Tether

Paolo Ardoino, CEO of stablecoin issuer Tether (CRYPTO: USDT), said Thursday that the company has no plans to go public, despite Circle Internet Financial’s (NYSE:CRL) success on Wall Street. What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino...

Stablecoin issuer Circle Internet Group, Inc. (NYSE:CRCL) shares are climbing again Friday after the stock soared on its first day of trading on Thursday. The stock opened at around $69 and soared as high as $100 during the session, closing at $83.23, for a 168% gain from the IPO price.  What To...

The U.S. Department of Justice (DoJ) has filed a civil forfeiture complaint to seize over $7.74 million in cryptocurrency and NFTs, allegedly connected to North Korean money laundering operations. What Happened: The Justice Department is moving to seize a range of cryptocurrencies,...

Widely followed cryptocurrency analyst Willy Woo predicted Monday that stablecoin issuing company Tether (CRYPTO: USDT) would become the top holder of U.S. treasuries once Bitcoin (CRYPTO: BTC) hits $1 million a piece. What Happened: Woo reacted to an X post showcasing Tether's growing demand for U...

Tech investor Chamath Palihapitiya highlighted the rising dominance of stablecoins in the global financial system Tuesday, deeming them one of the hottest cryptocurrency narratives besides Bitcoin (CRYPTO: BTC). What Happened: As part of his deep dive into the stablecoin market, Palihapitiya noted...

Rumble Inc. (NASDAQ:RUM) beat its revenue estimates, scaling a fresh record in the fourth quarter, and announced the creation of “Rumble Wallet” for its creator community during its earnings call. What Happened: The online video platform and cloud services operator, Rumble, closed the $...

The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President Donald Trump will speed up the legislative approval process for the digital euro. What Happened: ECB board member Piero Cipollone conveyed optimism that Trump’s...

Cryptocurrency firm Tether (CRYPTO: USDT) announced the launch of USDT, the world’s most valuable stablecoin by market cap, on the Bitcoin (CRYPTO: BTC) blockchain on Thursday. What Happened: The integration will make the $139 billion-valued stablecoin available on Bitcoin’s base layer...

Sen. Elizabeth Warren (D-Mass.) demanded answers from Commerce Secretary nominee Howard Lutnick on Tuesday with regard to his association with the controversial stablecoin-issuing company Tether (CRYPTO: USDT). What Happened: Warren wrote a letter to Lutnick, questioning potential financial...

President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick, is in the process of forging a multi-billion dollar deal with Tether (CRYPTO: USDT), the company behind the world’s largest stablecoin by market capitalization. What happened: Cantor Fitzgerald, a financial...

Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry. What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest spoke about Tether...

The digital assets market is experiencing a wave of new stablecoin launches by various technology and cryptocurrency companies, and even a state, in spite of concerns about their limited use and chances of survival. What Happened: A Financial Times report on Thursday revealed that blockchain-based...

Tether Holdings (CRYPTO: USDT) Limited has disclosed $5.2 billion profit for the first half of 2024, setting a new record for the company in its second-quarter attestation. What Happened: Tether's Q2 attestation reflects a group equity of $11.9 billion as of June 30, 2024. Tether reported a net...

The stablecoin sector has witnessed a significant expansion since the beginning of July, coinciding with the overall upswing in the cryptocurrency market. What Happened: In an X post on Wednesday, Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, noted that stablecoins have been flowing...

Paolo Ardoino, the CEO of stablecoin issuing company Tether, expressed alarm over OpenAI's security breach, claiming that decentralized artificial intelligence models are the strongest defense against such attacks.  What Happened: The man at the helm of affairs of a company behind the world's...