​Tether burns 3,1 billion USDT on the TRON network

Jun 21, 2023

​Tether burns 3,1 billion USDT on the TRON network

The total volume of the stablecoin supply has not changed

​KAVA rate rises by 14% following the release announcement of USDT on the blockchain

Jun 21, 2023

​KAVA rate rises by 14% following the release announcement of USDT on the blockchain

The stablecoin is already available on several blockchains, including Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and TRON

​Bloomberg learns of Chinese securities in the reserves of the USDT stablecoin

Jun 16, 2023

​Bloomberg learns of Chinese securities in the reserves of the USDT stablecoin

Among the reserves were shares of banks such as the Industrial & Commercial Bank of China, China Construction Bank, and Agricultural Bank of China

​Tether has met its reserve disclosure obligations

Jun 16, 2023

​Tether has met its reserve disclosure obligations

In 2021, the company was required to regularly publish financial statements

​Tether to invest in the construction of a $1 billion mining farm in El Salvador

Jun 6, 2023

​Tether to invest in the construction of a $1 billion mining farm in El Salvador

The bitcoin mining center with a capacity of 241 MW will operate on the basis of renewable energy sources

​Tether will invest in CityPay.io payment company for the development in Georgia

May 31, 2023

​Tether will invest in CityPay.io payment company for the development in Georgia

According to the company’s plan, the initiative will improve the convenience of crypto payments, including in the CIS

​Tether will invest in energy production and bitcoin mining

May 30, 2023

​Tether will invest in energy production and bitcoin mining

The main goal is to promote environmentally friendly crypto asset mining and increase the reliability of the Bitcoin network

​Tether launches educational blockchain courses at the Georgian university

May 24, 2023

​Tether launches educational blockchain courses at the Georgian university

The program aims to develop skills in the rapidly devolving fields of the digital economy

​Tether becomes one of the largest investors in US government debt

May 23, 2023

​Tether becomes one of the largest investors in US government debt

The company invested a total of $53 billion in the national debt

​JPMorgan calls the shrinking of the market stablecoin an obstacle to industry recovery

May 19, 2023

​JPMorgan calls the shrinking of the market stablecoin an obstacle to industry recovery

Experts highlighted the actions of US regulators in relation to the issuers of stablecoins

​Tether will start regularly investing up to 15% of profits in bitcoin

May 17, 2023

​Tether will start regularly investing up to 15% of profits in bitcoin

As of the end of March, the company held $1,5 billion in BTC

​Tether withdraws over $4,8 billion from banks

May 16, 2023

​Tether withdraws over $4,8 billion from banks

This step was taken to reduce the counterparty’s risk