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Bolivian bank Banco Bisa has introduced a custody service for Tether's USDT stablecoin. The post Bolivian Bank Banco Bisa Launches USDT Custody, Enabling Crypto Transactions appeared first on Cryptonews.
Tether, king of the stablecoin, boasts in Lugano: gold, bitcoins, and bonds in pocket.
The adoption of crypto assets in Bolivia has significantly increased since the country recently lifted the ban on virtual assets.
Bolivia's financial sector took a big step in crypto adoption as Banco Bisa unveiled a new custody service for virtual assets. The bank will allow clients to buy, sell, and transfer USDT safely.
Banco Bisa has unveiled a custody service for the USDT stablecoin, marking a significant step towards the mainstream adoption of cryptocurrencies in Bolivia. This new offering allows clients to securely buy, sell, and transfer USDT, enabling them to hold their assets, make international payments, and send money to family members abroad.
Europe's MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability.
Tether boosts reserves with 82,000 BTC to enhance USDT stability, potentially impacting Bitcoin's price.
Tether and Coinbase are diving deep into artificial intelligence (AI), each unveiling new tech designed to bring enhanced privacy and onchain autonomy to the blockchain world. Blockchain and AI Tools In separate announcements this week, Tether and Coinbase revealed AI-driven products poised to reshape how developers and users engage with blockchain technology.
Tether's USDT is the world's largest stablecoin, with a market cap nearing $100 billion. However, like many top blockchain projects, Tether has been the subject of many questions and inquiries.
At the Plan ₿ Forum, Tether CEO Paolo Ardoino revealed the company's extensive reserves, including $5.58 billion in Bitcoin, $3.87 billion in gold.
Tether has developed a privacy-focused AI development kit that uses P2P technology to run across various devices without sharing data with third parties
Tether Chief Executive Paolo Ardoino revealed record reserve holdings, including $100 billion of U.S. Treasury securities, more than 82,000 Bitcoins worth about $5.5 billion.
Bolivian bank Banco Bisa has introduced a stablecoin custody service, allowing clients to buy, sell and transfer USDT.
Tether holds 82,000 Bitcoin and 48 tonnes of gold in its reserves. Additionally, it also has $100 billion in US Treasuries. The post Tether CEO Clarifies Asset Reserves Amid FUD appeared first on Cryptonews.
Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging it for remittances and international payments.
Tether Reserve Breakdown includes $9.45B in BTC, gold, and U.S. Treasuries.
Tether CEO Paolo Ardoino recently disclosed that the company holds a significant amount of Bitcoin and gold as reserve assets for its USDT stablecoin.
Tether CEO Paolo Ardoino has disclosed that the company holds more than 82,000 Bitcoin and 48 tonnes of gold in its reserves. Ardoino disclosed this on X while clarifying comments about Tether USDT reserves.
The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating Tether.
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold.
Tether CEO Paolo Ardoino confirms the company's multibillion-dollar Bitcoin and gold reserves, reassuring the crypto community.
Ripple's Garlinghouse warns of potential Tether disruption, calling it a “Black Swan event,” as WSJ scrutiny intensifies.
In today's edition of the weekly recap: Ripple files a cross-appeal in the SEC lawsuit; spot Bitcoin ETFs reach a new milestone; reports of Tether's probe; crypto sees renewed adoption. Ripple v.
Paolo Ardoino, the CEO of stablecoin issuer Tether, is squashing rumors that his firm is being probed by federal agencies. In a post on the social media platform X, Ardoino addresses a Wall Street Journal (WSJ) report, which claims that authorities are investigating Tether for potential violations of anti-money laundering and sanctions laws.
