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Toncoin reaches a new high, surpassing $8, driven by increased user activity. Tether defends stability amid regulatory scrutiny, emphasizes compliance

In a statement on X (formerly Twitter), Paolo Ardoino, CEO of Tether, articulated the pivotal role of the USDT stablecoin in boosting the global demand for U.S. dollars. Ardoino emphasized that by providing a digital version of the dollar, Tether serves over 300 million people worldwide, particularly in economically unstable regions.

The Joe Biden administration has let the SEC go unchecked, Tether (CRYPTO: USDT) co-founder William Quigley on Friday said, has he expressed strong concerns about the current regulatory approach to cryptocurrency industry. In an interview with Benzinga, Quigley highlighted the SEC's aggressive stance towards crypto companies, particularly under the leadership of Chairman Gary Gensler.

Paolo Ardoino also stated that he is a fan of small blocks because they give anyone the opportunity to manage a node.

Tether CEO Paolo Ardoino asserts that Bitcoin's unique decentralization, governed solely by immutable mathematics, sets it apart from other cryptocurrencies.

Binance introduces a Futures Mock Copy Trading competition with a 30,000 USDT reward pool.

Tether CEO teases new digital asset lineup, igniting a frenzy of speculation before the highly anticipated June 17 product reveal.

The CEO of the company behind the world's largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.

Tether, the issuer of the USDT stablecoin, is planning to invest a staggering $1 billion in technologies such as biotech, financial infrastructure, and artificial intelligence (AI).

Tether CEO Paolo Ardoino revealed that the company would launch a new class of digital asset products on June 17. He wrote on social media platform X: “After a year of hard work, Tether will unveil its new class of digital assets products on Monday 17th June.

Bitdeer Technologies Group (NASDAQ:BTDR), a leader in Bitcoin mining and AI cloud solutions, received a $100 million investment from Tether International Limited. This substantial capital injection positions Bitdeer for substantial growth in the Bitcoin mining sector.

Tether, the company behind the popular stablecoin USDT, has announced an ambitious plan to invest up to 1 billion dollars over the next 12 months: the investments will be primarily focused on emerging markets, artificial intelligence (AI), and biotechnology, sectors considered strategic for the future of technology and the global economy.

Tether is again supporting the crypto market after injecting a total of 1B of tokens in the past month. The new USDT was also added to other stablecoins that support niche DeFi protocols.

Although cryptos have looked encouraging prior to Jun. 7, the disclosure of the robust jobs report has investors unsettled.

Once again, the stablecoin giant Tether has caught everyone's attention. This time, it is for the incredible news about its plans to enter AI and biotech.

Tether, the dominant player in the stablecoin market, plans to invest heavily in startups and projects over the next year.

Stablecoin issuer Tether and its investment arm, Tether Investments, have revealed their intention to allocate more than $1 billion to various investment opportunities over the next 12 months.

The United States has started a forfeiture complaint to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig-butchering scam.

The firm's CEO emphasized plans to expand Tether's reach beyond the crypto market with investments in emerging markets.

Tether Holdings plans to invest over $1 billion in tech and biotech startups, expanding its influence in alternative financial infrastructure. The post Tether to invest $1 billion in startups until 2025, says Paolo Ardoino appeared first on Crypto Briefing.

Tether Holdings, the investment arm of stablecoin issuer USDT (CRYPTO: USDT), to invest more than $1 billion into deals over the upcoming 12 months. What Happened: Tether CEO Paolo Ardoino announced that the investment arm of Tether is focusing on alternative financial infrastructure, artificial intelligence and biotechnology.

TL;DR Tether plans to invest more than $1 billion in financial infrastructure, AI and biotechnology in the next year. The company has invested around $2 billion in these sectors in the last two years. It maintains an investment strategy that seeks the disintermediation of traditional finance and less dependence on large technology companies.

Tether Holdings, the issuer of the world's largest stablecoin, USDT, with a market cap of $112,494,993,104, plans to invest over $ 1 billion in various deals over the next few years. This bold move underscores Tether's growing financial power and ambition to expand its influence beyond stablecoins.

Stablecoin developer Tether's investment arm expects to make deals worth $1 billion in the next year, CEO Paolo Ardoino has said, according to a Bloomberg report on Tuesday.