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Tether has introduced the Wallet Development Kit (WDK), an open-source, self-custodial toolkit for developers to create Bitcoin and Tether (USDT) wallets. Designed to provide financial autonomy, WDK by Tether supports both human and AI-driven entities, enabling them to manage their assets independently.
USDT issuer Tether launches a software development kit for non-custodial Bitcoin and stablecoin wallets.
Tether releases WDK, an open-source toolkit enabling non-custodial wallet integration for USD₮ and Bitcoin, advancing decentralized financial systems for developers.
Stablecoin giant Tether has created an additional four billion USDT as Bitcoin (BTC) and digital assets make another run to the upside.
Armed robbers in Thailand, where Devcon will be held, stole $250,000 from a Ukrainian crypto user on Monday, Nov. 11.
The company's investment branch recently financed a large oil transaction involving 670,000 barrels of crude oil from the Middle East. This oil, valued at around $45 million, was traded by a well-known global oil company.
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether's USDT Expands by 34% in 2024 Over the past year, USDT's supply climbed by 34.27%, rising from $91.73 billion to $123.17 billion.
Tether has successfully completed its first crude oil transaction in the Middle East, marking a pivotal move into the commodities trading sector.
Tether is back in the spotlight, this time for assisting the authorities in solving a crypto crime. According to multiple reports, the stablecoin firm recently helped the Ontario Provincial Police in a crypto robbery worth $10,000 CAD.
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar.
Tether, the issuer of the popular stablecoin USDT, announced the successful completion of its first crude oil transaction in the Middle East.
The stablecoin market has surged past $176 billion, reaching levels last seen in 2022. With Tether (USDT) and USD Coin (USDC) leading the way, this rise shows how stablecoins are quickly gaining traction in the crypto space. Here's what's behind the growth and what it means for the future.
HashKey Global's support for TRC-20 USDT and TRX boosts TRON's global reach, enhancing blockchain adoption and digital asset accessibility. The post HashKey Global announces support for TRC-20 USDT and TRX appeared first on Crypto Briefing.
Tether's Investment division is announcing the financing of a $45 million physical crude oil transaction between a major oil company and a commodity trader. In a new announcement, the USDT-stablecoin issuer says that this transaction is Tether Investments' first crude oil transaction in the Middle Eastern region, marking Tether's expanding role in global commodities trading.
Tether has completed its first USDT-based crude oil transaction in the Middle East, financing a $45 million deal involving 670,000 barrels, as part of its strategy to expand into commodities trading and modernize global trade flows. The post Tether Completes First USDT-Based Crude Oil Transaction in Middle East appeared first on Cryptonews.
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region.
Tether recently assisted the Ontario Provincial Police in recovering $10,000 CAD worth of stolen cryptocurrency. This recovery was achieved through Tether's collaboration with the OPP's Cyber Investigations Team, showcasing the company's commitment to supporting law enforcement in combating cybercrime.
Tether, the issuer of the world's largest stablecoin, has recently minted $2 billion worth of USDT on the Ethereum network, while simultaneously reallocating funds across multiple leading cryptocurrency exchanges. This move, coming on the heels of an earlier $1 billion mint on the Tron blockchain, has caught the attention of the crypto community and market analysts.
Tether has entered the oil trading market with a $45 million deal financing 670,000 barrels of Middle Eastern crude oil, marking its expansion from cryptocurrency into traditional commodity trading.
Tether has made the funding for the first time for crude oil transactions in the Middle East. This action is part of stablecoin's issuer's bigger plan to expand its business in the world of commodity trading.
TL;DR Tether has completed its first USDT crude oil transaction in the Middle East, financing 670,000 barrels of oil worth $45 million. The operation strengthens the company's role in global trade financing. Its Tether Trade Finance division offers modern and accessible solutions.
Tether's investment division completes its first Middle Eastern crude oil transaction.
