Tag: Tether

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Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive

Miami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use...

Tether posts $1.04 billion in first-quarter profit, reaches $8.23 billion reserve buffer

Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves increased to a record $8.23...

Senator Warren Launches New Probe Targeting Tether And Commerce Secretary Lutnick

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Elizabeth Warren, one of the most prominent crypto skeptics in Washington,...

Senator Warren questions Commerce Secretary Lutnick on Tether loan to family

U.S. Secretary of Commerce Howard Lutnick, the former CEO of Cantor Fitzgerald that handles Tether's finances in the U.S., has been questioned by Senate...

Strike CEO Jack Mallers Announces Lending Proof-of-Reserves, Volatility-Proof Loans, And Backs Tether Merger Plan

Strike CEO Jack Mallers announced a series of product updates and strategic moves Wednesday, including the launch of lending proof-of-reserves, a new...

Nigel Farage faces standards probe over $6.7 million gift from Tether billionaire Christopher Harborne

Reform UK leader Nigel Farage received about £5 million (around $6.7 million) from crypto billionaire Christopher Harborne before announcing his run for the Clacton...

Visa is teaming up with a Tether co-founder to build onchain banks

Visa (V) is working with blockchain-based stablecoin infrastructure firm WeFi, to help establish the “last half mile” that can provide users with robust onchain...

Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO

A few hundred of the top $TRUMP memecoin holders were treated to some personal time with U.S. President Donald Trump and his high-profile guests...

Mike Tyson, Tether CEO, Cathie Wood are among speakers at Trump’s ‘most exclusive’ crypto conference

A group of cryptocurrency executives, investors and public figures is set to speak Saturday at a private event hosted by U.S. President Donald Trump...

Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement

The stablecoin issuer says it has now supported more than 2,300 cases worldwide, including over 1,200 with U.S. agencies.Tether said Thursday it has frozen...

Tether freezes $344 million in USDT on Tron tied to ‘illicit activity’

Tether, the crypto company best known for issuing the world's largest stablecoin, said Thursday it has frozen $344 million worth of USDT tokens across...

Tether backs UAE tokenization firm KAIO in $8M funding round

Abu Dhabi-regulated tokenization firm KAIO said Monday it had raised $8 million in a strategic funding round backed by Tether and several other crypto...