On Tuesday, the US dollar-pegged stablecoin Tether reached 500 million users, providing an alternative for those who are unable to utilize conventional banking services to make transactions and save money. “Likely the biggest financial inclusion achievement in history,” Tether CEO Paolo Ardoino commented on X. According to Tether, this number
With a yearly inflation rate of 229% and a financial system in disarray, stablecoins like USDT have become the go-to money for millions of Venezuelans. According to Mauricio Di Bartolomeo, who left Venezuela before co-founding Ledn in 2018, Tether’s USDT, more often known as “Binance dollars,” is now used for
Tether, a leading stablecoin company, is reportedly having strategic conversations with mining firms and investment groups about potential capital investment in a variety of gold supply chain segments. This growth is a major diversification initiative outside the traditional treasury-based reserve strategy of the company. Strategic Gold Market Expansion Recent reports
The CEO of Tether announced intentions to bring USDT in full compliance with the GENIUS Act and to introduce a stablecoin tailored to the US market. As it prepared for the new law’s full application, Circle reiterated its completely compliant ecosystem. Tether’s Dual-Track Strategy for GENIUS Act Compliance The dual-track
On June 15, 2025, Tether Inc., the company behind the world’s most-used stablecoin, USDT, froze around $12.3 million worth of tokens on the Tron blockchain. The freeze happened at 09:15 UTC, according to Tronscan data, and was part of Tether’s push to shut down shady activity and stick to its
A new project, Stable, is being built, and it has unveiled its work on a blockchain where USDT, Tether’s stablecoin, is the option for paying transaction fees. Adding more to this, peer-to-peer transactions can incentivize on-chain exchanges for users in emerging markets. The increasing demand for stablecoins has led to
Tether and Bitfinex have made their appearance in a huge transfer of 25,812 Bitcoins to Twenty One Capital. The total value is nearly $1.5 billion. This transaction is seen as one of the largest BTC transfers in recent history, raising eyebrows and questions about it. This transfer is definitely turning
At Bitcoin 2025 in Las Vegas, Tether CEO Paolo Ardoino disclosed that the company currently holds more than 100,000 bitcoins, worth over $10 billion. Tether is the leader in the world for issuing US dollar-pegged stablecoins. As well as owning a great deal of bitcoin, the company has accumulated more
Tether’s withdrawal of USDT, the world’s most actively traded stablecoin, from the European market in response to MiCA regulations has created a humongous $150 billion liquidity gap. This sudden withdrawal has presented an opportunity for Ripple’s RLUSD to take dominance. The EU’s MiCA regulation that came into force in December
Stablecoin giant Tether has once again made headlines with a bold move to support Bitcoin adoption. On May 9, Tether purchased 4,812.2 Bitcoin worth approximately $458.7 million for Bitcoin investment firm Twenty One Capital, a strategic move ahead of the company’s planned SPAC merger with Cantor Equity Partners. The Bitcoins
