Bitcoin News / Bitcoinist - 1 month ago
Payment company firm Ripple has announced its foray into the stablecoin market with an imminent launch of its own US dollar-pegged digital currency. This development positions Ripple to compete directly with established stablecoin giants like Tether...
Cryptocoins News / CoinJournal - 1 month ago
Ripple enters the stablecoin market with a USD-pegged token.
Backed by USD deposits, treasuries, and audits, Ripple’s stablecoin targets institutional adoption.
The new stablecoin will initially be issued on Ethereum and XRP Ledger.
Ripple, t...
Bitcoin News / Bitcoin.com - 1 month ago
Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrat...
Bitcoin News / Bitcoin Magazine - 1 month ago
Today, stablecoin issuer Tether announced a significant award of $100,000 to the BTCPay Server Foundation that underscores Tether's strong backing for the Free and Open Source Software (FOSS) movement, emphasizing its commitment to advancing digital...
Bitcoin News / Google News Bitcoin - 1 month ago
Tether Grants BTCPay Server $100000 To Continue Working On Enabling Anyone To Accept Bitcoin& & Bitcoin Magazine
Bitcoin News / Bitcoin.com - 1 month ago
Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by...
Cryptocoins News / CoinJournal - 1 month ago
Tether recently committed 15% of its net profit to Bitcoin investments.
On March 31, 2024, Tether acquired an additional 8,888 BTC at $30,305 each bringing unrealized profit to $2.94B.
Tether is now 7th largest holder of Bitcoin (BTC), with 75,354 B...
Bitcoin News / Google News Bitcoin - 1 month ago
Tether Makes Its Third-Largest Bitcoin Buy for $627 Million, Pushing Its BTC Reserves to 75000& & DailyCoin
Bitcoin News / Bitcoin Magazine - 1 month ago
Stablecoin issuer Tether has significantly expanded its Bitcoin holdings, acquiring 8,888 BTC worth around $600 million. This latest purchase was revealed through on-chain data rather than an official announcement.Tether has not publicly disclosed it...
Bitcoin News / Bitcoin.com - 1 month ago
A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was lin...
Bitcoin News / Bitcoin.com - 1 month ago
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “to...