Tag: Tether

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New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Di [...]
USDT Issuer Tether Reports $2.5B Profit in Q3, Holds Over $100B Exposure to U.S. Treasuries

USDT Issuer Tether Reports $2.5B Profit in Q3, Holds Over $100B Exposure to U.S. Treasuries

Tether Investments, the group's venture arm that manages Tether's growing foray into energy, mining and artificial intelligence, had a net equity valu [...]
U.S. Treasury Advisory Panel Says Tokenization Could Be Big, Warns On Tether (USDT)

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, Warns On Tether (USDT)

Any potential CBDC issued by the Federal Reserve would be managed by private-sector banks, Fed officials have said, meaning some of the institutions r [...]
Trump Preparing to Release New Stablecoin – FX Leaders

Trump Preparing to Release New Stablecoin – FX Leaders

Trump Preparing to Release New Stablecoin  FX Leaders www.fxleaders.com [...]
Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'

Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'

The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said i [...]
Tether denies being under investigation

Tether denies being under investigation

Paolo Ardoino, the CEO of the crypto firm Tether stated the business was not under investigation by US federal authorities. The statement follows a cl [...]
Bitcoin Price (BTC) Down 2% on Tether Criminal Probe Report

Bitcoin Price (BTC) Down 2% on Tether Criminal Probe Report

Earlier in the session, crypto prices had been on the rise, with bitcoin (BTC) nearing the $69,000 level and perhaps readying for a late-day or weeken [...]
Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian’s Director

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian’s Director

We have the unique competitive advantage here on a couple fronts. Number one, we have a truly diversified jurisdictional and geographic control of the [...]
Tether (USDT) CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Tether (USDT) CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

"There is no place like the U.S.," he said via video link at DC Fintech Week in Washington. "I think it's very, very important that sensible crypto re [...]
USDT users reach 330 million

USDT users reach 330 million

Tether’s USDT user growth experienced its peak quarter in Q3 and has risen by 9% on average over the previous twelve months, boosting the company’s po [...]
Ripple unveils a new stablecoin

Ripple unveils a new stablecoin

Ripple unveiled a stablecoin tied to the US dollar, hoping to disrupt  the evolving digital market where the top two incumbents(Tether and USDC) contr [...]
Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction

Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction

With the tacit blessing of Tether, as well as an alleged agreement to provide “legal cover” for the coup, Swan claims, in mid-July Zagary began to “so [...]
Tether-Issued Stablecoin USDT’s Market Dominance Surges as Market Cap Surpasses $118B

Tether-Issued Stablecoin USDT’s Market Dominance Surges as Market Cap Surpasses $118B

Stablecoins, cryptocurrencies whose price is meant to be pegged to a real-world asset such as a national currency or gold, are key pieces of plumbing [...]
England and Wales High Court of Justice Court Considers Stablecoin Tether USDT as Property in Case

England and Wales High Court of Justice Court Considers Stablecoin Tether USDT as Property in Case

The case was brought by Fabrizio D’Aloia, who said he was the victim of a cryptocurrency scam, and relates mainly to crypto exchange Bitkub, named as [...]
Tether (USDT) Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved

Tether (USDT) Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved

"Tether plays a significant role in the current and future development of the digital economy and U.S. dollar hegemony," Spiro, who also ran governmen [...]
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