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Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
13.9.2024
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations
Consumer protection watchdog warns about Tether's reserves
12.9.2024
According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating
USDC issuer Circle adds Arbitrum to Web3 platform
12.9.2024
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT
State Regulator Warns of Crypto Fraud After Investor Loses $750K
11.9.2024
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly growing to $1.4 million, the investor faced continuous...
Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime
10.9.2024
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce...
PayPal's PYUSD stablecoin hits $1B market cap
26.8.2024
PYUSD competes with rivals such as Circle’s USDC and Tether's USDT
PayPal’s PYUSD stablecoin hits $1B market cap
26.8.2024
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT
Tether shuns blockchain launch, cites market concerns
23.8.2024
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms
Tether to Launch USDT Stablecoin on Aptos Blockchain
20.8.2024
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for...
Tether mints another $1B USDT on the Tron network
20.8.2024
Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion
Tether Plans Move to Aptos Blockchain for Low Cost Transactions
19.8.2024
Tether has announced plans to launch its USDT tokens on the Aptos Network blockchain. The stablecoin issuer is…
Tether expands USDT to Aptos blockchain for lower fees
19.8.2024
Tether's USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees
Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
16.8.2024
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC
Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East
14.8.2024
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion....
Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
12.8.2024
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.”...
Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network
11.8.2024
Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled...
Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff
10.8.2024
The assets in question were evidently given to Tether as collateral
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
9.8.2024
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin...
Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?
9.8.2024
The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder's realized price
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...