Tether enters AI race with pledge to build open-source LMMs to combat Big Tech

Tether, the company behind the world’s largest stablecoin USDT, has announced a strategic expansion into artificial intelligence, as reported by the company on March 26. With a market cap of $104 billion, Tether aims to lead the development of open-source, multimodal AI models and integrate AI solutions into market-driven products.

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Tether's USDT To Launch on Celo

The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions.

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Tether announces USDT migration  tool in a bid to safeguard against blockchain network failures

Major stablecoin issuer Tether has launched a recovery tool designed for migrating its USDT stablecoin across different blockchains. According to a March 4 announcement, the tool aims to safeguard continuous access to USDT (Tether stablecoin) in the face of potential…

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Swiss city of Lugano now accepts Bitcoin and USDT for tax payments

The Swiss city aims to make bill payment more convenient by letting residents pay municipal fees & taxes with Bitcoin and Tether.

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Stablecoin issuer Tether to enter into Bitcoin mining: Bloomberg

Tether aims to construct mining facilities in key locations, including Uruguay, Paraguay, and El Salvador. The stablecoin giant strategically chose the locations for its mining facilities to maThe post Stablecoin issuer Tether to enter into Bitcoin mining: Bloomberg appeared first on AMBCrypto.

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US lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether.

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Tether Aims to Publish Reserve Data in Real-Time in Coming Years: Report

Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry's largest dollar-pegged stablecoin, according to a Bloomberg report.

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Binance To Refund Users $1 Million In USDT Following CyberConnect Incident

Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token.   The refund aims to compensate users affected by a price discrepancy on listed CYBER tokens due to liquidity constraints on the Korean cryptocurrency exchange Upbit.

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Tether dominating stablecoin market, this new hybrid exchange aims to take over the trading world

Tether is dominating the stablecoin world. with regulators tightening their grip on top exchanges like Coinbase and Binance, experts are bullish Tradecurve will dominate

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Tether Aims to Teach Georgians About Financial Freedom

Tether, the issuer of USDT, which has received criticism for an alleged lack of transparency in its reporting, is partnering with a Georgian university to educate people about blockchain and freedom-promoting technology.

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Strike integrates Tether’s USDT for payments

Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT.

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Bitcoin’s Secret Weapon: How Tether Investment Could Prop Up a New Rally

Tether, the issuer of the world’s largest stablecoin, has announced plans to allocate a significant portion of its profits to invest in bitcoin. This move comes as Tether aims to reinforce its position as a stablecoin leader and diversify its reserves away from U.

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Circle Expands USDC Stablecoin to Five New Chains, Unveils Cross-Chain Transfer Protocol

Circle aims to bolster USDC’s market position as competition with rival issuers Tether, Binance is heating up and decentralized finance platforms are crafting their own native stablecoins.

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Tether aims to decrease commercial paper backing of USDT to zero

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.

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Lugano to accept Bitcoin and Tether

Polygon (MATIC/USD) and stablecoin Tether are supporting Swiss city Lugano’s aims to become the blockchain capital of Europe. People can pay parking tickets, taxes, tuition fees and utility costs in Bitcoin (BTC/USD), Tether and LVGA, Lugano’s stablecoin, Invezz learned from a press release.

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Tether and Notabene partner on crypto regulation compliance

The partnership between Tether (USDT/USD) and digital identity startup Notabene aims to combat money laundering in cross-border transfers between exchanges. This is an effort on the part of the stablecoin issuer to become more compliant with global crypto guidelines, CoinDesk wrote.

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Bitfinex Exchange Rolls Out New Payment Service to Boost Crypto Adoption With Merchants

Bitfinex crypto exchange announced the launch of its merchant payment network dubbed ‘Bitfinex Pay,’ which aims at increasing the adoption of crypto as a currency across stores in the world. The solution offers merchants a platform to receive payments in Bitcoin (BTC), Ethereum (ETH), or Tether (USDT) via Ethereum and Tron blockchains.

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NYAG Aims to Extend Tether and Bitfinex Injunctions

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Tether launches on Solana to leverage high speeds and low costs

Tether, the company behind the USDT stablecoin, has announced that it has launched its coin on Solana, a blockchain platform that aims to compete with Ethereum. The post Tether launches on Solana to leverage high speeds and low costs appeared first on CryptoSlate.

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World Stablecoin Association Launches in Switzerland

The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC.

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Bybit to Roll Out USDT Perpetual Contracts

Singapore-based crypto futures exchange Bybit has announced the addition of Tether (USDT) perpetual contracts. By adding the stablecoin to its existing futures contracts (BTC, ETH, EOS and XRP paired with USD), the exchange aims to furnish traders with greater simplicity and flexibility, as they can now hold long and short positions simultaneously to better hedge...

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Algorand’s PoS Blockchain Launches First Stablecoin In Partnership With Tether’s USDt

Tether has teamed up with Algorand to issue the US dollar pegged USDT on the proof-of-stake (POS) DLT platform, Cointelegraph reports. In a press statement issued on Monday Feb. 10, Tether said that it aims at taking advantage of the innovative aspects of the blockchain which are present on Algorand 2.0 like immediate confirmation of […]

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Tron (TRX) Price Surges 6% From the ‘Tether Effect’

Tron is performing better than most altcoins today as $30 Million worth of TRC20-USDT tokens enters the market. This recent injection brings the total amount of Tether circulating on Tron’s network up to 450 Million.

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Are Bitcoin [BTC] & Tether [USDT] joined at the hip?

Bitcoin [BTC], the largest cryptocurrency in the market, and Tether [USDT], the largest stablecoin in the market, were initially pegged on opposite ends of the spectrum. The king coin is rightly considered to be the beacon of decentralized currency, completely detached from the fiat world, one which the cryptocurrency industry aims to eventually move away […] The post Are Bitcoin [BTC] & Tether [USDT] joined at the hip? appeared first on AMBCrypto.

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vTrader: Legit Buy And Sell Cryptocurrencies Exchange Platform?

Cryptocurrency trading faces numerous challenges such as price fluctuations and the fact that it takes a long time for the bank transactions to reflect when purchasing the cryptocurrencies. vTrader aims to address this challenge by integrating USDT (USD Tether), which will correlate with the US dollar.

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Binance Incorporates Paxos Standard (PAX) in Bitcoin Pairing

The addition of several new stablecoins pegged to the dollar aims to diversify the trading on Binance, where Tether (USDT) tokens still dominate.

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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin

Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).

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