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Tether has chosen Ink, Kraken's Ethereum-based layer-2 network, as the first platform for USDT0, with trading set to begin today at 15:00 UTC.

Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers.

Tether has announced the launch of the latest stablecoin – USDT0, which is now available on Kraken's Layer 2 solution built on Ethereum, Ink. This initiative is going to facilitate the compatibility of USDT stablecoin within various blockchain infrastructures.

TL;DR Tether launches its USDT0 token using Kraken's Ethereum scaling layer, known as Ink, to optimize transfers between blockchains. USDT0 aims to become a unified liquidity layer through LayerZero's Omnichain Fungible Token standard, offering greater efficiency and scalability.

Tether's cross-chain stablecoin solution, USDT0, has launched on Ink, the layer 2 blockchain by crypto exchange Kraken. In an announcement on Jan.

Tether debuts USDT0 on Krakens Ink Layer 2, with plans to expand its cross-chain stablecoin to MegaETH and Berachain. The post Tether debuts USDT0 stablecoin on Kraken's Ink Layer 2 appeared first on Crypto Briefing.

Kraken, founded in 2014, has doubled down on growth and “embraced startup mode," Ink creator Andrew Koller told The Block.

USDC achieved 78% circulation growth in 2024 through regulatory compliance and infrastructure expansion, though it still trails behind market leader Tether's $137.5 billion market cap.

Tether filed a lawsuit against Bitcoin financial services company Swan Bitcoin for alleged breaches of contract.

Ripple-promoted token XRP has flipped Tether's USDT stablecoin to claim its spot as the third-biggest crypto by market cap, trailing only Bitcoin (BTC) and Ethereum (ETH). XRP nearly touched the elusive $3 mark on Wednesday morning, reaching a level not seen since 2018.

Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy.

A report reveals that Tether, the world's leading stablecoin issuer, has reportedly initiated legal action against the bitcoin-focused firm Swan Bitcoin. Proceedings are said to have been filed in the High Court of England and Wales, marking the latest development in this unfolding dispute.

Tether filed a lawsuit against Swan Bitcoin, alleging breaches of agreements related to their 2022 Bitcoin mining joint venture.

Tether has initiated legal action against Swan Bitcoin, citing alleged breaches of contract related to their joint Bitcoin mining venture, established in 2022 under the name 2040 Energy.

Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate. The stablecoin company claimed that Swan had significantly breached their agreements, prompting the lawsuit to safeguard its investment.

TL;DR Stablecoins accounted for 35.5% of all crypto transactions in 2024, with USDT leading at an impressive 97.2%. The United States leads cryptocurrency purchases, surpassing Germany and the United Kingdom, while Nigeria and Ukraine show rapid growth.

Tether, a prominent stablecoin issuer, has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of breaching their contractual agreements in a joint Bitcoin mining venture. The legal action, confirmed by Tether and co-claimant 2040 Energy on January 15, 2025, marks an escalation in a contentious dispute between the two companies.

In the ever-changing crypto market, seizing investment opportunities and accelerating wealth growth is a steadfast goal for every investor.

Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.

Tether, the leading stablecoin issuer, has announced plans to relocate its operations to El Salvador after securing a Digital Asset Service Provider (DASP) license. This strategic move underscores Tether's commitment to advancing Bitcoin adoption and innovation in emerging markets.

Historically, Tether's USDT has dominated the cryptocurrency market as the primary source of crypto liquidity. However, data cited by on-chain tools have noticed an apparent shift in trader preferences as USDT loses some of its market grip to Circle's USDC and Binance's FDUSD.

A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.

Nayib Bukele, President of El Salvador, encouraged Rumble CEO Chris Pavolvski to relocate his company to the country. This comes one day after Tether announced its own move.

Tether is relocating to El Salvador as the US and Europe tighten cryptocurrency oversight.