Cryptocoins News / The Cointelegraph - 1 year ago
Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023. Major stablecoin issuer Tether has been increasi...
Bitcoin News / Bitcoin.com - 1 year ago
This week, the leading stablecoin by market capitalization attained a valuation of $86.51 billion, following a supply surge of 3.6% in the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain i...
by COINS NEWS - 1 year ago
According to coinmarketcap, Tether's market cap just jumped $0.5bn in the last day, taking it to a new all time high of $85bn+ It is now apparently the third largest crypto by market cap with the vast majority of its volume stemming from Binance....
Bitcoin News / Bitcoin.com - 1 year ago
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detai...
Cryptocoins News / The Cointelegraph - 1 year ago
In September 2023, Tether also invested an undisclosed amount in Northern Data, backing AI initiatives. The Tether (USDT) stablecoin issuer is raising the bet on Bitco...
Bitcoin News / Bitcoin.com - 1 year ago
On Tuesday, Tether Holdings Ltd.’s financial statements for the third quarter of 2023 were validated by BDO, an internationally known independent public accounting firm. The firm gave an assurance opinion, revealing $3.2 billion in surplus res...
Cryptocoins News / Blockchain - 1 year ago
Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements. The...
Cryptocoins News / CoinJournal - 1 year ago
Tether, the issuer of the USDT stablecoin, has released its Q3, 2023 attestation report.
It shows the company’s cash and cash equivalents increased to 85.7% of reserves, with $72.6 billion in US T-Bills.
Tether holds $1.7 billion in BTC and $3...
Cryptocoins News / The Cointelegraph - 1 year ago
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas....
Cryptocoins News / CoinJournal - 1 year ago
US Senator Cynthia Lummis asks the Department of Justice (DOJ) to criminally charge crypto exchange Binance and USDT issuer Tether.
Lummis cites the two companies’ role in aiding illicit fundraising for terror.
Blockchain security and analytic...
Cryptocoins News / Finance Magnates - 1 year ago
Bitfinex Securities has announced its first-ever
tokenized bond set to debut in November. This bond, denominated in
Tether and offering a coupon rate of 10% over a period of 36 months, aims to enhance the process of raising capital. Dubbed ALT2611, t...
Cryptocoins News / The Cointelegraph - 1 year ago
Paolo Ardoino, Tether’s chief technical officer and incoming CEO, said the firm plans to start publishing reserve data in real-time in 2024, according to a report. Tet...