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
A blockchain-enabled platform, Tether, has publicized the positioning of its native USDT stablecoin on Kaia blockchain, a layer 1 network launched in August last year on May 7. As per the announcement, USDT will be amalgamated into the Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet. Tether posted
Tether, the world’s largest stablecoin issuer, is preparing to launch a new U.S.-based dollar-pegged stablecoin by the end of 2025 or early next year. CEO Paolo Ardoino broke the news during an interview at the Token2049 conference in Dubai, where he emphasised a change in company strategy toward closer regulatory
Cantor Fitzgerald is stepping forward to create a Bitcoin investment vehicle. The son of the US Commerce Secretary, Howard Lutick, leads the firm and plans to initiate a $3 billion Bitcoin venture. This initiative gathered support from other industry giants such as SoftBank, Tether, and Bitfinex. The Financial Times reported
According to Arkham Intelligence, Tether, the issuer of USDT, added 8,888 Bitcoin, worth $735 million, in Q1 2025. This resulted in an overall increase in bitcoin holdings to 100,521 BTC, valued at roughly $8.29 billion. Tether will continue to inject Bitcoin purchases with 15% of profits from other activities, a
Markets in Crypto Assets (MiCA) came into effect on December 30, 2024 to regularize the crypto industry in Europe. The increasing adoption and recognition of digital assets has made it mandatory to bring clear regulatory policies. However, its guidance over stablecoin issuance is unclear so far. The issue came to
Thai police collaborated with Chinese authorities to freeze $2.5 million in Tether (USDT) linked to a high-profile scam operation. The suspects, two Chinese nationals, Ye Wanyou, 29, and Li Weijie, 30, were arrested on February 5 at a Bangkok residence. These two are reportedly said to have attempted to erase
The crypto market is struggling to pick up as Bitcoin fell below the $97K level and Ether trading in the $2,600 zone. Major altcoins such as XRP, Solana, BNB, Dogecoin, Cardano, and Tron are following BTC and ETH in terms of market price momentum. Total crypto market capitalization dropped by
