Tether Won't Try to Make USDT Comply With US Laws, 'Needs' New Stablecoin: CEO
Tether pictures a long-term reality in which USDT is not offered in either the United States or Europe, Paolo Ardoino said Friday.
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Tether pictures a long-term reality in which USDT is not offered in either the United States or Europe, Paolo Ardoino said Friday.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.
There are few things that are forever on the crypto market, but at least the battle between two major stablecoins USDT and USDC, and their issuing companies Tether and CIrcle, is here to stay for a while.
As Circle files for its IPO, what implications will this have for the broader stablecoin market? Can it challenge Tether's $160B dominance?
A growing number of officials in Ukraine are investing in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) while the U.S. dollar-pegged stablecoin Tether (USDT) is the most popular store of value among the digital assets in their possession.
The new Ripple stablecoin's market cap has grown fivefold in less than a month as the company has secured key exchange listings.Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating.
Tether's strategic advisor Gabor Gurbacs has taken to his X account to discuss the prospects Bitcoin may have in the next few years. He has shared his bullish opinion with the community, drawing parallels to another popular safe haven asset – gold.
United States has finally passed the STABLE Act for all USD-pegged stablecoins operating in the country, such as Tether (USDT), Circle (USDC), and others. This is a major milestone for the US stablecoin industry as the US House Financial Services Committee passed the act with a 32-17 vote to bring clarity to this digital assets
Eight crypto wallets used by financial facilitators of the Houthis were identified and sanctioned by the United States Treasury.
GameStop and Tether are deepening their exposure to Bitcoin, with GameStop raising $1.5 billion to add the cryptocurrency to its treasury and Tether expanding its Bitcoin holdings.
The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing.
Shady crypto mixing protocol eXch is merging with an offshore entity and restructuring to evade scrutiny over laundering tens of millions stolen from Bybit.
Tether, the company issuing the largest stablecoin, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. Now, Tether's wallet is 7.8 billion dollars and is the sixth largest holder of BTC in a single wallet. Tether, the company issuing the largest stablecoin USDT, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. The CEO of Tether, Paolo Ardoino, shares the announcement on X:
South Korean police are hunting for three foreign nationals accused of fleeing the country after stealing 240 million won ($163,000) in cash as part of an OTC USDT trade. The post South Korean Police Launch International Manhunt for ‘OTC USDT Thieves' appeared first on Cryptonews.
Tether, the developer of USDT, has added 8,888 Bitcoins to its holdings valued at around $735 million at the time of the transaction. This latest market move by the popular stablecoin issuer was reported by Arkham.
Bitcoin broke out from a bullish inverted head-and-shoulders pattern and is poised to hit the $88,500 level.
The world's largest stablecoin provider Tether, on April 1 revealed bitcoin purchases totaling 8,888 BTC made during the first quarter of 2025, bringing its overall bitcoin holdings to 92,647 BTC or a mammoth $7.8 billion. Onchain data shows that the Q1 purchases were all moved simultaneously into Tether's primary bitcoin wallet on March 31st.
Tether has bolstered its Bitcoin reserves with a $735 million purchase of 8,888 BTC on the last day of Q1 2025, bringing its total holdings to 100,521 BTC, valued at approximately $8.44 billion, cementing its prominent position in the cryptocurrency market. The post Tether Quietly Becomes One of Bitcoin's Largest Whales With $8.44B in Holdings appeared first on Cryptonews.
Tether, this whale of the digital seas, seizes 8,888 BTC, its unwavering quest for the elevation of the dollar in a fluctuating world where only the stability of Bitcoin shines.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Stablecoin issuer Tether bought 8,888 bitcoin worth approximately $735 million in the first quarter of 2025. CoinDesk's Christine Lee explains market reaction on "Chart of the Day.
Binance enforces MiCA rules, delisting non-compliant stablecoins for European customers.
The stablecoin issuer said that mark-to-market gains on Bitcoin and gold reserves led to a record-breaking quarter.
Binance stops all EEA spot trading operations for USDT in compliance with MiCA regulatory standards. Stablecoins such as USDT must comply with MiCA requirements through full transparency systems to gain EU market permissions.