Tether leads $10m funding round for cross-border fintech provider MANSA
Stablecoin issuer Tether backs MANSA's $10 million funding in a bid to streamline liquidity for global payments.
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Stablecoin issuer Tether backs MANSA's $10 million funding in a bid to streamline liquidity for global payments.
The European Union has approved 10 firms to issue stablecoins under its Markets in Crypto-Assets (MiCA) regulatory framework, excluding Tether, the issuer of USDT.
MANSA offers onchain liquidity services to to enhance cross-border payments for firms and plans to use the funding for global expansion.
The largest stablecoin issuer, Tether, has been excluded from the European Union's latest MiCA regulation approvals, which granted licenses to 10 stablecoin providers. This move highlights the EU's strict stance on crypto asset regulations, raising concerns about market restrictions and potential delistings of USDT within the bloc.
The European Union (EU) has approved ten stablecoin issuers under the Markets in Crypto-Assets (MiCA) regulations. This marks a key step in the bloc's approach to cryptocurrency regulation.
Stablecoins are waiting in the sidelines, with the potential to shift the market direction. In the past day, net flows to exchanges accelerated for the first time since February 3.
DeFi activities have picked up on several networks after increased stablecoin supply. TRON has become a major USDT hub with record volumes in the last four years.
Tether, the largest stablecoin issuer in the world, has been spotted sending $800 million worth of its USDT to Binance, the biggest crypto exchange by volume. According to data from blockchain “de-anonymizing” firm Arkham, Tether sent two batches of 400 million USDT to Binance early on Wednesday.
Bitcoin (BTC) continues to consolidate below $100,000, but technical indicators, alongside the asset's relationship with Tether (USDT), could signal a new record-high path towards the $150,000 mark.
TL;DR Tether has launched TradeFi, a blockchain-based platform aimed at improving global trade through financing solutions. TradeFi promotes financial inclusion and integrates industries by reducing costs and increasing efficiency in sectors like crude oil and copper.
The European Union continues to lead the world in regulations, but at the cost of economic growth, competitiveness and tech innovation.
Tether has introduced TradeFi, a new service designed to enhance global trade through innovative financing solutions. On Feb. 19, the company's CEO, Paolo Ardoino, shared the announcement on X, emphasizing that TradeFi will address the financial needs of modern commerce.
Having USDT on Bitcoin and Lightning creates a potential threat to Bitcoin's security and is a stain on the soul of Bitcoin.
TL;DR Reeve Collins, co-founder of Tether, launches a new stablecoin called Pi, backed by real-world assets like bonds, to compete with USDT. The Pi Protocol will be launched on the Ethereum and Solana blockchains, utilizing smart contracts to issue the stablecoin.
The cryptocurrency market is currently experiencing a period of caution, with one of the most significant signs being the drop in Tether (USDT) flows to exchanges. This trend indicates that traders are becoming increasingly hesitant to deploy capital into the market, especially as altcoins continue to struggle.
TL;DR Tether and Circle minted $1.25 billion in stablecoins, increasing liquidity and enhancing market stability. The influx of stablecoins may positively impact market sentiment and attract more investors and traders. Regulatory scrutiny and transparency are crucial as Tether and Circle continue their significant minting activities. Tether and Circle have collectively minted $1.
Tether co-founder Reeve Collins is launching Pi Protocol in late 2025, featuring a yield-bearing stablecoin (USP) backed by traditional assets, accompanied by governance NFTs (USPi) and reward tokens (USI), initially deploying on Ethereum and Solana networks.
Adecoagro, a leading producer of milk, rice, and renewable energy, confirmed receipt of the proposal and is currently reviewing it with financial and legal advisors. The post Tether Seeks Majority Stake in South American Agribusiness Adecoagro appeared first on Cryptonews.
Adecoagro is one of the leading agro-industrial companies in South America.
Bloomberg has revealed an ongoing project for the launch of USP, a new stablecoin that promises returns.
Tether co-founder Reeve Collins is backing a new stablecoin project that will introduce competition to the market he once helped pioneer.
In the two weeks since the early February drop, TOTAL3 has retested the range lows as resistance and fallen lower once again.
Reeve Collins, the co-founder of Tether, is making a return with the USP stablecoin which will launch on Ethereum and Solana.
The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.