9 / 22 Relevant items tagged with #Tether
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Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?
[May 18 7:00 AM] According to data from CoinMarketCap, Bitcoin rose by 2.9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in…
Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K
[May 17 11:21 AM] Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024.
Kraken considers dropping USDT in Europe ahead of new regulations
[May 17 11:11 AM] With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoins listing.
Tether, TON team up with mobile app for USDT-to-fiat transactions
[May 16 7:00 AM] The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT.
Chinese police bust $1.9B USDT underground banking racket
[May 16 2:00 AM] The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
Deutsche Bank joins Singapore's asset tokenization project
[May 14 6:29 AM] Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
Tether freezes $5.2M in USDT linked to phishing scams
[May 14 2:48 AM] Since it launched, Tether has frozen over $1 billion worth of assets linked to illicit activities after requests from law enforcement agencies.
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
Tether discredits Ripple CEO comments over U.S. scrutiny
[May 13 3:51 AM] Tether has highlighted its compliance efforts after Ripple's CEO said the U.S. government has its sights set on USDT.
It’s ‘clear’ the US government is going after Tether: Ripple CEO
[May 12 11:03 PM] 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
Tether slams Deutsche Bank over suggestion its stablecoin could fail
[May 9 7:58 PM] 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.
Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder
[May 9 7:12 AM] 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.
Stablecoin Surge: Tether's Headroom for Growth
[May 8 10:00 AM] The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Tether scales crypto payments in Eastern Europe with new investment
[May 8 8:09 AM] The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.
Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money
[May 7 11:37 AM] 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…
What Visa’s ‘Organic’ Stablecoin Report Misses
[May 7 11:14 AM]
Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report
[May 6 12:48 AM] 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.
Could stablecoin volumes overtake Visa this quarter?
[May 5 10:34 PM] Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa's head of crypto doesn’t agree.
USDC overtakes USDT: Compliance is key to stablecoin dominance
[May 3 7:01 AM] Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market.
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
[May 2 8:18 PM] 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…
Chainalysis will help Tether monitor secondary market for illicit activity
[May 2 2:48 PM] The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information.
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
[May 2 12:51 PM] The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?
[May 2 7:45 AM] Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.
Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1
[May 1 3:00 PM] Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement for the first quarter of 2024, accompanied by a report conducted by independent accounting firm BDO. …
Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and gold
[May 1 6:31 AM] The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.
Tether Invests $200 Million in Blackrock Neurotech, Launches Evo Division
[Apr 30 8:38 PM] Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the…
USDC Beats USDT In Transaction Volume By Over 400% – Details
[Apr 30 2:50 AM] The seemingly unshakeable reign of Tether (USDT) as the king of stablecoins faces a new challenger. Circle’s USD Coin (USDC) has pulled off a surprise victory, recording a higher transaction volume than Tether in April 2024, according to…
US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
[Apr 29 7:41 AM] The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.