and innovation across emerging markets. Ardoino envisions Tether as a tech powerhouse, reshaping global finance through stablecoin…
Wyoming’s new stablecoin could challenge Bitcoin and Tether by offering a transparent, fully-backed digital currency. This initiative positions Wyoming as a leader in U.S. digital currency innovation, potentially setting the…
SMQKE argues that XRP could surpass Bitcoin and Ethereum after Tether’s lack of sufficient reserves gets exposed. Citing a Bank of France research paper, the analyst mentioned that XRP is…
Tether will launch USDT on the Aptos Network, enhancing accessibility with low fees and advanced blockchain technology. Tether’s Q2 2024 profit was reinvested in strategic projects, including a record $97.6…
Tether (USDT) makes a strong positive financial move, building on its historic $5.2 billion net profit in Q1 2024 to record a net operating profit of $1.3 billion in Q2…
China and Russia are exploring the use of stablecoin to expand their crypto exposure and complement their CBDCs to establish an autonomous financial system to operate outside the sanctions. The…
Tether is often diversifying its investments with Celsius Network and Volcano Energy among the most pronounced. The firm escaped losses with Celsius bankruptcy by liquidating its Bitcoin collateral. Tether, the…
Tether and Uquid partner to enable USDT payments for social security contributions in the Philippines. The integration of USDT on the TON blockchain aims to streamline and secure social security…
The Tether USDT market dominance fueled by mass adoption on the Tron (TRX) network has threatened to dethrone Visa in global digital payments. The notable adoption of USDT on the…
Tether invests $18.75 million in XREX Group to boost financial inclusion and facilitate USDT-based cross-border payments. Tether’s investment in XREX comes amidst an impressive growth and restructuring efforts. In a…
Tether collaborates with TON and Oobit to enhance cryptocurrency utility for seamless transactions. Introduces USDT and XAUT on TON’s blockchain, linked with Telegram for accessible P2P transactions. Following recent investments…
Tether CEO Paolo Ardoino refutes claims by Ripple’s Brad Garlinghouse about US government actions against USDT. Ardoino emphasizes USDT’s crucial role in financial inclusion and stability in emerging markets. In…
Tether has partnered with Chainalysis to monitor transactions of the market-leading USDT stablecoin on secondary markets as regulators pile pressure on stablecoin issuers. Chainalysis is expected to sound the alarm…
Tether is forming a new framework that signals a focus on AI, finance, mining, and education with an interest in becoming a financial powerhouse. The stablecoin issuer has launched different…
Tether has extended its dominance in the crypto market with a $5.25 billion jump in capitalization. This growth surpasses the approximately $4 billion raked in by spot Bitcoin ETF products.…
OKX delists USDT for EU users amidst tightening regulations, signaling potential challenges for stablecoin operations. Despite the delisting, OKX aims to enhance euro-denominated liquidity in Europe, focusing on euro-to-crypto spot…
Tether’s USDT becomes the first stablecoin to surpass $100 billion in market cap, dominating the stablecoin market. Tether is innovating with a blockchain recovery tool to ensure USDT’s security and…