Tether to Invest More Than $1B in Deals Over Next Year
A significant part of Tether's investment strategy involves AI. The company has already invested more than $1 billion into the sector.
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A significant part of Tether's investment strategy involves AI. The company has already invested more than $1 billion into the sector.
Tether investment plans expanded with over $1 billion in financial infrastructure, AI, and biotech in emerging markets within a year.
Tether's VC arm has already spent about $2 billion on tech like AI and alternative financial infrastructure over the past two years.
Stablecoin giant Tether has once again made global headlines with its strategic investment programs, revealing plans to venture into AI & Biotech sectors in the near future. According to a recent report dated June 11, the stablecoin giant aims to invest over $1 billion in the coming 12 months into the abovementioned sectors via its
With Europe's comprehensive MiCA regulations coming into effect at the end of this year, it is looking likely that these regulations will not allow Tether to operate in this jurisdiction. What could this mean for Europe and crypto?
OKX introduces a referral campaign for LATAM users, offering a share of 5,000 USDT for inviting friends.
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply.
Tether's latest moves align with Ardoino's remarks during a recent interview with CryptoPotato at the 2024 Token2049 Dubai Conference.
CryptoQuant report links Bitcoin's sluggish rally to a slowdown in USDT market cap growth, despite high demand from large investors. The post Bitcoin struggles to rally as Tether's USDT growth stagnates: CryptoQuant appeared first on Crypto Briefing.
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least a hundred exchanges and payment processors in both established and emerging markets in the coming months.
Stablecoin issuer Tether has partnered with Nodo to educate prospective African users about the use cases of stablecoins and facilitate transactions with the former's digital asset. The six-month campaign will include Ask Me Anything (AMA) sessions, workshops, and question-and-answer sessions with crypto experts on social media.
Tether invests $18.75M in XREX Group to drive financial inclusion in emerging markets.
The TON blockchain has partnered with Tether to make USDT more widely available through over 100 integrations globally.
Tether, the firm behind USDT, now owns 25% of Bitcoin miner Bitdeer's shares according to a new SEC filing on Thursday.
TON Foundation just announced that they are working together with Tether to integrate over 100 local partners. The initiative is aimed at penetrating many geographical regions to ensure USDt on TON is accessible to everyone.
TL;DR TON Foundation and Tether collaborate to boost global adoption of USDT on the TON blockchain, with over 100 local partners involved. The deployment of USDT on the TON blockchain through the Telegram Wallet in April has resulted in millions of transactions, marking a milestone in the expansion of the stablecoin.
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
Ardoino: "risky bank deposits threaten the security of stablecoin"
TON has registered an exceptional performance this year, outpacing many popular cryptocurrencies.
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate USDT-based cross-border payments in emerging markets.
Tether recently invested $18.75 million in XREX Group and introduced a new stablecoin, XAU1, aiming to enhance cross-border business-to-business (B2B) payments and regulatory technology in the digital asset industry.
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto airdrops.
Tether's CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved.
Tether's $18.75M bet on XREX unlocks USDT cross-border payments, inflation-hedged stablecoins, and regulatory tech.