Tether Fuels Crypto Adoption with Major Investment in Oobit
TL;DR Tether, one of the largest stablecoin issuers in the crypto industry, has invested strategically in Oobit, a mobile payment application, raising $25 million in a Series...
Tag : Tether
Tether: Record 71% Dominance and Regulatory Challenges
Tether, the issuer of the USDT stablecoin, has consolidated its dominance in the cryptocurrency market by reaching an impressive 71% share in 2023, raising its...
Tether issues 1 billion USDT to control and replenish inventory
Tether Treasury recently generated an additional 1 billion USDT tokens on the Ethereum network, as reported by a blockchain monitoring and analytics platform. This event...
Tether Appoints New CEO
Tether, the company behind the world’s largest stablecoin by market capitalization, has announced a change in its leadership, Bloomberg reports. Paolo Ardoino, who has been serving...
Tether Partners with Georgia to Build Bitcoin P2P Network
The Georgian government and Tether, a company that issues stablecoins, have agreed to work together on a memorandum of understanding (MoU) to create Bitcoin and...
Tether (USDT) Loses Peg Amid Crypto Market Turmoil
The crypto markets are in a slump today, despite the Fed’s decision to pause its interest rate hikes yesterday. The markets were caught off guard...
Tether Expands USDT Supply on Ethereum with 1 billion Chain Swap
Tether, a leading stablecoin provider in crypto, has minted one billion USDT tokens on Ethereum. This transaction, which cost only $25.72 in fees, is authorized...
Tether Shows Confidence in Bitcoin’s Future
Tether, the world’s largest stablecoin issuer by market capitalization, has announced a new investment strategy to diversify its reserves that back its USDT token. The...
Tether (USDT)’s Market Dominance Goes Past 50% as BUSD Loses Ground
The stablecoin market has been subject to several shocks as the crackdown of the SEC against Paxos is gearing up. The current uncertain situation is...
Coinbase Condemns Tether’s USDT, Urging Users to Switch to USDC
As worries about Tether’s USDT’s authenticity and reserves grow, Coinbase, one of the world’s leading cryptocurrency exchanges, has advised its customers to change to its...