Tether, the issuer of the world’s largest stablecoin by market capitalization (USDT), has announced that it took part in the first round of a new billion-dollar renewable energy initiative in El Salvador. Moreover, it is looking to invest $1 billion to build the world’s largest Bitcoin mining farms. Tether Energy
The world’s first stablecoin, Tether (USDT) has joined hands with CityPay.io, the cryptocurrency payment gateway. Hence, the company expands to around 600 locations all over the Georgian country. The presence is seen in public places like hotels, retail shops, and much more. Tether expands its presence in Georgia🇬🇪 We have
Tether, the firm behind the USDT stablecoin, has announced a new, substantial commitment to support Bitcoin, after its prior disclosure that it would be purchasing Bitcoin with profit. Tether has now launched Tether Energy in Uruguay. Where they want to invest in the sustainable generation of electricity and the mining
There have been shifts in the last year regarding the market domination of stablecoins linked to the US dollar. Tether USDT, however, has returned to its all-time high, according to statistics compiled by CoinGecko, while the majority of cryptocurrencies are on a negative trend. Circle’s USDC market share has dropped
In a landmark move, Tether, the well-known stablecoin, has entered into a Memorandum of Understanding (MOU) with Business & Technology University (BTU). This is based in Georgia. Based on reports, Tether’s collaboration with BTU promises to equip students with the vital knowledge and skills required to flourish in the rapidly
Tether has announced its plan to purchase hundreds of millions of dollars’ worth of Bitcoin to back its USDT token. The company intends to invest 15% of its net profit into Bitcoin as part of a strategy to diversify its reserves. This move comes as Tether aims to maintain a
Tether, the top blockchain platform powering the world’s original and widely-used stablecoin, has joined forces with KriptonMarket. This collaboration seeks to revolutionize payment methods for small businesses in Argentina, specifically focusing on the Central Market of Buenos Aires. 🇦🇷KriptonMarket launches payment collaboration for small Businesses in Argentina with Tether. The
On Wednesday, stablecoin issuer Tether said that it will begin making regular purchases of Bitcoin (BTC) for its stablecoin reserves. Thus, spending a portion of its earnings to do so. As part of a new investment strategy centered on the world’s biggest cryptocurrency by market value. Tether🧡#Bitcoin Starting this month,
One of the official representatives of the U.S. Securities and Exchange Commission (U.S SEC), John Reed Stark warns to ban Tether (USDT) from financial regulators of crypto-based companies in America. He also portrays Tether as a ‘Mammoth House of Cards‘. As per John, Tether would be the next denomination to
BDO Italia, one of the major international networks of audit and professional services, has revealed that Bitcoin has made up around $1.5 billion of the Tether reserves, which is nearly 2% of the total at the end of Q1. Recently, the stablecoin issuer Tether released the Q1 2023 results. According
