Tether

Renowned cryptocurrency analyst Willy Woo has hinted at the possibility of a Bitcoin (CRYPTO: BTC)-backed stablecoin from Tether (CRYPTO: USDT) in the future. What Happened: In a post on Tuesday, Woo praised Tether, the company behind the world’s biggest stablecoin by market cap, for their...

Stablecoin issuing company Tether (CRYPTO: USDT) launched a new platform Monday that will allow the creation of gold-backed stablecoins pegged to the U.S. Dollar.  What Happened: The new token minting platform called Alloy By Tether will help create tokens that use Tether Gold (CRYPTO: XAUt)...

The Joe Biden administration has let the SEC go unchecked, Tether (CRYPTO: USDT) co-founder William Quigley on Friday said, has he expressed strong concerns about the current regulatory approach to cryptocurrency industry. In an interview with Benzinga, Quigley highlighted the SEC’s...

Bitdeer Technologies Group (NASDAQ:BTDR), a leader in Bitcoin mining and AI cloud solutions, received a $100 million investment from Tether International Limited. This substantial capital injection positions Bitdeer for substantial growth in the Bitcoin mining sector. Details of the Investment The...

In a strategic move to broaden its reach beyond stablecoins, Tether (CRYPTO: USDT), the world’s largest stablecoin creator, has announced a reorganization into four divisions. What Happened: Tether has formed four divisions to reflect its expanding focus and interest in sectors beyond its...

Andrey Zverev, a self-proclaimed Russian smuggler, has been using Tether (CRYPTO: USDT), a popular cryptocurrency, to facilitate transactions for procuring high-tech equipment and weapons parts, helping Russian companies bypass Western sanctions. What Happened: Zverev, a middleman for Russian...

Tether’s (CRYPTO: USDT) fourth-quarter attestation report recorded significant profits, with a substantial portion coming from the company's gold and Bitcoin holdings. The stablecoin issuer is looking forward to a promising 2024. What Happened: Tether reported a profit of $...

A blockchain monitoring and analytics platform said that Tether (CRYPTO: USDT) Treasury has generated an additional 1 billion USDT tokens. What Happened: The event was logged on the Ethereum (CRYPTO: ETH) network and represents a sizable expansion to Tether’s existing supply. Tether CEO Paolo...

Creating a strong foothold in the stablecoin market, Tether (CRYPTO: USDT) is now looking to enter the Bitcoin mining space with a significant investment. In the past year, Tether's market cap has grown by 32.7%, reflecting its prominent presence in the cryptocurrency market. What...

A Chinese court near Chongqing sentenced 21 people for online fraud, CoinDesk reported. Two defendants with surnames Jiang and Zheng employed 19 other money mules used decentralized wallet Bitpie to move $307 million in Tether (USDT) to local P2P exchanges on virtual currency platforms for Renminbi...

Circle’s loss may prove to be Tether’s gain as the former ceased support for stablecoin USDC. Separately, Tether accounted for its highest cash reserves. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, ...

While Brazil sees higher acceptance of USDT, other Latin American nations like Argentina have bigger appetites for Maker’s DAI. This insight into crypto preferences comes as the market booms in anticipation of the potential approval of a spot Bitcoin ETF. Industry titans ...

While Honda Motor Co Ltd (NYSE: HMC) announced the expansion of its payment options covering almost 46 cryptocurrencies in early October, the reality was that consumers could only use these cryptocurrencies to purchase automobiles through a third party, FCF Pay. The...

After a year of pause on advancing Tether (CRYPTO: USDT) stablecoin loans to customers, Tether Group has initiated lending again after receiving multiple short-term loan inquiries in Q2 2023, according to The Wall Street Journal. The company believes that this will protect its long-term...

The Drug Enforcement Administration (DEA) has reportedly been deceived by a common cryptocurrency scam, resulting in a loss of more than $50,000 in cryptocurrency that had been seized during a three-year investigation into the use of virtual currency for laundering suspected drug proceeds. What...