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Tether Launches Tether Edu, Expands Educational Initiatives in Emerging Markets
6.2.2024
Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses and hybrid programs in blockchain, artificial...
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 Leads Crypto Mobile App Oobit’s $25 Million Series A Funding
5.2.2024
Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
5.2.2024
The round also included participation from Anatoly Yakovenko, the co-founder of Solana
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
5.2.2024
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said
Tether emerges as a profitable stablecoin titan with educational goals
2.2.2024
Tether has emerged as a leading stablecoin, as evidenced by the highlights of its latest quarterly attestation. Also, its native ecosystem is leaping forward with Tether Edu, an educational initiative that will be available to people across the world. The rise is noteworthy, considering the crypto...
Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets
1.2.2024
In 2023, Tether saw its assets approach the $100 billion mark, following a $6.2 billion profit according to the company’s Q4 attestation report released on January 31. The financial surge, detailed in Tether’s latest financial statements, reflects a strategic allocation of assets....
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
1.2.2024
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid...
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
31.1.2024
The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation
Stablecoin Market Cap Climbs $4.85 Billion in 30 Days; USDT, USDC, FDUSD Spearhead Growth
31.1.2024
In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in their supplies, with increases of 4.8% and 7.2%...
First Round of Speakers for TOKEN2049 Dubai Revealed
30.1.2024
PRESS RELEASE. Dubai, UAE — TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024. The first round of the event’s speaker lineup has been made public. The list...
Report: US Crypto Startup Seeks to Launch an Interest-Bearing Stablecoin
24.1.2024
A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC. Figure Technologies’...
Tron Refutes UN Study Findings Linking TRC-20 USDT to Bad Actors
20.1.2024
The Tron Decentralized Autonomous Organization (DAO) has rejected a United Nations assessment which suggested that bad actors are behind most tether transactions facilitated via its protocol. It also sees its over 50% share of the USDT stablecoins in circulation as a “testament to...
In Search of Financial Freedom: The Answer Lies With Bitcoin, Not Stablecoins
19.1.2024
3 Best Cryptos To Buy for a Gold and Commodities Portfolio in 2024
19.1.2024
Best cryptos to buy like Bitcoin, Tether Gold, and Bitcoin Minetrix stand out as potential portfolio additions in 2024 as digital assets are becoming mainstream. Image by Kerem Goktug Kaya, DALL-E 3. The digital asset market has seen astronomical growth over the past few years, with...
Report: USDT-Issuer Tether Purchased 8,900 BTC, Worth $380 Million
18.1.2024
Source: AdobeStock The world’s largest stablecoin issuer, Tether, has reportedly expanded its Bitcoin holdings by acquiring an additional 8,888 BTC. This latest purchase cost a whopping $380 million. You cannot overstate how crucial this is for Bitcoin price discovery. Tether is earning ~$1bn/Q...
Tether Market Cap Nears $95 Billion; Promising Outlook for Aave and InQubeta Gains
18.1.2024
The introduction of stablecoins into the crypto landscape has proven useful, although some haven’t been as stable as the name implies. Tether (USDT) is one such company that creates stablecoins, and is the most popular stablecoin in the world. The recent USDT creation of one billion tokens...
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
18.1.2024
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin
Does Howard Lutnick Know ‘the Truth’ About Tether?
17.1.2024
Speaking at Davos, the Cantor Fitzgerald CEO says the stablecoin issuer has the money to back USDT. Maybe it’s time we all started to believe in Tether, despite the “truthers”?