USDT is now live on Bitcoin’s base layer and Lightning Network, marking a major milestone for stablecoin integration within the Bitcoin ecosystem. Tether announced this development on January 30 at the Plan B conference in El Salvador, where CEO Paolo Ardoino framed the initiative as a leap toward real-world financial ...
Tether Holdings Limited, the issuer of the USDT stablecoin, has announced a record-breaking net profit of over $13 billion for 2024, according to its latest attestation report. Tether Hits $13 Billion Profits for 2024 And All-Time Highs in U.S. Treasury Holdings, USD₮ Circulation, and Reserve Buffer in Q4 2024 Attestation ...
Swan Bitcoin, a cryptocurrency-focused financial services firm, has taken its legal battle with Gibson, Dunn & Crutcher to court, accusing the law firm of malpractice after it sought to drop Swan as a client amidst a trade secrets lawsuit. On Monday, Swan filed a temporary restraining order in Los Angeles ...
Tether has launched a new platform that allows businesses and individuals to tokenize a range of real-world assets, including stocks, bonds, equities, loyalty points, and stablecoins. The stablecoin issuer noted in a blog post on November 14 that it aims to expand tokenization beyond just stablecoins and make asset tokenization ...
Tether has introduced a new Wallet Development Kit (WDK) that allows developers and businesses to easily integrate non-custodial Bitcoin and USDT wallets into their applications and websites. As announced, the WDK is tailored not only for people but also for digital entities, including AI agents, robots, and autonomous systems. Tether ...
Paolo Ardoino, CEO of Tether, has dispelled rumours about the launch of an official "Tether Chain." In a recent post on X, he wrote, "Tether is not currently planning to create an official blockchain." I hear again few rumors about a Tether Chain. Tether is not planning to build an ...
Northern Data, a Germany-based company specializing in crypto mining and artificial intelligence, announced plans to consider selling its Peak Mining unit to strengthen its position as a dedicated AI solutions provider, with backing from stablecoin issuer Tether. In a press release published today, October 21, the company explained that this ...
The Middle East and North Africa (MENA) region is now the seventh-largest market for cryptocurrencies, according to a recent Chainalysis report. The report revealed that between July 2023 and June 2024, countries in the region received $338.7 billion in cryptocurrencies, representing 7.5% of the global on-chain value. Türkiye led with ...
Blockchain network TRON, stablecoin issuer Tether, and blockchain intelligence firm TRM Labs have teamed up to establish a unit dedicated to combating illicit activities associated with Tether’s USDT on the TRON blockchain. The new unit, tagged T3 Financial Crime Unit (T3 FCU), leverages TRM Labs' expertise and close collaboration with ...
The biggest stablecoin issuer Tether has announced plans to launch a new stablecoin tied to the United Arab Emirates’s dirham (AED). In a press release, on August 21, Tether announced that this new stablecoin will be launched in partnership with UAE-based Phoenix Group and Green Acorn Investments. The collaboration is ...
