The company claims that this measure will help foster a secure ecosystem of stablecoins
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All by tag: Tether
Market
Dec 8, 2023
El Salvador will begin issuing citizenship for $1 million investments in the form of BTC and USDTThe visa program was implemented jointly with the USDT issuer, Tether
Market
Dec 5, 2023
Tether's unrealized profit from bitcoin investments has exceeded $1,1 billionSince May, the company has been allocating 15% of its profits to buy BTC
Incidents
Nov 22, 2023
US DOJ seizes 9 million USDT frozen by Tether issuerThe assets were linked to a fraudulent group
Market
Nov 21, 2023
Tether’s $1 billion bank deposits are the subject of legal battleIn question are the USDT issuer’s funds on accounts of Britannia Bank subsidiary
Incidents
Jul 10, 2023
Circle and Tether freeze $65 million in assets related to the Multichain hackPreviously, the cross-chain protocol was subjected to an exploit in which $108 million was stolen
Market
Jun 21, 2023
Tether burns 3,1 billion USDT on the TRON networkThe total volume of the stablecoin supply has not changed
Market
Jun 21, 2023
KAVA rate rises by 14% following the release announcement of USDT on the blockchainThe stablecoin is already available on several blockchains, including Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and TRON
Market
Jun 16, 2023
Bloomberg learns of Chinese securities in the reserves of the USDT stablecoinAmong the reserves were shares of banks such as the Industrial & Commercial Bank of China, China Construction Bank, and Agricultural Bank of China
Business
Jun 16, 2023
Tether has met its reserve disclosure obligationsIn 2021, the company was required to regularly publish financial statements
Mining
Jun 6, 2023
Tether to invest in the construction of a $1 billion mining farm in El SalvadorThe bitcoin mining center with a capacity of 241 MW will operate on the basis of renewable energy sources
Market
May 31, 2023
Tether will invest in CityPay.io payment company for the development in GeorgiaAccording to the company’s plan, the initiative will improve the convenience of crypto payments, including in the CIS