Tether, the world’s largest stablecoin USDT company, is now reconsidering its large fundraising plan. Earlier reports suggested that the company was planning to raise around $20 billion by selling new shares. This plan could move the company’s value to nearly $500 billion. But now talks say that the company may
Tether has partnered with Opera to expand its Stablecoin USDT and its tokenized gold XAUT through Opera’s Mini wallet. After this announcement, the Opera’s stock has sharply risen to 18%. With the new integration, Mini users can now send, receive, and hold USDT. They can also convert part of their
Tether is expected to launch open-source Bitcoin mining software in 2026. This is Tether’s entry into the blockchain infrastructure sector. The software will promote transparency and decentralization in mining. The move is in line with the innovation in Bitcoin mining and the development of blockchain infrastructure. Companies are moving beyond
Circle’s USDC has dominated the U.S. institutional market for so many years. Now analysts say that Tether’s newly launched USAT could become the first credible domestic challenger to USDC. What is USDC USAT is a dollar-backed stablecoin created for use inside the United States. USAT is designed to meet the
Tether, the company behind the issue of one of the widely recognized stablecoins, has made a strategic partnership announcement with Bitqik, which is recognized as a licensed digital assets exchange within Laos, to develop digital asset knowledge in the region of Southeast Asia, as of January 19, 2025. Under this
The company behind USDT, Tether, had frozen more than $180 million in USDT on January 11, according to data from blockchain surveillance website Whale Alert. The freezes were carried out in five consecutive transactions, affecting several Tron-based wallets with sums that range from $12 million to $50 million; a total
Following the United States’ capture and extradition of Venezuelan leader Nicolás Maduro earlier in the month, the role of Tether’s USDT stablecoin in the economy of Venezuela has come into renewed focus. USDT, being a stablecoin pegged on the value of the US dollar, is an integral part of the
Tether, a stablecoin issuer, has unveiled a new denomination called Scudo for its Tether Gold (XAUt) token. It is a gold-backed crypto, which represents the ownership of physical gold. As gold prices have reached record highs, Tether aimed for everyday payments in gold, expanding its token use case beyond a
In the context of a fear-driven crypto market, many entered 2026 cautiously. Tether, the largest stablecoin issuer, is quietly heading in the opposite route, which has boosted its exposure to Bitcoin. Tether CEO Paolo Ardoino announced on January 1 that the company had acquired 8,888.8888888 BTC as part of its
Tether and Circle minted USDT and USDC, respectively, and the crypto market is curious about the reason. Both transactions happened in just 12 hours on different networks for a total of 2 billion tokens. The development comes at a time when crypto prices are fluctuating – teasing highs one moment
