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Tether Holdings, the issuer of the world’s largest stablecoin, USDT, is reportedly exploring lending options for commodities trading companies as it seeks new ways to deploy this year’s profits amid the broader market recovery. According to Bloomberg, the discussions involve potential US dollar lend…
Blockchain firm Ripple has unveiled the platforms where its new stablecoin, RLUSD, will be available, aiming to penetrate a market largely dominated by Tether and Circle. Digital asset firm Ripple (XRP) has officially launched its U.S. dollar-pegged stablecoin in an…
TLDR Tether is exploring expansion into traditional finance, including commodities trading The company is considering lending US dollars to commodity traders Tether reported $5.2 billion in profits for the first half of 2024 USDT is approaching a $120 billion market capitalization Tether has been di…
Amid the arrival of Ripple’s new RLUSD offering, the stablecoin market has found a new challenger to the…
On Sunday, Tether, the issuing company behind the largest and most widely used stablecoin on the market USDT, marked a significant turning point by celebrating its 10th anniversary. In a recent interview with FOX Business, Tether’s CEO Paolo Ardoino addressed widespread criticism of the company’s al…
Tether's documentary highlights stablecoins' critical role in providing financial stability amid global inflation, impacting future crypto adoption. The post Tether unveils USDT documentary to celebrate 10-year milestone appeared first on Crypto Briefing.
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain…
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering …
The lawsuit alleges that the executives misappropriated Swan's intellectual property to launch a competing company backed by Tether.
Robinhood and Revolut are considering stablecoin launches, as Markets in Crypto-Assets (MiCA) regulation may disrupt Tether’s market domination in the EU. However, neither firm has made concrete assurances, and there are other competitors. Tether’s Market Domination Bloomberg reports that Robinhood …
Tether, the leading issuer of stablecoins, now controls over 75% of the entire stablecoin market, raising concerns about its transparency and potential risks to the broader cryptocurrency ecosystem. The post Tether’s Lack of Transparency Sparks $118B Liquidity Fears Amid Market Dominance first appea…
Tether’s market share surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant's influencer over the crypto industry.