Tether - Crypto News And Market Updates

Tether Hires Chainalysis’ Chief Economist for USDT Usage

July 15, 2024 Gonzalo

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 Gonzalo

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.

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

May 13, 2023 Gonzalo

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

May 13, 2023 Gonzalo

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.

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

May 10, 2023 Gonzalo

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.