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Number of Stablecoin Holders Nears 100M Mark, Data Show
24.4.2024
The number of addresses holding stablecoins has risen 15% this year
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Tether’s bank partner Britannia sued over $1B deposit — Report
21.11.2023
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
20.11.2023
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam
Tether plans major expansion into BTC mining with $500M investment: Report
16.11.2023
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push
Stablecoin firm Tether minted 4B USDT in 4 weeks: Data
13.11.2023
Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023
Tether issues $610M debt financing to Bitcoin miner Northern Data
2.11.2023
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives
Tether Will Publish Reserve Data in Real Time in 2024: Report
20.10.2023
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry's largest dollar-pegged stablecoin, according to a Bloomberg report
Tether stablecoin firm appoints CTO Paolo Ardoino as CEO
13.10.2023
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said
PayPal is "Highly Unlikely" to Become a Dominant Player in Stablecoin Market: Tether Co-founder
6.10.2023
William Quigley, one of the co-founders of Tether (USDT), believes PayPal's stablecoin won't achieve notable adoption, particularly outside the United States.
"It is highly unlikely that PayPal will play a dominant role in the stablecoin market, certainly not outside of the US," Quigley said in...
Tether Treasury receives two $50M USDT lump sums from Bitfinex
2.10.2023
Two transactions showed lump sums of $500,000,000 in USDT being transferred from Bitfinex to the Tether Treasury only a few minutes apart
Tether maintains $3.3B in liquidity cushion: USDT transparency report
25.8.2023
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
15.6.2023
The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool
Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
12.6.2023
This was Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion
Tether Stablecoin Recoups Lost Market Value in 2022 Crash, Topping $83.2 Billion
1.6.2023
Tether, the largest stablecoin in the market, has seen its market capitalization hit a new record high, exceeding $83.2 billion.
The stablecoin, which is pegged at one-to-one with the U.S. dollar and is backed by reserves of cash and cash-equivalent assets, has recovered the $20 billion in market...
Tether moves into Bitcoin mining in Uruguay
30.5.2023
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar
Tether Plans Bitcoin Mining in Uruguay
30.5.2023
Tether is launching bitcoin mining in Uruguay.
Tether, the company behind the largest stablecoin by market cap, said the move “showcases” its commitment to energy innovation and the future of crypto, in an announcement on Tuesday. ...
Read More: Tether Plans Bitcoin Mining in Uruguay
Tether market cap eyes record high after regaining 65% stablecoin dominance
17.4.2023
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
6.4.2023
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
24.3.2023
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis