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"We are passionate about backing technologies that will prevent censorship and things being shut down," James McDowall told Cointelegraph.

TL;DR The relationship between Tether (USDT) and the Trump administration has raised concerns about its impact on global financial stability, according to Bloomberg. Despite controversies and links to illicit activities, USDT remains the most widely used stablecoin, with a transaction volume exceeding $4.6 trillion in November 2024.

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.

Argentine authorities have frozen $3.5 million in USDT linked to the Rainbowex Ponzi scheme, which defrauded thousands of investors, following extensive investigations that led to multiple arrests and international warrants. The post Argentina Freezes $3.5M USDT Linked to Rainbowex Ponzi Scheme: Report appeared first on Cryptonews.

Tether, a global fintech company and issuer of the largest stablecoin, USDT, will be searching for new use cases for crypto in the real-world segment. Also, together with partners, Tether will be moving toward new accomplishments in other types of "core freedoom tech," following a strategic investment in Rumble.

A court in Argentina has ordered the seizure of a crypto wallet containing $3.5 million in Tether's USDT stablecoin. The Argentine Justice Department has taken control of a $3.

The Argentine justice system has ordered Tether, the issuer of the USDT stablecoin, to freeze over $3.5 million linked to Rainbowex, an alleged mega pyramid operation that is currently under investigation. The request comes after the execution of 22 search warrants and the detention of 10 individuals connected with these operations.

Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year.

Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative Rumble.

Tether, the issuer of the world's largest stablecoin USDT, is on track to close 2024 with a net profit of $10 billion, Bloomberg quotes the company CEO Paolo Ardoino. Tether's investments have shown that it is ready to invest hundreds of millions of dollars in projects other than cryptocurrency.

Tether has made a significant move by investing $775 million in Rumble, a rising video-sharing platform and cloud service provider.

Tether invests $775 million in video-sharing platform Rumble to support free speech and financial innovation while collaborating on crypto payment and cloud solutions.

TL;DR Tether is set to launch a new AI platform in Q1 2025, marking a significant step in its diversification strategy and aiming to integrate AI technology with its financial services. Under CEO Paolo Ardoino's leadership, Tether has been expanding beyond stablecoins, investing in sectors like energy, payments, telecommunications, and AI.

Key Points:

The expansion of Tether beyond stablecoins: investments in energy, payments, and advanced technology.

Stablecoin company and USDT issuer Tether is reportedly planning to venture into the artificial intelligence (AI) space. Tether CEO Paolo Ardoino is unveiling Tether's vision to launch a platform that will enable people to interact with artificial intelligence using their mobile phones, reports Bloomberg.

Video-sharing platform Rumble (Nasdaq: RUM) says it has signed a strategic partnership with Tether (USDT), as part of which it will receive $775 million from the stablecoin issuer. The investment involves Tether purchasing 103.33 million shares of Rumble's Class A common stock at $7.50 per share.

Tether Holdings expects to make over $10 billion in profits for 2024, by the growing demand for its stablecoin, USDT.

The European Union is about to take a major step in regulating cryptocurrencies with the imminent entry into force of the MiCA (Markets in Crypto-Assets) rules. This initiative, praised by some as a step towards better transparency and an increased fight against financial abuses, however, triggers intense concerns among industry players.

Tether is investing $775 million in Rumble, a free speech video platform. This big move could help Rumble grow.

Tether has invested $775 million in Rumble, YouTube's closest competitor. The agreement will see Tether benefiting from adverts and other packages.

Tether, the issuer of the largest stablecoin USDT, announced its investment in Rumble, a flagship video sharing platform and cloud service provider. Out of a whopping $775 million invested, $250 million will immediately fuel Rumble's growth initiatives.

Tether, the global leader in the stablecoin market, has strategically committed $775 million to Rumble, a rising video-sharing platform that positions itself as a decentralized alternative to YouTube.

Tether has made a $775 million investment in Rumble, a video-sharing platform known for championing free speech and offering an alternative to YouTube. The post Tether Invests $775M in Rumble, Backing YouTube Alternative Boasting Free Speech appeared first on Cryptonews.