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Stablecoin issuer Tether froze around 5.2 million USDT on addresses believed to be operated by phishing scammers.

The partnership is a promising development for both Tether and RAK DAO. By combining their expertise and resources, they aim to empower individuals and businesses in the region to utilize the power of blockchain technology.

The USDT stablecoin issuing company, Tether, has partnered with RAK Digital Assets Oasis.

The announcement by Binance to stop supporting XRP could have some negative sentiment on the coin as various speculations about the possible reasons are expected to start flying.

Amid controversies and scams, Tether is all set to expand its wings. Tether Partners with RAK DAO to Promote Bitcoin and Stablecoin Education in Ras Al Khaimah.

5 million USDT were freezed from 12 addresses which were under suspicion. MistTrack labelled the addresses as “USDT disabled addresses.

TL;DR Tether Freezes Funds: Tether has frozen 5.2 million USDT tokens linked to 12 Ethereum addresses suspected of money laundering by phishing groups, highlighting increased security measures in the crypto space.

Has Ripple CEO's stance on Tether impacted industry dynamics amidst USDT's ongoing monthly supply dominance?

Tether, the world's largest stablecoin issuer, has taken decisive action by freezing $5.2 million in USDT, distributed across 12 Ethereum (ETH) wallets, to address and mitigate phishing-related security threats.

Tether freezes $5.2 million in USDT linked to phishing scams, as the company continues to combat illicit activities and defend its stablecoin against criticism.

Tether partners with RAK DAO to develop educational initiatives on Bitcoin and stablecoins in the Ras Al Khaimah region.

A Tether spokesperson stated that the decision to block addresses using USDT to purchase oil from PDVSA is part of the company's commitment to preventing payments linked to the OFAC sanctioned entities.

The Tether community assumed the Ripple CEO made an attempt to pull USDT down to position its incoming stablecoin.

Tether CEO Paulo Ardoino has slammed Ripple chief Brad Garlinghouse for his comments about enforcement action against Tether, adding he was spreading fear, uncertainty, and doubt (FUD) about USDT.

Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies.

Bitcoin maximalist Samson Mow, who is the former CSO of Blocktream and now the chief executive at Jan3, has published a tweet to take a jab at Ripple after its boss Brad Garlinghouse had stated that he believes the SEC is going after Tether now.

Tether's CEO, Paolo Ardoino, found himself in a digital skirmish with Ripple's chief, Brad Garling house. The battleground?

Keith Gill, the investor known for sparking the meme stock rally during the pandemic, made a sensational return to social media after three years, igniting a surge in GameStop (GME) and AMC Entertainment (AMC) shares.

Ripple CEO Brad Garlinghouse suggests that the U.S. government is targeting stablecoin issuer Tether, potentially leading to uncertain outcomes in the crypto markets.

In a post on social media platform X, Ardoino indirectly addressed Garlinghouse's earlier statement expressing apprehension that increased regulatory scrutiny on Tether could disrupt the broader cryptocurrency market. While Ardoino refrained from mentioning Ripple or Garlinghouse by name, his comments were widely interpreted as a direct response to Ripple's CEO.

In a recent podcast interview, Ripple's CEO Brad Garlinghouse stated that Tether, the largest Stablecoin issuer by market share, is next on the US government's target list. Tether's CEO, Paolo Ardoino, refuted Garlinghouse's comments and accused him of spreading fear.

Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company.

The CEO of Ripple Labs says that the company behind the biggest stablecoin by market cap could be the next target of US government regulators. In an interview with the World Class YouTube channel last week, Ripple Labs head Brad Garlinghouse warned that crypto's next “black swan event” could involve the space's leading stablecoin, USDT.

A few days after Ripple CEO said Tether is being targeted by U.S., the company's leader posted a defense to X.