The USDT stablecoin’s developer, Tether, has revealed letters it sent to lawmakers in the US, in which it responds to demands for the DOJ to step in over illegal USDT transactions. On November 16 and December 15, the messages were addressed to members of the United States House Financial Services
Tether, the stablecoin issuer, said on December 9 that it is launching a voluntary wallet-freezing policy as part of its ongoing efforts to cooperate with regulatory and law enforcement organizations. Tether has been imposing restrictions on the secondary market to block transactions with Sanctioned individuals on the OFAC Specially Designated
From his role as CTO to that of chief executive officer (CEO) of Tether, Paolo Ardoino made the jump on December 1. At a time when the firm is placing a premium on diversity and development, his hiring was meticulously plotted out. Ardoino expects that Tether’s primary business will generate
Tether, the company behind the popular stablecoin USDT, announced it will launch a euro-pegged cryptocurrency on Bitunix, a new Europe-focused digital asset exchange. In a recent tweet, Tether stated it would soon release Euro Tether (EUR₮) on Bitunix. This represents Tether’s latest expansion into fiat-pegged stablecoins beyond its flagship USDT
USDT stablecoin issuer Tether has been steadily minting new USDT tokens, producing 4 billion USDT during the previous month. Whale Alert revealed that on November 10, Tether released another billion Tether on the Tron network. According to Whale Alert statistics, the most recent USDT minting occurred only a few days
Injective (INJ) has displayed a significant surge of over 517% in the past year, reaching a 17-month high of $15.72. This price rally comes in the wake of a strategic collaboration with the Kava Network, aiming to expand access to stable assets like USDt. Injective has officially integrated @KAVA_CHAIN to
USDT stablecoin Issuer Tether’s CTO, Paolo Ardoino, will soon assume the role of Chief Executive Officer in December and lead the firm. The stablecoin issuer’s leadership change comes at a critical moment. Under Ardoino’s leadership, the stablecoin industry leader is making strides towards real-time reserve transparency. Italian software developer Paolo
Tether (USDT) is a leading stablecoin, pegged to the U.S. dollar at a 1:1 ratio. Using USDT for payments enables consumers to purchase products and services with this stable digital currency. How Does Tether (USDT) Work Relative to the more fluctuating crypto-assets dominating the market, Tether (USDT) stands out as
USDT stablecoin issuer Tether has appointed Paolo Ardoino as its new CEO. Jean-Louis van der Velde, the company’s former CEO, has moved into an advising position to continue his contributions. Ardoino’s growth into emerging fields and investment in Bitcoin have been met with praise from the cryptocurrency community. Paolo Ardoino
In a surprising turn of events on October 2, 2023, prominent whale data collector Whale Alert reported two substantial Tether (USDT) transactions worth $50 million each, originating from renowned crypto exchange Bitfinex and directed towards the “Tether Treasury” address. These transfers took place within a span of just two minutes,
