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Showing posts with the label Tether

Tether Surpasses Germany in U.S. Treasury Holdings at $120B

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Tether Surpasses Germany in U.S. Treasury Holdings at $120B With more than $151 billion in assets, Tether is the biggest stablecoin issuer in the world and has officially overtaken Germany in terms of ownership of US Treasury securities. The company has more than $120 billion in Treasury notes, surpassing Germany's $111.4 billion and placing Tether as the 19th-largest holder worldwide, according to data from the U.S. Department of the Treasury and Tether's Q1 2025 attestation report. Tether's Mar... Coinatory

Tron Overtakes Ethereum in USDT Supply with $1B Mint

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Tron Overtakes Ethereum in USDT Supply with $1B Mint On May 15, 2025, Tether minted an additional $1 billion of its USD-pegged stablecoin, USDT, on the Tron blockchain. This issuance raised Tron's authorized USDT supply to approximately $74.7 billion, surpassing Ethereum's $74.5 billion. Tron also leads in terms of circulating supply, with $73.6 billion USDT in active circulation compared to Ethereum's $71.8 billion. This milestone marks the first time since November 2024 that Tron has overtake... cryptocurrency news

Tether Buys $459M in Bitcoin for Twenty One Capital Launch

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Tether Buys $459M in Bitcoin for Twenty One Capital Launch Tether has made a significant investment in Bitcoin, paying $458.7 million for 4,812 BTC on behalf of Twenty One Capital, a new Bitcoin treasury business that Jack Mallers created. The purchase was carried out at an average price of $95,320 per Bitcoin, as revealed by Cantor Equity Partners in a May 13 report to the U.S. Securities and Exchange Commission (SEC). In April, Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group unveiled Twenty... Coinatory cryptocurrencies news

Tether's USDt Hits $150B Market Cap Amid U.S. Expansion Plans

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Tether's USDt Hits $150B Market Cap Amid U.S. Expansion Plans Tether's USDt has reached a major milestone, surpassing a $150 billion market capitalization for the first time on May 12, 2025. This surge reflects a 36% increase in circulating supply over the past year, consolidating USDt’s position as the dominant stablecoin with 61% of the global market share, based on industry data. The rise in USDt’s valuation aligns with broader adoption trends, marked by a 50% increase in active stablecoin wallets in... crypto news today

Tron Nears Ethereum in USDT Circulation with $1B Mint

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Tron Nears Ethereum in USDT Circulation with $1B Mint Tether has minted an additional $1 billion in USDT on the Tron blockchain, bringing Tron's total USDT circulation to $71.4 billion. This positions Tron just $1.4 billion behind Ethereum's $72.8 billion USDT supply, signaling a potential shift in stablecoin dominance. Historically, Tron surpassed Ethereum in USDT circulation between July 2022 and November 2024. However, a significant $18 billion mint on Ethereum in late 2024 reestablished its ... Coinatory cryptocurrency news

Tether Reports $1B Q1 Profit, $5.6B in Excess Stablecoin Reserves

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Tether Reports $1B Q1 Profit, $5.6B in Excess Stablecoin Reserves The issuer of the most popular stablecoin in the world, Tether Holdings Ltd., has revealed an operating profit of more than $1 billion for the first quarter of 2025, demonstrating its dominance in the ecosystem of digital assets. Additionally, the business announced that its USDT token has $5.6 billion in surplus reserves, down from $7.1 billion in the previous quarter. Tether stated in its Q1 2025 financial report that it has about $98.5 bil... Coinatory

Tether's User Base Reaches 400 Million Amidst Stablecoin Expansion

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Tether's User Base Reaches 400 Million Amidst Stablecoin Expansion Since October 2024, Tether's user base has grown by 14%, surpassing 400 million worldwide. On March 27, CEO Paolo Ardoino made the announcement, emphasizing the noteworthy expansion of the "stablecoin multiverse." In less than six months, Tether attracted almost 50 million users, which is a significant increase for the world's biggest stablecoin issuer. With a market valuation of around $144.1 billion, USDT is still growing rapidly in emergin... Coinatory cryptocurrency news

Rumble Launches Digital Wallet Backed by Tether

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Rumble Launches Digital Wallet Backed by Tether Rumble Inc., the video-sharing platform known for championing independent creators, is preparing to roll out a proprietary digital wallet aimed at enhancing creator monetization. This strategic initiative is being developed in partnership with Tether, the issuer of the world's largest stablecoin by market capitalization. CEO Chris Pavlovski announced the "Rumble Wallet" via social media, positioning it as a vehicle to support creators more ef... Coinatory cryptocurrencies news

Tether Engages Big Four Firm for Comprehensive Audit to Enhance Transparency​

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Tether Engages Big Four Firm for Comprehensive Audit to Enhance Transparency​ In an effort to confirm that its USDT stablecoin is backed at a 1:1 ratio with the US dollar, stablecoin issuer Tether is actively working with one of the Big Four accounting firms to perform its first comprehensive financial audit. This action resolves long-standing industry worries about Tether's reserve sufficiency and transparency. ​ Changes in Leadership and the Audit Initiative Paolo Ardoino, the CEO of Tether, stressed that obtainin... cryptonews today

Tether Seeks Big Four Audit Amid Regulatory Shifts

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Tether Seeks Big Four Audit Amid Regulatory Shifts Tether, the issuer of the world's largest stablecoin, is actively seeking a full audit of its USDT reserves by engaging one of the Big Four accounting firms—Deloitte, EY, PricewaterhouseCoopers, or KPMG. CEO Paolo Ardoino emphasized that securing such an audit is the company’s “top priority,” citing the favorable regulatory environment under President Donald Trump's administration as a key enabler of this initiative. Since its launch in 2014,... Coinatory cryptonews

