Tether targets ‘full financial audit’, hires Simon McWilliams as CFO

Tether has hired a chief financial officer to tackle lingering audit concerns.

Binance announces delisting deadline for non-MiCA stablecoins

Binance moves to restrict non-MiCA compliant stablecoins for EEA users, reveals delisting timeline and conversion options ahead of March deadline. Cryptocurrency exchange Binance will remove non-MiCA compliant stablecoins like Tether (USDT), First Digital USD (FDUSD), and DAI (DAI) from spot…

Stablecoins now represent over 1% of US dollar money supply, data shows

The total stablecoin supply has surpassed $221 billion, making up more than 1% of the U.S. dollar M2 money supply. Stablecoins, once a niche sector, now account for over 1% of the U.S. dollar M2 — a broad measure of…

Tether leads $10m funding round for cross-border fintech provider MANSA

Stablecoin issuer Tether backs MANSA’s $10 million funding in a bid to streamline liquidity for global payments. Cross-border fintech firm MANSA, focused on solving liquidity challenges in payments, has secured $10 million in a funding round led by Tether, with…

Tether excluded from MiCA approval as EU grants regulatory nod to 10 stablecoin issuers

The largest stablecoin issuer, Tether, has been excluded from the European Union’s latest MiCA regulation approvals, which granted licenses to 10 stablecoin providers. This move highlights the EU’s strict stance on crypto asset regulations, raising concerns about market restrictions and potential delistings of USDT within the bloc.

Ex-Tether CEO teases new stablecoin to contend USDT dominance

Reeve Collins, one of Tether’s original co-founders, plans to launch a stablecoin on Ethereum and Solana by 2025’s second half.

Tether CEO Claims Quantum Computers Could Retrieve Satoshi’s Bitcoin

Tether CEO Paolo Ardoino has suggested that advancements in quantum computing could make it possible to hack and retrieve lost Bitcoin.