2024-6-18 15:47 |
Stablecoin issuer Tether has announced the launch of a new asset class backed by Tether Gold in a bid to enhance value consistency and stability. Tether is expanding its list of stablecoins with a new asset class aimed at enhancing… origin »
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Tether CEO Paolo Ardoino revealed that the company would launch a new class of digital asset products on June 17. He wrote on social media platform X: “After a year of hard work, Tether will unveil its new class of digital assets products on Monday 17th June.
2024-6-13 20:45 | |
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A Kraken executive denied the exchange plans to delist Tether’s USDT stablecoin in Europe on May 18. Global Head of Asset Growth & Management Business Mark Greenberg said the company is examining “all options to offer USDT under the upcoming regime.
2024-5-21 22:53 | |
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Kraken is exploring all options to continue offering USDT for EU customers. Mark Greenberg, Kraken’s Global Head of Asset Growth and Management, confirmed this via a post on X. Kraken is not looking to end support for Tether (USDT) in the European Union, a company official has confirmed.
2024-5-19 16:01 | |
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Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
2024-5-14 15:29 | |
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Tether, the largest company in the digital asset industry, has announced a strategic investment of $200 million into Blackrock Neurotech, a leading pioneer in Brain-Computer-Interface (BCI) technology.
2024-4-29 18:45 | |
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According to an S&P report, a bipartisan stablecoin bill may give banks an advantage over other institutions and incentivize competition in the digital asset custody business.
2024-4-25 23:31 | |
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Tether unveils new divisions dedicated to AI, Bitcoin mining, finance, and education, marking an expansion of its digital asset services. The post Tether launches new departments with fresh focus on AI, finance, Bitcoin mining and education appeared first on Crypto Briefing.
2024-4-18 18:52 | |
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William Quigley – the cofounder of Tether finds it conceivable for Bitcoin to hit $300,000 after the halving event scheduled for April or May of 2024. Quigley shares his view on Bitcoin Quigley sees BTC as an asset whose demand is almost entirely based on sentiment.
2024-3-5 15:36 | |
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Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserve starting next year, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024 appeared first on CryptoSlate.
2023-10-21 17:45 | |
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Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserves in the future, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency appeared first on CryptoSlate.
2023-10-21 17:45 | |
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According to the latest data, a highly strategic crypto whale has caught the attention of market analysts and enthusiasts alike. Just a few hours ago, this unidentified investor deposited 36 million USD in Tether ($USDT) into Binance according to the data from on-chain analyst Lookonchain.
2023-9-5 11:44 | |
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Stargate, the top native asset bridge and omnichain liquidity layer with a lifetime transaction volume of over $18 billion, has been deployed on Kava Chain, the Cosmos-Ethereum interoperability Layer 1.
2023-8-29 14:39 | |
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Tether (USDT) recently lost its peg to the U.S. dollar. Although USDT is the most valuable stablecoin by market cap, the market turbulence did not spare the asset. Last week, USDT depegged below $1 and stayed below the $1 peg for the longest time since the collapse of FTX, before making a recovery at the […]
2023-8-15 22:30 | |
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According to a press release, payment company PayPal launched a U.S.-backed stablecoin called PayPal USD (PYUSD). The digital asset is supported by short-term US treasuries and their cash equivalents, and other assets in the nascent sector, such as Tether (USDT) and USD Coin (USDC), are redeemable on a 1:1 parity for its underlying. Related Reading: […]
2023-8-7 16:52 | |
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Quick Take Over the past few weeks, there have been noticeable discrepancies in the asset prices on Binance U. S. This issue has come to the forefront due to the abnormal trading rates of Bitcoin (BTC) and Tether (USDT), two of the major cryptocurrencies on the platform.
2023-7-10 12:02 | |
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Binance, the leading cryptocurrency exchange, has recently unveiled its eighth asset reserve certificate, shedding light on the changes in user deposits. The snapshot, taken on July 1st, exposes noteworthy adjustments in the holdings of Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Tether (USDT).
