Tether


Finance

Tether Nets $5B Profits This Year, Says Its U.S. Debt Holdings Surpassed Germany's

The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.

Tether CEO Paolo Ardoino (Tether)

Juridique

Venezuela's Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports

Venezuela's dependence of crypto has been fuelled by a a dire economic situation, international sanctions, and nearly 8 million citizens fleeing the country in the past decade.

Venezuela's election body announced that Nicolas Maduro has won the election, despite the opposition claiming victory. (Shutterstock / StringerAL)

Juridique

Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit

In a new court filing, lawyers for Northern Data called the suit a “textbook example of bad faith litigation.”

Bitcoin mining machines (Michal Bednarek/Shutterstock)

Juridique

Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether

The second amended complaint accuses Tether of manipulating the price of bitcoin and violating antitrust laws.

(Nikhilesh De/CoinDesk)

Finance

Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head

Gradwell will be responsible for quantifying the Tether economy to regulators.

Tether 's logo painted on a wooden background.

Technologies

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.

Tether cited "usage" and "community interest" as factors in its decision to discontinue support for the USDT stablecoin on the EOS and Algorand blockchains. (Creative Commons)

Finance

Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push

Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Finance

Tether Expects to Invest Over $1B in Deals in the Next Year: Bloomberg

Tether's focus for investment is financial infrastructure, AI and biotech, CEO Paolo Ardoino said in an interview.

Tether CEO Paolo Ardoino (Tether)

Finance

Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More

Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development

(Nikhilesh De/CoinDesk)

Analyses

Stablecoin Surge: Tether's Headroom for Growth

The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.

(Sander Weeteling/Unsplash)