19 / 23 Relevant items tagged with #tether

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Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC Purchases

[May 17, 2023 4:30 PM] Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward…

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

[May 17, 2023 11:30 AM] Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession…

Tether to buy Bitcoin based on monthly net profits

[May 17, 2023 6:58 AM] Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer.

Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

[May 17, 2023 6:00 AM] The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.

Tether boasts of its financial stability after strong profits, money moved out of banks

[May 15, 2023 12:00 PM] Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism.

Tether Holds $3.4 Billion In Gold Reserves, Nears ATH Market Cap 1 Year Post Terra Collapse

[May 14, 2023 12:40 AM] Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, the stablecoin has reclaimed its stable…

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

[May 13, 2023 12:00 PM] Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of…

Tether has $1.5B in Bitcoin reserves: BDO Italia

[May 10, 2023 2:30 PM] The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.

Tether Smashes Records, $1.48 Billion Profit In Q1- Surplus Over Reserves Hits All-Time High

[May 10, 2023 1:00 PM] Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the…

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves

[May 10, 2023 10:10 AM] The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.

Xapo Bank to Enable Tether Deposits, Withdrawals

[May 9, 2023 8:40 AM] The crypto-friendly bank announced earlier in the year support for USDC services.

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

[Apr 25, 2023 10:00 AM] While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the…

Bitcoin-Tether Pair Is Most Liquid on Binance Even as TUSD Pair Sees Higher Volume

[Apr 25, 2023 6:05 AM] Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it.

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

[Apr 21, 2023 5:31 PM] Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables…

Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

[Apr 19, 2023 1:00 AM] It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending…

SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit

[Apr 18, 2023 11:30 AM] According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news…

Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction

[Apr 17, 2023 12:00 PM] Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins…

Tether market cap eyes record high after regaining 65% stablecoin dominance

[Apr 17, 2023 9:10 AM] The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.

TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token

[Apr 14, 2023 4:26 PM]

Crypto in Europe: Economist breaks down MiCA and future of stablecoins

[Apr 14, 2023 7:34 AM] A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.

Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules

[Apr 12, 2023 9:55 AM] The 2021 payment to Deltec International was originally approved by FTX's Ryan Salame.

Tether blacklists validator address that drained MEV bots for $25M

[Apr 11, 2023 3:59 AM] The co-founder of Polygon and other decentralization proponents said the move sets a bad precedent.

Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble

[Apr 6, 2023 9:28 AM] The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in demand for stablecoins.

Stablecoin Tether's Market Capitalization Nears Record High of $83B

[Apr 6, 2023 7:50 AM] Tether's market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival Tron.

Tether 'unequivocally reiterates' no exposure to Signature Bank

[Apr 5, 2023 7:15 AM] The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank.

Stablecoin issuer Tether accessed US banking system using Signature: Report

[Apr 4, 2023 3:31 PM] At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars though the bank's Signet platform.

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

[Apr 4, 2023 3:06 PM] Tokenized gold is a type of stablecoin that pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.

Tether Gained Access to U.S. Financial System Using Signature Bank: Bloomberg

[Apr 4, 2023 2:11 PM] Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank.

Stress test? What Biden’s bank bailout means for stablecoins

[Apr 2, 2023 8:13 AM] A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.

USDC Market Cap Dips By $10 Billion In 2 Weeks – Here’s Why

[Apr 2, 2023 8:02 AM] USDC has struggled to recover from the negative fallout a few weeks ago after Silicon Valley Bank’s (SVB) collapse. Investors have continued to withdraw their assets from the stablecoin despite assurances from issuer Circle about its…