Tether
2. Tether Crosses 100,000 BTC Milestone, Bolsters Reserves with 7.7 Tons of Gold
On Monday, Tether, the seventh-largest holder of US Treasury bills and a major stablecoin, released its first-quarter attestation report. The stablecoin company stated that the US dollar (USD) dominated the…
After Tether Ban, Russia Eyes Ruble-Pegged Stablecoin, Says Finance Ministry.
A top finance ministry official has stated that Russia ought to be considering its own stablecoins that are backed by fiat money. A Reuters report from April 16 stated that…
Tether CEO Explains Why USDT Will Remain the Leader in the Stablecoin Market.
Tether CEO Paolo Ardoino told CryptoNews that the team’s in-depth knowledge of usage makes him certain Tether USDT will continue to dominate in the face of growing competition from rival…
Tether Investigates Lending Prospects in the Commodities Trading Market.
Tether Holdings, the company that issues stablecoin USDT, is thinking about lending to commodities trading companies; the investigation is “in early stages.” It is unlikely that we will reveal the…
Tether to Launch Dirham Stablecoin in Collaboration with UAE Partners.
On August 21, prominent stablecoin supplier Tether declared the launch of a stablecoin correlated with the United Arab Emirates dirham (AED). This is a part of a strategic cooperation with…
Tether Enlists Chainalysis to Combat Illicit Activity in Secondary Market.
Tether will be able to keep an eye on the stablecoin secondary market because of a solution developed by Chainalysis, a blockchain analysis company. Tether will be able to gather…
Bitcoin and Ether Fail to Gain Ground as Tether, Chainlink, and Other Altcoins Report Profits.
On Tuesday, Bitcoin experienced a substantial 10.62 percent drop in its price, causing the highest-priced cryptocurrency to reach a value of $26,276. Despite the decline that Bitcoin demonstrated on Tuesday…
Ethereum Burns Hotter than Ever.
The Ethereum network, as part of the Ethereum Improvement Proposal (EIP) 1559, has been burning ETH at a massive rate. A portion of the Ethereum transactions – every NFT trade,…
Justin Sun Brushes Off Rumours that Huobi Is Headed for Insolvency.
Huobi adviser Justin Sun has denied rumors that crypto exchange Huobi was heading for insolvency. The speculations gained traction as the company laid off staff and shuttered internal communications. Sun…
Tether Pledges To Stop Lending Out Funds From Its Reserves
Tether, the issuer of the world’s largest stablecoin USDT, has vowed to stop the practice of lending out funds from its reserves. It has taken it upon itself to restore…
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