Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
USDT, the biggest stablecoin in terms of market capitalization, has flipped top payment processors Visa and Mastercard in terms of settlement volume, according to a recent tweet by Tether. … [Read more...] about Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
Tether launches gold-backed stablecoin XAUT
Stablecoin issuer Tether has announced the launch of Tether Gold token, or XAUT, a new stablecoin that is pegged to physical gold. … [Read more...] about Tether launches gold-backed stablecoin XAUT
Crypto news in brief (May 27, 2019): Tether, bitcoin ETF, Kraken, Bitfinex, Ethfinex, Tokinex
- Tether admitted that it had invested some of its reserves in bitcoin and other assets - The US SEC has delayed its decision on the VanEck/SolidX bitcoin ETF proposal again - Kraken paid 250 salaries to staff in bitcoin in April - Bitfinex and Ethfinex launched IEO platform Tokinex … [Read more...] about Crypto news in brief (May 27, 2019): Tether, bitcoin ETF, Kraken, Bitfinex, Ethfinex, Tokinex
Tether redefines its collateral wording to ‘cash equivalents and other’
The policy update could be related to the ongoing investigation by the US Department of Justice on alleged price manipulation, launched in November. … [Read more...] about Tether redefines its collateral wording to ‘cash equivalents and other’
Crypto news in brief (December 17, 2018): South Korea, Coinbase and PayPal, Belgium, Tether
- Two South Korean ministries have launched a blockchain project for the container shipping industry - Coinbase has announced that U.S. customers can now instantly withdraw balances to PayPal - Belgium’s FSMA has updated its list of suspicious cryptocurrency-related websites that show signs of fraudulent activities - Bloomberg has reviewed some bank statements of Tether … [Read more...] about Crypto news in brief (December 17, 2018): South Korea, Coinbase and PayPal, Belgium, Tether
Crypto news in brief (June 13, 2018): Bitcoin, Google trends, JD.com, LG, Monero, Tether
– Bitcoin still beats in Beyonce in Google search – JD.com plans to issue asset-backed securities – LG will develop blockchain for South Korea's Mint – 5% of Monero mined through malware – USDT was used for bitcoin price manipulation, claim researchers at the University of Texas … [Read more...] about Crypto news in brief (June 13, 2018): Bitcoin, Google trends, JD.com, LG, Monero, Tether
Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea
LINE, a messaging app, enters cryptocurrency market. Samsung to produce cryptocurrency mining hardware. US financial regulator subpoenas Bitfinex and Tether. South Korea doesn't intend to shut down cryptocurrency trading. … [Read more...] about Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea