2023-11-20 18:16 |
The funds seized by Tether were linked to a “pig butchering” scam that cost U.S. citizens $3.3 billion in 2022, according to the FBI. origin »
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Sanctioned crypto exchange Garantex has shut down its services shortly after Tether froze nearly 2.5 billion in worth of USDT in Russian rubles. Russia‘s largest and sanctioned cryptocurrency exchange Garantex has temporarily shut down all of its services after Tether…
In two X posts published on March 2 and March 3, respectively, Tether CEO Paolo Ardonio shared his plan for solving the electricity hunger in Africa. What’s his plan, and why does Africa have a special meaning for Tether? Ardonio’s…
Tether has hired a chief financial officer to tackle lingering audit concerns.
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…
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…
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…
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.