2023-7-9 11:47 | |
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One of the most prominent trends in the digital asset space over the last year has been an evaporation of liquidity. On the one hand, price charts may suggest that the picture for crypto is far rosier today than it was in November, when Bitcoin hit $15,500 in the aftermath of the FTX collapse.
2023-6-29 12:07 | |
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Bitfinex, a prominent digital asset trading platform, has announced the launch of a new peer-to-peer (P2P) platform, dubbed Bitfinex P2P. The platform, which will initially target markets in Venezuela, Argentina, and Colombia, enables customers to directly trade Bitcoin (BTC), Tether tokens (USDT and EURT), Tether Gold (XAUT), and Ethereum (ETH) while facilitating payments outside of […] The post Bitfinex unveils peer-to-peer trading platform for Latin American markets appeared first on CryptoSlate.
2023-6-27 18:01 | |
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According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD) – has been experiencing a consistent decrease.
2023-6-9 22:00 | |
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Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
2023-3-24 13:02 | |
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Tether Holdings, organization behind most prominent stablecoin, reported significant boost to reserve that supports globally traded digital asset USDT
2023-2-9 19:13 | |
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Coinspeaker Tether Plans to Eliminate Secured Loans Held in Its Reserve in 2023 By a very large margin, Tether comes off as one of the top three companies operating as a Virtual Asset Service Provider (VASP) that receives a constant attack from mainstream media per its reserve.
2022-12-15 15:07 | |
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Crypto assets like the Bitcoin (BTC), altcoins like Ethereum (ETH) and stablecoins such as Tether (USDT) are riding the momentum brought about by some positive news involving these asset types over the last few days.
2022-11-2 09:15 | |
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Tether, the firm behind USDT, the largest stablecoin made some key changes to its asset reserves. On 3 October, Chief Technology Officer (CTO) Paolo Ardoino informed the Tether community about the chaThe post This Tether update may finally bear some good results in the weeks to come appeared first on AMBCrypto.
2022-10-5 23:30 | |
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Far from facilitating crime, stablecoins like Tether and USDC are increasingly useful for fighting it, says a leading white collar investigations lawyer.
2022-9-13 17:39 | |
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Lawyer Kyle Roche previously withdrew as counsel on several crypto class-action lawsuits, including the Tether and Bitfinex Crypto Asset Litigation.
2022-9-8 08:38 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, digital asset markets tank as Fed Chairman says significant interest rate rises are coming, progress on bipartisan crypto bills are paused because of upcoming US midterms, and Tether announces a new monthly reporting schedule.
2022-8-29 15:01 | |
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Following the collapse of Terra and its ecosystem, there is a considerable reduction of confidence in stablecoins, especially Tether. Most participants in the crypto space have increased doubts about the level of stability with stablecoins.
2022-8-20 14:30 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, the digital asset markets deal with more firms facing liquidity challenges, traders attempt to short Tether, and Cardano's Vasil Hard Fork is delayed.
2022-7-4 05:00 | |
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USDT issuer Tether is shifting its reserves away from commercial paper to low-risk U.S. treasury bills. Tether Cuts Paper Asset Reserves Tether is reducing its commercial paper reserves. The USDT...
2022-7-2 20:53 | |
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Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso.
2022-6-23 16:53 | |
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The asset will also be available on 12 other networks, including Ethereum, Solana and Polkadot, among others.
2022-6-10 14:59 | |
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Tether tokens have now launched on the Kusama network (KSM/USD). At launch, the Tether token will be used to power transactions on Kusama’s Statemine parachain under asset ID 1984, Invezz learned from a press release.
2022-4-14 17:00 | |
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In spite of being a controversial asset whose backing has often been questioned, Tether [USDT] was the third biggest crypto by market cap at press time, with more than $82 billion to its name. Adding The post What USDT returning to the exchanges tells us about the state of altcoins this week appeared first on AMBCrypto.
2022-4-5 22:30 | |
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The National Digital Asset Exchange (NDAX) is a Canadian cryptocurrency exchange. It offers trading services for all major digital assets such as Bitcoin, Ethereum, Litecoin, XRP, Cardano, and even stablecoins like Tether.
