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Crypto Billionaire Justin Sun Moves $196 Million in Tether To Binance – What is He Buying?
17.4.2024
Justin Sun, the founder of Tron, sent a massive amount of USDT to Binance. On April 17, blockchain investigator Lookonchain made this shocking revelation that the Tron founder transferred $196 million worth of USDT from Huobi to a Binance wallet address.
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Tether’s emergence as a key liquidity provider in crypto markets
17.4.2024
When an investment can be quickly and easily traded for other assets – typically cash – without affecting its value, it is said to be liquid. In contrast to liquid assets, which can be more difficult to trade because of a lack of market participants or other circumstances, highly liquid...
Tether Partners with Fuze to Promote Digital Asset Awareness in Turkey and the Middle East
16.4.2024
Tether has partnered with digital assets infrastructure provider Fuze to enhance education and awareness surrounding digital assets in Turkey and the Middle East.
The post Tether Partners with Fuze to Promote Digital Asset Awareness in Turkey and the Middle East appeared first on Cryptonews
Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules
16.4.2024
The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, while Tether is taking a hands-on approach to tackling fraud and money laundering
Reserve Bank of Fiji Says Crypto Not Recognised as Legal Tender
16.4.2024
The central bank of the Pacific island country of Fiji has released a note to the public cautioning that investment in cryptocurrencies and virtual assets such as Bitcoin, Ethereum, Tether are not recognised as legal tender in the country.
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Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform
15.4.2024
Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for everyone. Ardoino explained that this platform would...
Stablecoin Market Expands by $4.46 Billion in 12 Days
12.4.2024
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...
Innovations in digital wallet technology: Enhancing Tether accessibility
12.4.2024
Digital wallets have completely changed how we manage and spend money in today’s digital world. These online wallets allow users to securely store, send, and receive cryptocurrencies. Among these digital currencies, Tether is a very important stablecoin pegged to the value of traditional fiat...
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
11.4.2024
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said
Bitwise President Praises Tether’s Successful Business Model
10.4.2024
Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such...
Celo Adds Tether’s USDT as Gas Currency
10.4.2024
Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin...
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
4.4.2024
The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company
Tether (USDT) – The leading stablecoin and the backbone of the crypto economy
4.4.2024
Tether (USDT) is a stablecoin linked to the value of fiat currencies, such as the US dollar, and it is a crucial pillar in the unstable Bitcoin environment. Tether is a dependable means of exchange and store of value in the turbulent cryptocurrency market, unlike its more unpredictable peers....
Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit
3.4.2024
Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrates the robust information technology control...
Raffle Coin (RAFF) springs into Easter with a potential 50x upswing, making waves among Tether (USDT) and Polkadot (DOT) circles
2.4.2024
As the world is awaiting the Easter celebrations, the world of cryptocurrency generally is waiting with a lot of eagerness, specifically for Raffle Coin (RAFF). This token offers uniqueness in giving a 50X upswing and hence excites the imagination of both the investor and the enthusiast in...
Easter weekend sees Tether (USDT) & BNB investors set their sights on Kelexo (KLXO) presale for major growth opportunities
2.4.2024
Presales are a launchpad for visionary ideas in the blockchain world. Investors get in early, backing startups that can shake things up or offer something completely new. This financial boost helps turn dreams into reality. This Easter, Tether (USDT) and BNB holders are flocking to the Kelexo...
Tether strengthens security commitment with successful SOC 2 Type 1 Audit
2.4.2024
Tether successfully goes through the System Organization Control (SOC) Audit Type 1, turning it into a complete safety compliance business. Though it is the first stage, it speaks volumes about the attitude of the company towards safety issues. The audit comes under the gold standard category...
Intrigued by distinct exchange features, Fezoo (FEZ) becomes a top choice for Filecoin (FIL) and Tether (USDT) traders
2.4.2024
New investors are especially vulnerable to certain behaviors. Some people will attempt to sell expert courses on the art of investing and other important details related to being successful in the market. Not all of these are fraudulent, but they often give investors information they could have...
Tether Amplifies Bitcoin Holdings With Strategic 8,888.88 BTC Addition
1.4.2024
Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume. Tether’s Latest Acquisition Puts...