Search
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
14.5.2024
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply...
Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT
13.5.2024
Tether CEO Paolo Ardoino fired back at Ripple after the company’s CEO alleged the US government is going after USDT.
The post Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT appeared first on Cryptonews
It’s ‘clear’ the US government is going after Tether: Ripple CEO
13.5.2024
Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an "interesting one to watch."
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
12.5.2024
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
11.5.2024
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
10.5.2024
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing...
Tether slams Deutsche Bank over suggestion its stablecoin could fail
10.5.2024
Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines
Tether payment solutions expands to Eastern Europe
9.5.2024
Tether, the biggest company in the digital asset market, will strengthen its presence across Eastern Europe with a supplementary investment into CityPay.io. This top-rated payment company has a presence in more than 2,000 locations across Georgia, and Tether is the first stablecoin investing...
Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder
9.5.2024
Stablecoins like Tether do not offer interest yields right now, but with tokenized fiat, that could be possible one day, co-founder William Quigley said
Tether Boosts Crypto Payments in Eastern Europe with Investment in CityPay.io
9.5.2024
Tether officially declared its injection of additional investment into CityPay.io, a platform enabling users to make payments at various establishments, including Wendy’s and Radisson Hotels, using cryptocurrencies like Bitcoin.
The post Tether Boosts Crypto Payments in Eastern Europe with...
Tether scales crypto payments in Eastern Europe with new investment
8.5.2024
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan
South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial
8.5.2024
Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal.
The post South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial appeared first on Cryptonews
Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money
7.5.2024
Maximilien De Hoop Cartier, a descendant of the family famous for their French luxury goods Cartier, has been indicted for his participation in a network that allegedly used several shell companies to launder drug trafficking money proceeds using USDT. Cartier and five Colombian individuals...
Cartier Jewelry Heir Busted for Laundering Money with Crypto
6.5.2024
An heir to the Cartier empire was arrested last week by the US Justice Department (DoJ). He was accused of utilising Tether's USDT stablecoin to launder the proceeds of drug trafficking. The charges indicate a unique convergence of powerful individuals and cryptocurrency-related criminal...
Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report
6.5.2024
Less than 10% of stablecoin transaction volumes are organic or come from real people, according to new findings by Visa and data platform Allium Labs, Bloomberg reported
USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks
3.5.2024
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply....
Tether teams with Chainalysis for advanced market watch
3.5.2024
Tether, a significant operator in the crypto industry, recently took action to ensure more security and transparency in the digital asset sector. The firm has made a deal with Chainalysis, which is well-known and is developing a very coherent and multi-dimensional solution to track secondary market...
USDC overtakes USDT: Compliance is key to stablecoin dominance
3.5.2024
Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market
Tether Partners With Chainalysis to Monitor Transactions and Combat Illicit Activity
3.5.2024
Stablecoin issuing firm Tether said it has teamed up with the blockchain data platform Chainalysis to monitor secondary market activity and combat illicit activity.
The post Tether Partners With Chainalysis to Monitor Transactions and Combat Illicit Activity appeared first on Cryptonews
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
3.5.2024
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether...