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The USDT issuer first bought a stake in the bitcoin mining company in May 2024.

PancakeSwap's CAKE token has surged 37% in the past 24 hours, reaching $2.49, and has seen a 57% increase over the past week.

As per recent a filing with the U.S. SEC, stablecoin giant Tether has increased its stake in Bitcoin mining firm Bitdeer (BTDR). The filing shows that Tether and its subsidiaries, currently hold a total of 31,891,689 Class A common shares in Bitdeer, representing 21.4% of the company's outstanding shares.

Solana just celebrated its fifth birthday, and a recent study shows highly exaggerated USDT volatility on the network's transport layer. This suggests a high level of speculative interest in the platform, fueled by the meme coin craze and other factors.

Decentralized exchange PancakeSwap is reaping the rewards of a Binance Smart Chain surge—sending its CAKE token flying.

Donald Trump's ties to cryptocurrency projects, his holdings and those of Trump-backed World Liberty Financial have raised red flags in the crypto community on several occasions. As the Trump administration changes its stance from the U.S. President's previous term and turns pro-crypto, several crypto companies with close ties to Trump and his aides have gained or set their sights on gaining from association.

Russian oil companies are using Tether to convert Chinese yuan and Indian rupees to Russian roubles to make the transaction process smoother. This bypasses Western sanctions and establishes a more independent way to conduct cross-border transactions.

Here's how the GENIUS Act's provisions could impact Tether's operations in the U.S.

Will the GENIUS Act push stablecoins into mainstream finance, or will Tether struggle to meet transparency and reserve requirements under the new U.S. regulatory framework? Stablecoins get a rulebook For the first time in U.S.

Russia is using cryptocurrencies in oil transactions with India and China, according to a new Reuters report.

Galaxy head of research Alex Thorn believes the GENIUS Act could favor Tether by allowing it to operate under relatively flexible conditions. Thorn assessed that the bill would open a pathway for Tether to register onshore but would not require it to do so to continue operations.

TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary Process: Payments in local currencies are funneled through offshore accounts, where they are converted into cryptocurrencies and later exchanged for rubles.

Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether's USDT.

Tonkeeper Pro, the upgraded version of the leading self-custody Tonkeeper wallet for The Open Network (TON) blockchain, now supports Tether (USDT) TRC20 tokens with no Tron (TRX) required, as per the latest updates shared with Finbold on Friday, March 14.

Russian businesses are turning to cryptocurrency for trade deals with China and India.

This marks a significant shift in how Russia navigates global financial restrictions. It is using digital assets to keep its oil flowing.

Russian companies have been using cryptocurrencies like Bitcoin and USDt to facilitate international trade with China and India, according to a Reuters report.Russian oil companies have been using crypto assets like Bitcoin (BTC) and Tether's USDt (USDT) to accelerate international trades, Reuters reported on March 14, citing four sources with direct knowledge of the matter. One Russian oil trader reportedly conducts tens of millions of dollars worth of monthly transactions using digital assets, according to a source who spoke on condition of anonymity due to a non-disclosure agreement.

Bitcoin's price outlook is improving as stablecoin liquidity surges, with USDT market cap expanding by $5.75 billion in the past 60 days. According to CryptoQuant's Mar. 13 post on X, this increase surpasses its 60-day simple moving average of $3.

The outlook for Bitcoin (BTC) is showing signs of improvement as stablecoin liquidity increases and key market indicators signal a potential reversal of the recent deep correction. CryptoQuant highlighted a significant expansion in the market capitalization of Tether USD (USDT), which usually leads to rising Bitcoin prices.

Tether CEO Paolo Ardoino shared his thoughts into the future of stablecoins and the impact of new legislation from the White House.

Tether CEO Paolo Ardoino has expressed excitement regarding the much-hyped stablecoin bill, which passed the U.S. Senate Banking Committee earlier today.

Tether is angling to join Cantor Fitzgerald's Bitcoin financing business, citing a long-term business relationship. A press release by Cantor Fitzgerald omitted the stablecoin issuer but its CEO says a partnership is still in play.

Get a jump start on the US trading day with "Bloomberg Open Interest". Matt Miller, Katie Greifeld and Sonali Basak.

The following is an opinion piece by Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList. Stablecoin Act drafts that would effectively ban Tether and other non-US stablecoin issuers from the US market due to offshore operations are circulating.