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Nalezeno "tether": 2945

Power Cuts: Tether Owes Nearly $5 Million in Energy Bills to Uruguay


Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether...

Stablecoin Sector Smashes Past the $290 Billion Milestone


On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in fresh capital over the past week. From USDT to RLUSD, Every Fiat-Pegged Token Joins the $290B Stablecoin Party...

Tether Taps Anchorage Digital to Roll out USAT Under Federal Charter


According to the stablecoin giant’s latest announcement, Tether tapped Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a move both firms pitch as a federally supervised template for U.S. dollar tokens. Tether, Anchorage Digital Pair up on U.S.-Focused USAT Anchorage...

Stablecoin Market Hits Fever Pitch With $290 Billion in Play This Week


According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector...

From USDT to USAT: Tether Maps a Stateside Playbook


Tether plans a new chapter in dollar-linked tokens, unveiling USAT—a planned U.S.-regulated, dollar-backed stablecoin—and naming Bo Hines as CEO-designate of Tether USAT. Tether’s Next Act: A U.S.-Regulated Dollar Token Called USAT Framed as a U.S. product from day one, USAT will target businesses...

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