Tether Collaborates with Big 4 for Audit
@Tether_to is in talks with a Big Four firm for an independent audit of its $USDT reserves, aiming to enhance transparency. #Update #Crypto $USDT (+3) ↗
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@Tether_to is in talks with a Big Four firm for an independent audit of its $USDT reserves, aiming to enhance transparency. #Update #Crypto $USDT (+3) ↗
Ethena Labs’ USDe stablecoin sales halted by BaFin due to licensing deficiencies, affecting Ethena GmbH operations but not secondary market trading. #Breaking #Legal $USDe (-8) ↘
US President Donald Trump urges Congress to pass stablecoin legislation, emphasizing the need for clear rules to guide digital asset ventures and institutions. #Breaking #Legal $BTC (+9) ↗
President Trump urges Congress to pass stablecoin legislation, emphasizing the importance of a strategic Bitcoin reserve for US economic growth and digital asset engagement. #Breaking #Crypto $BTC (+9) ↗
@Tether invests $33.1B in U.S. Treasury Bills, ranking seventh globally and surpassing countries like Canada and Germany in 2024 #Breaking #Crypto (+8) ↗
Bo Hines, Executive Director of the Presidential Working Group on Digital Assets, predicts stablecoin legislation in the US within two months, targeting May for President Trump’s approval. #Update #Legal $RLUSD (+3) →
Ethereum’s stablecoin dominance increases as @circle and @Tether_to drive $850 billion in volume, highlighting the growing influence of $USDC and $USDT on the blockchain. #Update #Crypto $ETH (+3) ↗
Stablecoin supply hits $219B, signaling the crypto bull run is ongoing, as $BTC rises to $84,700 amid increased stablecoin adoption. #Update #Crypto $BTC (+4) ↗
@Moonpay has acquired startup Iron for at least $100M, enhancing its enterprise stablecoin payment solutions with Iron’s API-driven technology. #Update #Crypto (+6) ↗
@Tether_to aims to partner with Cantor Fitzgerald in Bitcoin financing, leveraging mutual strengths and recent USDT recognition by Thailand’s SEC. #Update #Crypto $USDT (+4) ↗
The U.S. Senate Banking Committee approved the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), advancing it toward a full Senate vote with bipartisan support. #Update #Legal (+4) ↗
The U.S. Senate Banking Committee advances the stablecoin-focused GENIUS Act with an 18-6 bipartisan vote, moving it to a full Senate vote by April’s end. #Update #Legal (+5) ↗
Paolo Ardoino, CEO of @Tether_to, attended the Cantor Fitzgerald Global Technology Conference, highlighting Tether’s focus on real-world asset tokenization and AI amid US regulatory scrutiny. #Update #Crypto $USDT (+3) ↗
The U.S. Senate Banking Committee will vote on the GENIUS Act regulating stablecoins, impacting issuers like @Tether_to and @circlepay with new compliance standards. #Update #Legal $USDT (-4) ↘