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The company announced it will deploy both its current and future hashrate to OCEAN. OCEAN is a Bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr.
Dashjr is staunchly against Bitcoin applications like inscriptions and attempts to filter those transactions via the OCEAN mining pool.
TL;DR Tether dominates the CeFi lending market with a 70% share, up from 20% before the sector's collapse in 2022. Together with Galaxy Digital and Ledn, it controls $10 billion in loans, accounting for 89% of the centralized market.
April 14, 2025, marks a key date for the crypto world: at 10:00 AM UTC, Paolo Ardoino, Chief Technology Officer of Tether, released an announcement that immediately captured the attention of industry operators. Through a tweet, Ardoino announced an important transformation in the company's strategy: the diversification of Tether's reserves. This move, although concise in tone, produced immediate effects on the market, both in terms of price and trading volume.
Tether CEO Paolo Ardoino has revealed that the company saw a significant uptick in users during the first quarter of 2025 amid the broader crypto market volatility. In an April 14 post on X, Ardoino announced that the number of USDT users rose by 13% during the period.
A new report from Galaxy Digital shows the crypto lending market is still far from its 2021 peak, but decentralized platforms are quickly pulling ahead.
A Chinese court sentenced nine individuals for running a telecom fraud ring that defrauded over 66,000 Indian victims and reportedly laundered proceeds through Tether's USDT.
Tether CEO Paolo Ardoino celebrates the stablecoin's user base recent quarterly growth with a viral Simpsons meme as more global users flock to USDT amidst economic volatility.
Leading stablecoins issuer Tether minted 1 billion USDT on Tron (TRX) network on Saturday, April 12, during the early Western financial markets. According to Paolo Ardoino, CEO Tether, the 1 billion mint is an authorized but not an issued transaction. PSA: 1B USDt inventory replenish on Tron Network.
Tether's gold-backed XAUT token rises 3.4% as physical gold reaches record highs above $3,200 amid economic uncertainty and trade tensions.
Equities markets are giving mixed results on trade war deescalations.
Explore the differences between Kava USDT and USDT0 on Sei Mainnet, including interoperability, token backing, and best practices for integration.
AG Letitia James recommended stablecoins should be both backed 1:1 by U.S. dollars or treasuries and issued by American companies.
TRX Rallies 10% as Tether Mints $1B on Tron Amid Global Trade Tensions
Over the past decade, issuance of Tether's USDt (USDT) has consistently mirrored Bitcoin (BTC) price cycles, with mints often clustering around bull runs and burns following corrections.Data from Whale Alert shows the relation between USDT issuance and Bitcoin price movements by plotting Tether's net minting and burning alongside the price of Bitcoin from 2015 to early 2025. While many in the industry have long speculated about the correlation between USDT supply and BTC performance, this data set provides a clearer timeline for evaluating that relationship.
It might sound strange at first, but stablecoins are soaring these days.
The world's largest stablecoin issuer is plotting its U.S. expansion and building a decentralized rival to OpenAI's model.
Tether plans to launch a US-based institutional stablecoin as regulatory framework advances under Trump's administration, potentially entering the American market.
The cryptocurrency market is once again riding a wave of volatility after a massive $400 million USDT transfer from Tether Treasury to Binance, the worlds largest crypto exchange. According to blockchain tracker Whale Alert, the sizeable inflow has stirred speculation across crypto-focused social media platforms, with many wondering if whales are gearing up to buy the dip.
Roller coaster action continues to happen in the cryptocurrency market as a new twist revealed a colossal amount of USDT, a major stablecoin, hit the world's largest exchange, Binance.
Tether, the leader of USDT, is preparing a new American stablecoin aimed at financial institutions. This strategic project emerges as Washington moves towards a regulatory framework for these dollar-backed digital currencies.
As the cryptocurrency landscape in the United States undergoes significant changes under Trump's second administration, Tether, the company behind the largest stablecoin, USDT, is considering launching a US-exclusive stablecoin.
Tether (USDT) is a type of cryptocurrency known as a stablecoin. It was launched in 2014 by a company called Tether Limited.
"The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," said Paolo Ardoino.
