News with the tag "Tether USD"

ROAD TOWN, Tortola, British Virgin Islands – 8 March, 2025 – Bitfinex ( https://www.bitfinex.com ), a premier digital asset trading platform, announced today that customers can now deposit and withdraw Tether tokens (USDt) on Kaia . By integrating USDt with Kaia, Bitfinex aims to leverage the blockc...

Tether has published its first official attestation for Tether Gold (XAUT) for the first quarter of 2025, confirming that every token in circulation is fully backed by physical gold. As of April 28, 2025, the company reported that more than 7.7 tons of gold, equivalent to 246,523.33 troy ounces, are...

Tether, the issuer behind the world’s largest stablecoin USDT, is reportedly working with a Big Four accounting firm to conduct an audit of its reserves and confirm that each token is backed 1:1 with assets. The move comes amid growing industry pressure for transparency, especially in light of past ...

Thailand’s Securities and Exchange Commission (SEC) has given the nod to Tether’s USDT to operate in the country. The move will see USDT granted legal approval in the Southeast Asian country as it seeks global regulatory compliance. USDT Approved As Cryptocurrency In Thailand Thailand’s securities w...

While the cryptoverse is still reeling from the $1.5 billion Bybit hack, its peers have launched a concerted effort to recover looted funds. A Bybit statement confirms that the coordinated effort led to the freezing of nearly $43 million barely two days after the jarring security breach. Exchanges T...

In an astounding development, Tether is planning to invest in the South African energy company Adecoagro S.A. The company reportedly received a preliminary bid from Tether Investments to purchase a significant stake. Tether’s latest move aligns with its global investment expansion strategy, closely ...

Tether Investments has announced a strategic investment in the Italian football club Juventus. This comes amid JP Morgan’s statement that the USDT issuer might need to sell its Bitcoin holdings to comply with US stablecoin regulations. Tether Announces Strategic Investment In Juventus In a blog post...

At the Plan ₿ Forum in El Salvador, stablecoin firm Tether announced its plans to integrate USDT into the Bitcoin Base Layer as well as the Layer 2 Lightning Network. Market analysts are hopeful that this would significantly expand Bitcoin ecosystem, increase BTC Layer 2 adoption, and expand stablec...

USDC issuer Circle has been minting a large number of its native stablecoin closing the gap with Tether’s USDT. Just over the past week, the stablecoin firm has minted more than 5 billion USDC on the Solana network, amid high demand following the launch of TRUMP meme coin. This shows that Circle is ...

Renowned economist and Bitcoin critic Peter Schiff has come for the USDT issuer Tether. He accused the crypto firm of manipulation following its recent 7,629 BTC purchase. Peter Schiff Accuses Tether Of Manipulation In reaction to Tether’s recent Bitcoin purchase, Peter Schiff accused the USDT issue...