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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.

Tether Co-Founder Reeve Collins is reportedly backing a new stablecoin project called Pi Protocol that will be backed by yield-bearing real-world assets like bonds. The new stablecoin is expected to debut on the Ethereum and Solana blockchains in the second half of the year, Bloomberg reported Tuesday (Feb. 18).

Reeve Collins, co-founder of Tether (USDT), is re-entering the $233 billion stablecoin market with Pi Protocol, a decentralized, yield-generating stablecoin set to launch on Ethereum and Solana in late 2025. The post Tether Co-Founder Supports New Stablecoin Project on Ethereum and Solana appeared first on Cryptonews.

The former CEO of stablecoin firm behemoth Tether is throwing his support behind a new USDT rival, according to Bloomberg. Tether co-founder Reeve Collins is now the chairman and co-founder of Pi Protocol, the maker of a new USDT competitor, USP, Bloomberg reports.

The Open Network has evolved into a thriving web3 ecosystem with $193M TVL and $1.28B in stablecoins. Factorial Finance prepares to launch USDT borrowing against TON on February 19.

The USP stablecoin will allow users to earn yield backed by bonds and other real-world assets.

Reeve Collins, a co-founder of Tether, is creating a new stablecoin project called Pi Protocol. He hopes to democratize stablecoin minting and yield returns to incentivize new adoption.

In a recent development, Tether is all set to invest in South African energy company Adecoagro S.A., with a preliminary bid to acquire a significant stake. This move is part of Tether's ongoing global investment strategy, following its recent partnership with Juventus.

Reeve Collins, one of Tether's original co-founders, plans to launch a stablecoin on Ethereum and Solana by 2025's second half.

Reeve Collins, one of the original architects behind Tether USD (USDT), is backing a new yield-bearing stablecoin project called Pi Protocol. Collins co-founded Tether alongside Brock Pierce and Craig Sellars and served as its first CEO from 2013 to 2015.

Collins served as Tether's first chief executive officer from 2013 to 2015, after creating the stablecoin with Brock Pierce and Craig Sellars.

Tether CEO Paolo Ardoino has suggested that advancements in quantum computing could make it possible to hack and retrieve lost Bitcoin, including the nearly 1 million BTC supposedly held by Bitcoin's pseudonymous creator, Satoshi Nakamoto.

Co-founder and CEO of Amboss, Jesse Shrader, believes that broader adoption of the Lightning Network is just around the corner and that USDT on Lightning is a game changer.