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84 articles found
Latest
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments
William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.
$100M in USDT Frozen on Tron Blockchain
Established by Tron, TRM Labs, and Tether, T3 FCU has halted more than $100M in USDT stablecoins within a few months of operation.
French Hill’s Vision for Cryptocurrencies in 2025
Arkansas Representative French Hill, who will lead the Financial Services Committee in 2025, is gearing up to redefine the crypto ecosystem in the U.S.
XRP Hits New Highs: What’s Behind Ripple’s Stunning Rally?
XRP’s meteoric rise caused a stir in the crypto community. The cryptocurrency surpassed major players like Solana and Tether, even briefly securing the third spot in market capitalization. What’s driving this growth?
Tether’s Net Profit Soars to $2.5 Billion
Tether, the issuer of stablecoin USDT, reported $2.5 billion in net profit for Q3 2024. Independent auditing firm BDO confirmed that Tether’s total profit for the first nine months of 2024 reached $7.7 billion, with all declared reserves fully verified.
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Paolo Ardoino Sounds Alarm on MiCA’s Risks to Stablecoin Issuers
Paolo Ardoino, CEO of Tether, voiced apprehensions about Europe’s MiCA regulation (Markets in Crypto Assets), which he believes could pose substantial risks to stablecoin issuers.
Massive Milestone: USDT Market Cap Breaks $120 Billion Barrier
Tether’s USDT has reached a new record-high market cap of $120 billion. This increase reflects the growing demand for cryptocurrencies, with stablecoins like USDT playing a key role in providing liquidity quickly and efficiently.
MoonPay Teams Up with Ripple: XRP Now Available on the Platform
In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.
Will Tether Leave Europe? MiCA Forces a Tough Choice
Tether, the long-standing leader in the stablecoin market with USDT, faces a tough decision. New MiCA regulations are pushing the company to either adapt to stricter rules or risk being excluded from the European Union.
Tether Announces a Film to Mark Its 10th Anniversary
Tether, the issuer of the world’s largest stablecoin, USDT, is celebrating a decade of operations. In honor of this milestone, the company has announced a documentary titled "Stability and Freedom in Chaos," which focuses on USDT's role in combating national currency inflation, using case studies from countries like Turkey, Brazil, and Argentina.
Tether and Bitfinex Welcome a New Legal Chief
With Stuart Hoegner stepping down, Michael Hilliard is set to lead Tether and Bitfinex’s legal operations as the new Chief Legal Officer. Hilliard brings years of expertise and collaboration to the table.
Tether Shifts Focus: From Stablecoins to Diversified Investments
After multiple delistings of its USDT stablecoin from European exchanges, Tether is pivoting towards risk diversification and investing in promising Web3 projects.
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Tether Invests in StablR as MiCA Regulations Approach
Tether, the issuer behind USDT, has invested in StablR, a European stablecoin provider, as MiCA regulations loom. The move coincides with Tether’s decision to phase out its euro-pegged stablecoin EURT.
Tether Ends EUR₮ Operations
Citing shifts in European stablecoin regulations, Tether has announced it will stop supporting its EUR₮ stablecoin.
Will Tether Survive U.S. Pressure? Paolo Ardoino Speaks Out
On October 25, the Wall Street Journal reported that U.S. authorities have launched an investigation into Tether, the leading issuer of stablecoin USDT. In response, Tether’s CEO Paolo Ardoino issued several remarks.
Switzerland Unveils Statue of Satoshi Nakamoto
On October 25, a statue honoring Bitcoin's founder, Satoshi Nakamoto, was inaugurated in Lugano, Switzerland. The statue, crafted by Valentina Picozzi, was commissioned as part of Plan ₿—an initiative founded in partnership between Tether and the Lugano city government to foster BTC and blockchain adoption.
"Golden" Tokens XAUT and PAXG Reach New All-Time Highs
On October 18, Tether Gold (XAUT) and Pax Gold (PAXG), cryptocurrency tokens tied to the price of physical gold, reached historic highs. XAUT hit $2,715.92, according to Coingecko, while Paxos' gold-backed token peaked at $2,723.
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USDT Adoption Continues to Surge
Tether, the issuer behind the USDT stablecoin, has published a new report showcasing user statistics. The release comes shortly after the company debuted its documentary, “Stability and Freedom in Chaos: The Story of USD₮.”
Tether Targets Commodity Lending—A New Era for USDT?
Tether Holdings Ltd continues to roll out ambitious plans to broaden its influence. As a major player in the crypto market and the leading stablecoin issuer, the company is now shifting its focus towards traditional financial markets.
Tether’s Survival Plan: The Bold Strategy to Dodge MiCA's Hammer
In response to the MiCA regulations that took effect in the EU on July 1, 2024, Tether has revealed it’s working on a game-changing solution, specifically created for the European market. This bold move comes as Coinbase sets strict deadlines for compliance, with rumors swirling about a possible delisting of USDT within the European Economic Area.
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