Tether Archives - Page 2 Of 2

A Phuket hotel room in Thailand, site of a crypto robbery involving a Ukrainian national

Ukrainian Man Robbed of $250k in Tether in Thailand Before Devcon Conference

November 11, 2024 Paulo

A Ukrainian was robbed of $250k in Tether in Thailand. The crypto theft raises security concerns for Devcon attendees as crypto crimes surge globally.

Blockchain

Tether Ventures into Oil Trading with $45M Transaction, Transporting 670,000 Barrels of Crude

November 8, 2024 Paulo

Tether’s $45M oil deal signals its entry into commodity trading, pioneering blockchain-based finance and offering new options in global trade markets.

Blockchain

Tether to Launch Dirham-Pegged Stablecoin on TON Blockchain: A Boost for UAE’s Digital Finance

November 1, 2024 Paulo

Tether to launch dirham-pegged stablecoin on TON, marking UAE’s blockchain expansion. TON reached 1B USDT in six months, reflecting rapid adoption.

European regulators discussing mandatory cybersecurity audits for crypto firms

Tether CEO Warns MiCA Stablecoin Rules Could Pose ‘Systemic Risks’ to EU Banks

July 26, 2024 Paulo

Tether CEO Paolo Ardoino warns that Europe’s MiCA stablecoin regulations could create systemic risks for EU banks due to excessive cash reserve requirements.

Philip Gradwell appointed as Tether's head of economics to enhance USDT transparency.

Tether Hires Chainalysis’ Chief Economist for USDT Usage

July 15, 2024 Paulo

Tether appoints Philip Gradwell, former chief economist at Chainalysis, as head of economics to enhance USDT usage transparency for regulators and stakeholders.

Tether to Allocate 15% of Profits Toward Bitcoin Acquisition

May 17, 2023 Paulo

Tether will invest 15% of its profits into Bitcoin to strengthen and diversify its reserves, signaling long-term confidence in BTC as a store of value.

Tether Buys 52,670 Bitcoin Using Profits From U.S. Treasuries

May 13, 2023 Paulo

Tether has bought 52,670 Bitcoin using profits from U.S. Treasuries, adding to its reserves as Fed rate hikes boost returns and USDT demand grows.

Futuristic digital illustration showing billions of glowing USDC coins flowing into blockchain networks, symbolizing Circle’s $7.75B issuance and potential altseason fuel.

America’s Stablecoin Struggle: Why USDC Is Losing Ground to Tether

May 13, 2023 Paulo

USDC’s decline and Tether’s dominance highlight America’s failure to lead the Web3 financial frontier. Experts urge policymakers to prioritize stablecoin strategy.

Tether Reveals $1.5 Billion in Bitcoin Holdings as Reserves Hit Record $81.8 Billion

May 10, 2023 Paulo

Tether discloses $1.5 billion in Bitcoin reserves, $3.4 billion in gold, and record profits of $1.48 billion, strengthening its dominance in the stablecoin market.