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Tether Will Freeze Wallets Evading Venezuelan Sanctions
24.4.2024
Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate...
Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
23.4.2024
Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports, prompted by renewed US oil sanctions, Reuters reported on Monday.
The post Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again appeared first on Cryptonews
Venezuela Looks to Tether to Bypass Sanctions: Reuters
23.4.2024
Venezuela's state-run oil company started experimenting with Tether in 2023
Tether’s worth stands at $60 million on TON blockchain
22.4.2024
TON blockchain started hosting Tether effective April 19, 2024. The volume issued was worth approximately $35 million. Almost 2 days later, the issuance has touched the massive milestone of $60 million on the said blockchain with expectations that it would soon inch closer to the giants like...
$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
22.4.2024
The world's leading stablecoin issuer Tether has made a fast start on The Open Network (TON), issuing $60 million worth of USDT since integrating with the blockchain on April 19th.
The post $60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether appeared first...
Tether Expands to TON Blockchain With $60M USDT Launch
22.4.2024
Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration also introduced the gold-pegged Tether Gold (XAUT)...
Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users
22.4.2024
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among...
Tether Officially Reorganizes, Announces Four Different Business Divisions
20.4.2024
Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four business divisions: Tether Data, focused on tech developments; Tether Finance, dedicated to...
Telegram to Introduce USDT Payments With Telegram Wallet and the Open Network
19.4.2024
Telegram and Tether are joining forces to bring users the ability to send USDT payments through The Open Network (TON) and Telegram wallet, the founders of each organization said at Token2049 in Dubai on Friday. The announcement could signal increased use of USDT amidst rising efforts by U.S....
Tether is on an unstoppable path beyond stablecoins
19.4.2024
Tether, the largest corporation in the digital asset market, has significantly contributed to the promotion of secure financial systems with its stablecoin. With the introduction of a novel framework for financially sustainable systems, they have commenced their triumphant voyage. Tether...
Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation
19.4.2024
Hong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious activities such as abnormally frequent large...
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
18.4.2024
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.)
Tether Restructures with New Divisions Beyond Stablecoin Development
18.4.2024
This strategic move by Tether includes the introduction of four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu.
The post Tether Restructures with New Divisions Beyond Stablecoin Development appeared first on Cryptonews
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.
The post Crypto Billionaire Justin Sun Moves...
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
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...
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...
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....