2021-12-15 14:53 | |
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Tether’s top executive says that the volatility faced by Bitcoin is largely due to the investors testing the waters of the crypto. He says that other factors involved include the fact that the asset is still in its infancy.
2021-12-10 15:28 | |
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Tether’s circulating supply has increased to $76 billion as the team minted an additional $3 billion worth of the asset during the last 2 weeks, and most notably $1 billion of those new coins were minted on Tron Network on December 4.
2021-12-7 21:30 | |
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Solana has embarked on another splendid run that brings it within firing range of its all-time high. The asset managed this feat by climbing by a staggering 15% in under 24 hours. Tether and Cardano could be flipped by Solana if the fine form continues.
2021-10-25 23:49 | |
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Cardano has begun another rally that has positioned it comfortably above $2. This recent change comes after the digital asset had taken a beating down over the past few weeks that has placed it in a continuous downtrend.
2021-10-1 16:30 | |
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Every sector within the digital asset industry saw significant growth in 2021. This included developments in DeFi, Bitcoin's new ATH levels, and the growth of pre-existing projects such as Cardano andThe post Ethereum, China, and how they played a part in Tether's flattened supply appeared first on AMBCrypto.
2021-8-4 16:30 | |
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The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC […]
2021-7-2 01:29 | |
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Stablecoins, as an asset class, are evolving at an impressive pace. It goes without saying that they have almost become an indispensable part of the crypto space today. With an increased adoption rateThe post 'And the reason we should be a bit concerned about' Tether is... appeared first on AMBCrypto.
2021-6-28 01:03 | |
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Better late than never. XRP enthusiasts are celebrating the phrase after seeing the digital asset record a late performance early this week. Starting Monday, XRP experienced heightened activity and price explosion.
2021-4-7 17:10 | |
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Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.
2021-3-31 16:54 | |
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Yesterday, Binance Coin closed at around $200 a coin, and within another 24 hours, the exchange token is already trading at another $100 higher. The surge in price and corresponding FOMO has also caused the cryptocurrency token to climb the top ten assets by market cap, making it to the number three spot. Here’s why […]
2021-2-20 23:00 | |
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The Binance token has toppled the stablecoin Tether to become the third-largest crypto asset by market capitalization. After starting the month of February a little under $50, the token had raced past the $250 mark on February 19.
2021-2-19 12:59 | |
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The Bitcoin price once again hit $40k on 6th February, but the largest digital asset could not breach this resistance. The price immediately retraced and at the time of writing, BTC was being traded aThe post Tether market cap hits $28B as stablecoins on exchanges reach a new high appeared first on AMBCrypto.
2021-2-7 18:15 | |
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Bitcoin faced a massive setback on the 21st of January after the asset dropped below $29,000 for the first time since 3rd January. At press time, Bitcoin had recovered back above $33,000 but there wasThe post What role did Tether play in Bitcoin's recovery? appeared first on AMBCrypto.
2021-1-25 17:00 | |
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Deltec invested some clients' funds in bitcoin, but not Tether's, the bank confirms. So what exactly is backing tether?
2021-1-16 20:46 | |
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After winning a MiCA license, Crypto.com will become the second digital asset exchange to end trading support for Tether’s stablecoin.
Coinbase has signaled a willingness to remove Tether’s stablecoin from its platform depending on how the U.S. regulatory landscape matures under Donald Trump.
Rumble, a Tether-backed and Nasdaq-listed video-sharing platform, has made its first-ever purchase of Bitcoin. The announcement came from CEO Chris Pavlovski, who confirmed that the acquisition occurred on Friday, January 17.
Tether’s cross-chain stablecoin solution, USDT0, has launched on Ink, the layer 2 blockchain by crypto exchange Kraken. In an announcement on Jan. 16, Ink revealed that Tether had selected it as the first blockchain for the deployment of the omnichain…
Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy.
Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate.
Bitcoin rose from $96,000 to $98,400 following the release of December’s US consumer inflation data and yesterday’s PPI data. The Consumer Price Index (CPI) reported a 0. 4% monthly increase, aligning with forecasts.