Tether appoints Jesse Spiro, ex-PayPal and Chainalysis, as Head of Government Affairs to enhance regulatory relations amid transparency scrutiny. Tether plans to double its workforce, aiming for better accountability and growth in the digital economy.
Tether, TRON DAO, and TRM Labs have launched the T3 Financial Crime Unit to combat illegal $USDT activities on the TRON blockchain. This collaboration aims to enhance blockchain security and reduce illicit transactions in the crypto ecosystem.
Tether, @Tronfoundation, and @trmlabs collaborate to combat USDT crime on TRON amid rising concerns. Nearly 50% of Tether’s $118B USDT supply is on TRON. Partnership aims to enhance blockchain security and promote crypto education.
Tether invests $100M for a 9.8% stake in Adecoagro, diversifying into agriculture across Argentina, Brazil, and Uruguay. This move positions Tether as a top shareholder and marks a broader trend of crypto firms stabilizing finances with traditional industry investments.
Tether and Reku launch educational events in Indonesia, aiming to boost crypto literacy. With 20.1M users, Indonesia ranks 7th globally in crypto adoption. In May 2024, transactions hit 211 trillion Rupiah ($13B). $USDT @RekuOfficial
USDC surpasses $16 trillion in volume, driven by Solana’s market share. $USDC now holds 50% of stablecoin transaction volume, with $8.29 trillion moving on Solana, eclipsing $USDT on TRON.
Tether CEO confirms no plans for a proprietary blockchain, will rely on Ethereum and Tron. $ETH holds 57% of TVL. Tether authorized 33B USDT, earning $5.2B profit in H1. Plans $1B investment in AI, mining, and data by 2024.
? Tether launches new $AED stablecoin, pegged 1:1 to UAE Dirham, to streamline regional transactions and trade, reduce fees, and mitigate currency risks. This move aligns with Abu Dhabi’s proposed regulatory framework for fiat-referenced tokens. #CryptoNews
Tether ($USDT) teams up with Phoenix Group and Green Acorn Investments to launch an AED-pegged stablecoin, fully backed by UAE liquid reserves. This aims to streamline international trade, reduce transaction fees, and hedge against currency volatility.
Tether ($USDT) boosts liquidity with $33B issuance on Ethereum and TRON in 2023. Market cap hits $116.93B, holding 69.49% dominance. Strategic reserve replenishment enhances stability and innovation, benefiting the broader crypto community. #Cryptocurrency #Blockchain
Tether integrates $USDT with the Aptos blockchain, aiming to slash transaction fees and boost efficiency. This move follows USDT’s support on the TON network, potentially revolutionizing the stablecoin market by making transactions faster and more cost-effective. #CryptoNews
$USDT launches on @Aptos_Network, enabling cost-effective transactions and boosting DeFi activity. Aptos recently hit 326M daily transactions, showcasing its scalability and potential to revolutionize blockchain finance.
Tether CEO warns MiCA’s 60% reserve mandate endangers stablecoins’ stability. Points to Silicon Valley Bank collapse as a cautionary example of increased systemic risk. Major crypto exchanges like $BINANCE are adjusting policies to comply. #Stablecoins
Celsius sues Tether for $2.4B over alleged wrongful liquidation of 39,542 BTC. Tether claims Celsius’s mismanagement is to blame. This case could reshape crypto lending norms. #CryptoNews $CEL $USDT
