Tether

March 04, 2024

Tether’s USDT stablecoin hits historic $100B market cap

Crypto stablecoin Tether (USDT) has reached an unprecedented market capitalization of $100 billion, marking a 9% year-to-date growth and widening the gap with its closest competitor, […]
January 16, 2024

Tether responds to UN report about ‘illicit activity’ of USDT

Tether, a major player in the stablecoin market, has responded to a United Nations (UN) report that implicated its USDT stablecoin in illegal activities. On January […]
December 29, 2023

China calls for crackdown on Tether stablecoin in illegal forex trading

China’s Supreme People’s Procuratorate has warned that using Tether as a medium of exchange between local and foreign currency is illegal.   Chinese authorities are taking […]
December 26, 2023

Tether mints $1B USDT for ‘inventory replenish’ — CEO Paolo Ardoino

Tether Treasury minted another one billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community.   Tether, the company behind the […]
December 13, 2023

‘I’m a big fan’: Cantor Fitzgerald CEO praises Tether and Bitcoin

Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021.   Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, has expressed […]
November 29, 2023

Tether’s ‘new era for capital raises’ Bitfinex bond flops

The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.   Bitfinex’s recent venture into tokenized […]
September 22, 2023

Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration

The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications and data storage solutions.   Tether, the company […]
June 15, 2023

Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD

The stablecoin pool ideally has a weightage comprising 33.3% of USDT, USDC and DAI; however, on June 15, the USDT weightage rose above 70%.   The […]
June 12, 2023

Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps

The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion. […]

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