“We think we are doing the best we can,” Ardoino said. Tether would be under scrutiny by authorities in the US and other countries for compliance issues. Paolo Ardoino, the CEO of Tether Limited, the company that issues the USDT stablecoin, faced public and media scrutiny after the publication of an article in the Wall … Read more
The purchase, sale, transfer and custody of the assets will be in the hands of the bank. The service allows the use of USDT on an expanded basis in Bolivia, according to the bank. Banco Bisa, the fourth largest bank in Bolivia, announced the incorporation of a service for cryptocurrencies, specifically with USDT, Tether’s stablecoin. … Read more
Tether, the issuing company of the USDT stablecoin, expanded its bitcoin (BTC) reserves after its latest purchase. According to its CEO, Paolo Ardoino, The firm has more than 82,454 BTC in its treasuriesvalued at 5 billion dollars. In this way, ranks as the third company with the most bitcoin between its stores of value behind … Read more
According to the Wall Street Journal, the United States Justice Department is carrying out a criminal investigation into Tether, which is the issuing company of the USDT stablecoin. “The authorities are investigating possible violations of anti-money laundering and sanctions regulations,” says the prestigious newspaper United States. It is worth clarifying that the Wall Street Journal, … Read more
The market capitalization of USD Tether (USDT) has exceeded $120 billion, while that of all stablecoins together reaches $172 billion. This increase implies a greater issuance of these coins, which generally positively influences the price of bitcoin. In recent days, the market capitalization of USDT (which is the largest stablecoin in the world) has increased … Read more
The growth of stablecoins means more liquidity to buy bitcoin and cryptocurrencies. “This will probably be one of the main drivers in a bull market,” says analyst. The market capitalization of USD Tether (USDT) and other stablecoins has been increasing steadily for just over a year. And not only that, but it is reaching outstanding … Read more
USDT has been on Solana for a long time, but this is a new access route. Users can connect USDT from Ethereum Virtual Machine to Solana natively. Allbridge announced the integration of USD Tether (USDT) into the Solana network through its bridge, facilitating a direct connection from the Ethereum Virtual Machine (EVM) to that network. … Read more
Tether CEO, Paolo Ardoino, reported that the company will soon launch a new asset that will adapt to European Union (EU) regulation and that could replace USDT in the region. The announcement is made in a context in which the departure of the popular stablecoin from the EU is expected. This, as a consequence of … Read more
Tether, the issuing company of the popular USDT stablecoin, has recorded a substantial increase in its reserves so far in 2024, through investment in United States Treasury bonds. Tether CEO Paolo Ardoino said the company had a stronger relationship with the US government than any other stablecoin issuer. This, to the point of becoming your … Read more
Coinbase, the largest cryptocurrency exchange in the United States, announced today that it will remove from its platform any stablecoin that does not comply with the rules established by the Regulation for the Cryptoasset Market, better known as the MiCA Law of the European Union, which enters effective December 30, 2024. This decision directly affects … Read more