Tether Partners with Guinea to Expand Blockchain Adoption

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Tether Partners with Guinea to Expand Blockchain Adoption As part of its ongoing global drive for digital transformation, Tether has announced a strategic agreement with the Republic of Guinea's government to increase access to blockchain and peer-to-peer (P2P) technology. Tether verified the signing of a memorandum of understanding (MoU) with the government of Guinea in a statement issued on February 17. The agreement aims to boost the nation's digital transformation efforts and promote economic gr... crypto news

Tether Engages U.S. Lawmakers to Influence Stablecoin Regulations

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Tether Engages U.S. Lawmakers to Influence Stablecoin Regulations According to a Fox Business story, Tether, the biggest stablecoin issuer in the world with a market valuation of over $142 billion, is aggressively interacting with US lawmakers to influence federal stablecoin laws. Tether is working with Representatives French Hill and Bryan Steil on the STABLE Act, which was introduced on February 6, according to reporter Eleanor Terrett. Paolo Ardoino, the CEO of Tether, has stated that the company is cont... cryptocurrency news today

Tether Expands Investment Strategy Beyond Crypto Amid Regulatory Pressures

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Tether Expands Investment Strategy Beyond Crypto Amid Regulatory Pressures As it continues to accumulate substantial financial reserves, Tether, the $140 billion stablecoin issuer, is speeding up its investment development outside of the cryptocurrency space. Tether is using its financial strength to diversify its portfolio and currently has $7 billion in excess reserves, according to a Bloomberg story that cited people with knowledge of the situation. According to a person close to the company, Tether's investing s... cryptocurrency news Coinatory

Coinbase May Delist Tether Amid U.S. Regulation Push

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Coinbase May Delist Tether Amid U.S. Regulation Push If future U.S. legislation require it, Coinbase, the biggest cryptocurrency exchange in the country, has indicated that it is prepared to delist Tether (USDT), the stablecoin with a market value of $138 billion. Coinbase CEO Brian Armstrong stated in a Wall Street Journal article that possible laws under the Biden administration would mandate that stablecoins keep all of their deposits in U.S. Treasury bonds and submit to regular audits for incr... cryptonews

Tether Faces MiCA Challenges as USDT Market Cap Dips $1.4 Billion

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Tether Faces MiCA Challenges as USDT Market Cap Dips $1.4 Billion A notable decrease occurred in USDT, Tether's USD-pegged stablecoin, which was the steepest since FTX's crash in 2022. Tether's market capitalization dropped by $1.4 billion when the EU's extensive Markets in Crypto-Assets (MiCA) regulation went into effect on December 30. This brought the company's December high of $140 billion down to $137 billion. Speculation on Tether's future in the EU has been stoked by the market activity. Concerns hav... Coinatory cryptocurrencies news

Tether Eyes AI Launch in 2025 Amid $5.2B Profit Surge

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Tether Eyes AI Launch in 2025 Amid $5.2B Profit Surge By early 2025, Tether, the company that issues the $140 billion USDT stablecoin, plans to expand its business by entering the artificial intelligence (AI) space. Tether's AI platform will be unveiled in Q1 2025, according to CEO Paolo Ardoino's announcement on X (previously Twitter). This strategic change reflects the company's desire to enter new markets and diversify beyond its core offering of US dollar-pegged stablecoins. Since its f... Tether Eyes AI Launch in 2025 Amid $5.2B Profit Surge Coinatory

Coinbase Delists Tether and MiCA Noncompliant Stablecoins Amid Regulatory Push

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Coinbase Delists Tether and MiCA Noncompliant Stablecoins Amid Regulatory Push Coinbase has declared that, in accordance with the Markets in Crypto-Assets (MiCA) regulatory framework, it will delist a number of stablecoins for European users, including Tether (USDT). The modifications, which go into effect on December 13, represent a dramatic transformation in the European Union's bitcoin environment. The action targets stablecoins like as Tether, PAX, PYUSD, GUSD, GYEN, and Maker's DAI that are thought to be in violati... cryptocurrency news Coinatory

Tether Revolutionizes Asset Tokenization with New Platform

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Tether Revolutionizes Asset Tokenization with New Platform Tether, the world’s largest stablecoin issuer, has introduced a groundbreaking asset tokenization platform called Hadron, enabling businesses and governments to tokenize real-world assets like stocks, bonds, and stablecoins. Streamlining Tokenization for Broader Markets In its announcement on November 14, Tether unveiled Hadron as a solution to simplify asset tokenization, extending its expertise beyond decades of tokenizing dollars into s... Coinatory

Tether Launches WDK to Enable Non-Custodial Wallet Access for Humans and AI

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Tether Launches WDK to Enable Non-Custodial Wallet Access for Humans and AI Tether, the largest stablecoin issuer globally, has introduced the Wallet Development Kit (WDK), empowering developers and businesses to integrate non-custodial wallets for Bitcoin and USDT into their applications and websites. This move brings decentralized wallet access to both human users and digital entities like AI agents, robots, and autonomous systems, marking a significant step in Tether's commitment to broadening financial inclusion. ... Tether Launches WDK to Enable Non-Custodial Wallet Access for Humans and AI Coinatory

Tether Assists Canada Police in Crypto Recovery, Broadens Ventures

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Tether Assists Canada Police in Crypto Recovery, Broadens Ventures Tether recently collaborated with the Ontario Provincial Police (OPP) to help recover approximately $10,000 CAD in stolen cryptocurrency, reinforcing its role as a key partner to law enforcement in the fight against cybercrime. The recovery was made possible through the efforts of Tether's team and the OPP Cyber Investigations Team. By freezing the Tether (USDT) assets involved, Tether facilitated the return of funds to their rightful owner. ... Tether Assists Canada Police in Crypto Recovery, Broadens Ventures