AI Revolution: Tether Unveils Open-Source SDK
CryptoSlate: @Tether_to expands AI capabilities with new apps and an open-source SDK, despite USDT facing delistings due to EU regulations. #Update #Crypto $USDT (+3) ↗
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Stablecoin Regulation: Senator Hagerty’s Initiative
CryptoSlate: Senator Bill Hagerty introduces the GENIUS Act for stablecoin regulation, requiring US backing and monthly audits, co-sponsored by Senators Gillibrand, Scott, and Lummis. #Update #Legal (+7) ↗
Stablecoin Legislation Proposed by Senator Hagerty
CryptoBriefing: Senator Bill Hagerty introduces the GENIUS Act for stablecoin regulation, requiring issuers to provide monthly audited reports and meet reserve requirements. #Update #Legal (+6) ↗
Stablecoin Tether Reports $7B Excess Reserves
DailyHodl: An audit by BDO Global reveals @Tether_to had $7 billion in excess reserves at 2024’s end, with significant holdings in cash, metals, and Bitcoin. #Update #Crypto $USDT (+3) ↗
Stablecoin Tether Profits Surge on Bitcoin
CoinGape: @Tether_to reported $13B profit for 2024, driven by Bitcoin and gold gains, with USDT issuance reaching $140B market cap amid European regulatory challenges. #Update #Crypto $USDT (+6) ↗
Stablecoin Tether Reports Record Profits
Decrypt: @Tether_to reports $13B profit for 2024, nearing @GoldmanSachs’ earnings, with USDT circulation and U.S. Treasury holdings at all-time highs. #Update #Crypto $USDT (+7) ↗
Stablecoin Market Surges Beyond 200B
CoinDesk: The market cap of stablecoins has surpassed $200B, indicating potential growth for crypto markets, with @Tether_to’s USDT leading at $139B. #Update #Crypto $USDT (+6) ↗
Tether Profits Soar: $13 Billion Milestone
Bitcoin.com: @Tether_to’s Q4 2024 report shows $13B net profits, highlighting dominance in stablecoin market and all-time highs in U.S. Treasury holdings. #Update #Crypto (+7) ↗
Stablecoin Tether Hits Record Profits 2024
CryptoBriefing: @Tether_to reports $13B net profit for 2024, with $113B in US Treasuries, solidifying its stablecoin market dominance. #Update #Crypto $USDT (+7) ↗
Kraken Delists USDT for Europe Users
Bitcoin.com: @krakenfx will delist five stablecoins, including $USDT, for European Economic Area users to ensure compliance and enhance trading experiences. #Update #Crypto $USDT (-4) ↘
Bitcoin Boosts Tether’s $13B Profit
CoinDesk: @Tether_to reported $13B profit for 2024, driven by rising Bitcoin and gold prices, with $143.7B in reserves against $136.6B liabilities. #Update #Crypto $USDT (+4) ↗
Solana Stablecoin Supply Surges 112% January
CoinDesk: The supply of stablecoins on @Solana increased by 112% in January to $11.1 billion, driven by the launch of Donald Trump’s memecoin $TRUMP. #Update #Crypto $TRUMP (+6) ↗
Kraken Delists USDT in EEA
CryptoBriefing: @KrakenFX will delist $USDT and other stablecoins in the EEA by March 31, 2025, complying with MiCA regulations. #Update #Crypto $USDT (-4) ↘
Bitcoin: Tether Reveals $13B Profit
CryptoSlate: @Tether_to reports $7.8B in $BTC holdings, boosting 2024 profits to over $13B with a significant increase in US Treasuries exposure and proprietary investments. #Update #Crypto $BTC (+6) ↗