Browsing Tag
Tether
478 posts
21-bank stablecoin has global backing, but can it rival USDT and USDC?
A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and…
Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves…
Tether’s USDT0 launches on Stellar with cross-chain liquidity
USDT0 has launched on Stellar through LayerZero, connecting wallets, exchanges and applications to Tether-backed cross-chain liquidity.
Plenti Raises $3M From Tether, Verda Ventures to Expand Across Latin America
Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”). Colombian Fintech Plenti raises $3 million in…
Deribit already holds 96.6% of Coinbase’s derivatives open interest ahead of Sept. 9 migration
Nearly all the open interest displayed on Coinbase’s derivatives dashboard already sits at Deribit, its global derivatives venue,…
Tether sued over alleged unlawful $42.4M USDT freeze
Tether faces a New York lawsuit alleging it froze 42.4 million USDT before authorities obtained a warrant in…
The next currency crisis may be harder to contain because of stablecoins, New York Fed report shows
A New York Federal Reserve study found that dollar stablecoins are more likely to flow into wallets tied…
The GENIUS Act missed its statutory deadline and regulators are writing the rules anyway
Congress gave agencies one year to write stablecoin rules. They missed it by four months and counting. The…
Tether abandons $120M Uruguay Bitcoin mining project after power dispute
Tether’s planned Bitcoin mining expansion in Uruguay has collapsed after an electricity supply dispute with state utility UTE…
Binance users add 16,349 BTC as ETH, USDT fall
Binance’s 45th reserve report shows user BTC balances rising 2.55%, while Ethereum and USDT holdings both declined 2.57%.