Stablecoin Market Cap Hits Record $168 Billion
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Tether
Tether Plans Workforce Expansion to Boost Compliance and Financial Strength
TL;DR Tether plans to double its workforce to strengthen its compliance and finance areas. The company generates significant profits with a small workforce and is...
Tether Advocates for Decentralized Tech After Global IT Outage
TL;DR Global outage in centralized technology: A global outage on July 19, caused by a technical issue with CrowdStrike software, revealed weaknesses in centralized systems....
Tether Hires Philip Gradwell as Chief Economist
TL;DR Tether has appointed Philip Gradwell as its new Chief Economist. Bringing with him six years of experience as Chief Economist at Chainalysis and deep...
Tether Makes a Strong Move in Eastern Europe Hand in Hand with CityPay.io
TL;dR Tether announces investment in CityPay.io to promote cryptocurrency adoption in Eastern Europe. CityPay.io, with over 600 locations in Georgia, is key in the regional...
Tether Achieves ‘Gold Standard’ Security with SOC 2 Type 1 Audit Completion
TL;DR Tether’s Enhanced Security Measures: Tether, a leading cryptocurrency company, has completed a SOC 2 Type 1 audit, demonstrating that its IT systems meet high...
Massive USDT Issuance by Tether Sparks Speculation on Bitcoin Price
TL;DR Tether issued over a billion dollars in USDT, fueling speculation about movements in the crypto market. Tether CEO Paolo Ardoino explained that the new...
Tether Unveils Official Recovery Tool Amidst Market Cap Milestone
TL;DR Tether, the issuer of the world’s largest stablecoin USDT, has launched an official recovery tool to help users transfer their USDT holdings from unresponsive blockchains,...
FTX and Alameda Research Face a New Lawsuit: Allegations of Fraudulent Manipulations with USDT
TL;DR A lawsuit against FTX and Alameda Research exposes an alleged fraud scheme related to the stablecoin Tether (USDT). It is alleged that FTX used...
Hoskinson Alerts on Control of Stablecoins by Industry ‘Vampires’
TL;DR Charles Hoskinson warns about the dominance of companies like Circle and Tether in the stablecoin market, controlling 70% of transaction volume. Hoskinson highlights concerns...