Tether invests in Zengo Wallet to advance self-custody
Tether has announced a strategic investment in self-custodial crypto wallet Zengo to enhance the security and accessibility of blockchain tools. In a press release shared to crypto.news, Tether (USDT)’s investment aims to help Zengo Wallet further develop its blockchain-based financial tools in order to create a seamless process for Tether’s stablecoins across various major ecosystems. […]
PAX Gold, Tether Gold steady, as BitLemons emerges as a leading GambleFi player
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Gold-backed tokens PAXG and XAUt offer stability, while GambleFi platform BitLemons raises $1m in seed funding. While gold-backed tokens PAXG and XAUt provide stability in uncertain markets, the unique GambleFi platform BitLemons (BLEM) is […]
Tether CEO predicts quantum computing could recover lost BTC
Tether CEO Paolo Ardoino says quantum computing advances could eventually return lost Bitcoin to circulation, including Satoshi Nakamoto’s holdings if the creator is deceased. Ardoino also stated that quantum computing currently poses no immediate threat to Bitcoin’s cryptography. Prediction. Quantum computing is still very far from any meaningful risk of breaking Bitcoin cryptography.Quantum resistant addresses […]
Quantum computing will bring lost Bitcoin 'back in circulation' — Tether CEO
Tether CEO Paolo Ardoino claims quantum computing will hack Bitcoin in “lost wallets” and return it to circulation — a move one trader warns could drag Bitcoin back to the “stone ages.” Source link
Tether CEO ‘not worried’ about concerns over USDT competition
Tether CEO Paolo Ardoino dismissed concerns about stablecoin competition. Tether CEO Paolo Ardoino has dismissed concerns about competition in the stablecoin market, emphasizing Tether’s (USDT) decade-long growth and extensive distribution network. Tether is currently facing regulatory challenges in Europe due to the European Union’s Markets in Crypto-Assets regulations, leading exchanges like Crypto.com and Kraken to […]
Stablecoin issuer Tether to expand dealmaking beyond crypto: report
With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals. Tether (USDT), the $140 billion stablecoin issuer, is gearing up to expand its investments beyond the crypto space as the firm’s reserves grow, Bloomberg has learned, citing sources close to the firm. The firm’s financial muscle […]
UAE real estate embraces stablecoins as Tether, Reelly Tech educate agents
Tether and Reelly Tech are teaming up to integrate USDT into real estate transactions in the UAE. The partnership aims to improve efficiency in real estate deals while educating agents on the practical applications of stablecoins. Reelly Tech, which connects over 30,000 real estate agents across the UAE and international markets, will collaborate with Tether […]
Tether CEO reveals sneak peek of AI apps in the works
Tether CEO Paolo Ardoino shares a preview of the AI features that the stablecoin firm is currently developing alongside its own AI SDK platform. In a recent post, Ardoino unveiled three short clips that showcase how Tether’s artificial intelligence apps would work in the future for desktop and mobile phone users. At the moment, Tether […]
Kraken to delist Tether USDT, 4 other stablecoins in Europe
Kraken will delist Tether’s USDT and four other stablecoins in Europe to comply with MiCA regulations, following a phased approach to minimize market disruptions. Source link
Tether marks $13b profit in 2024, T-Bill holdings at ATH
Tether reported a net profit of $13 billion in 2024, driven by its businesses, including the issuance of USDT, the largest stablecoin in the crypto market. Tether, the issuer of crypto’s biggest stablecoin (USDT), generated $13 billion in profits last year amid soaring digital asset adoption and a new all-time high in U.S. Treasury Bills […]
