USDT
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
The company earlier this month announced plans to invest part of its profits in BTC purchases and infrastructure.
Tether's USDT Trading Volume Falls to Lowest Level in Four Years: Kaiko
Crypto market research firm Kaiko is out with a new report, noting that trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.
Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
Binance assigned a zero fee discount to the BTC-TUSD trading pair last month, waiving the promotion from Tether’s USDT.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.
Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules
The 2021 payment to Tether's bank Deltec International was originally approved by FTX's Ryan Salame.
Tether Was a Client of Signature Bank's Signet: Bloomberg
Tether CTO Paolo Ardoino, in response to the Bloomberg article, denied the company has exposure to Signature Bank.
