Tron founder Justin Sun took to X to reveal his bullish stance on Ethereum, while adding that he won't be selling a single ETH from his holdings.
The finance ministry in Moscow is now considering the creation of a Russian cryptocurrency similar to the U.S. dollar-pegged Tether (USDT), local media reported. The proposal to issue a domestic stablecoin comes after last month Tether blocked billions of rubles' worth of crypto assets in wallets on a sanctioned Russian exchange.
The Bank of America is attempting to enter the stablecoin market and is positioning itself against established industry leaders like Tether and Circle. Pegged to fiat currencies like the US dollar, stablecoins account for billions in daily transaction volumes and traditional banks are unwilling to be left out of the loop.
Russian officials are reconsidering the country's reliance on foreign-issued stablecoins after wallets linked to the sanctioned crypto exchange Garantex were frozen.
Stablecoin giant Tether has aggressively bought shares in Bitcoin miner Bitdeer, snapping up another $32 million worth as the market slumps.
TRON DAO Liberland sponsorship: Justin Sun's keynote highlights blockchain innovation and shared values at Liberland's 10th anniversary. The post Justin Sun delivers keynote at Liberland's 10th anniversary, TRON DAO named gold sponsor appeared first on Crypto Briefing.
Russia is all set to host the Global Blockchain Forum 2025 on April 23 & 24. With 15K+ attendees from over 100 countries, the forum will focus on topics like Web3, cryptocurrencies, investments, blockchain, trading, mining, and AI.
As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.
The Russian Ministry of Finance is exploring the possibility of developing its own stablecoin. This comes after recent U.S. sanctions and actions by Tether, which blocked wallets linked to the Garantex exchange.
New sanctions have reignited calls in Russia for financial self-reliance.
Russia plans to develop its own stablecoins after Tether froze $27 million on a Russian exchange amid ongoing sanctions.
Messari has published a report on the Tron network, which recorded record revenues of 760.2 million dollars during this Q1 2025. Among other numbers, the daily trading volume of USDT TRC-20 also increased, reaching 19 billion dollars. Messari, provider of crypto market intelligence products, has published its Q1 2025 report on the Tron network, highlighting its performance.
Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions.
A senior official from Russia's Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia.
Tron (TRX), the eighth-largest cryptocurrency by market cap, is gaining investor attention as it outperforms major assets like Bitcoin (BTC) and Ethereum (ETH) despite overall bearish sentiment. TRX is currently trading at $0.2548, marking a 2.9% gain in the past 24 hours, while BTC and ETH fell by 0.5% and 2.0%, respectively.
Stablecoin issuer Tether is the largest centralized finance lender (CeFi) in the digital asset space, according to new analysis. Zack Pokorny, a research analyst at the crypto investment giant Galaxy Digital, notes that Galaxy and the Bitcoin (BTC) lending firm Ledn were the second and third-largest lenders, respectively.
Russia's push for its own stablecoins highlights a strategic shift to reduce reliance on Western financial systems amid increasing sanctions. The post Russia's finance ministry official urges country to launch its own stablecoins after USDT wallet block appeared first on Crypto Briefing.
Tron (TRX), currently trading as the eighth-largest cryptocurrency, is in the spotlight despite the broader bearish market sentiment. Tron has decoupled from Bitcoin (BTC) and Ethereum (ETH), both of which saw declines in the past 24 hours.
The price of TRON (TRX) has rallied after rising above the moving average lines on April 9.
Tether has invested in Fizen Limited to grow stablecoin use and make crypto payments easier for users and businesses.
Tether Invests in Fizen Limited to address financial exclusion by enhancing stablecoin payment infrastructure. The investment will improve Fizen's blockchain capabilities across multiple ecosystems, allowing users to store, transfer, and transact with USDT through familiar payment methods like QR codes. The post Tether Invests in Fizen to Advance Stablecoin Adoption appeared first on Cryptonews.
Tron attracts $1.52B in stablecoins, while Ethereum experiences $1.02B outflows, signaling a major shift.
The partnership could significantly boost crypto usage and economic empowerment, fostering a more inclusive financial landscape in Argentina. The post Kripton selects TRON and Tether to drive crypto adoption and financial inclusion in Argentina appeared first on Crypto Briefing.
Tether, the company behind the world's largest stablecoin USDT, has strategically invested in Fizen Limited to support the broader adoption of stablecoins and self-custody solutions. The deal, announced on April 15, did not disclose the financial details but aligns with Tether's broader goal of promoting financial inclusion through blockchain technology.
Fizen will use the investment to drive stablecoin adoption via its platform.
Tether has announced a strategic investment in Fizen Limited, a fintech company focused on self-custody wallets and digital payments.
Tether partnered with Ocean to power their Bitcoin mining operations, optimising their hashrate and decentralizing Bitcoin's network. Currently, Bitcoin mining is centred around only a few powerful mining pools, which endangers the independence of the blockchain ecosystem.
Tether, the issuer of the USDT stablecoin, has invested in Fizen Limited. Finzen is a fintech company that focuses on self-custody crypto wallets and digital payments.
The crypto lending market is still a shadow of its former size preceding the brutal 2022-2023 crypto winter, but beneath the surface, signs of recovery are emerging, especially in the decentralized corner of the space, digital asset investment firm Galaxy Research said in a report on Monday.
TL;DR Tether shifts its Bitcoin mining power to the OCEAN pool, reinforcing its commitment to decentralization and reducing reliance on traditional mining intermediaries. The deployment leverages the DATUM Gateway protocol, ensuring robust performance in low-bandwidth areas and granting miners the freedom to craft their own block templates.
Tether, USDT issuer, announced that it will be directing its existing and future Hashrate to the Bitcoin mining pool, OCEAN.
Tether commits Bitcoin mining resources to Ocean pool to boost network decentralization and expand operations across Africa.
Tether, the largest company in the digital asset sector, announced on April 14, 2025, a significant initiative to support the decentralization of Bitcoin mining. The company plans to distribute both its existing hashrate and future hashrate on the OCEAN mining pool, an emerging entity that stands out for its commitment to decentralization and for being led by the long-time Bitcoin Core developer, Luke Dashjr. The decision marks a further step in Tether's philosophy, long committed to promoting transparency, resilience, and open access within and outside the cryptocurrency ecosystem.
Ocean is a decentralized bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr in 2023 and backed by former Twitter CEO Jack Dorsey.
Tether is partnering with OCEAN, a decentralized Bitcoin mining pool, to allocate its hashrate and help reduce centralization in Bitcoin mining.
Tether is deepening its commitment to Bitcoin by integrating OCEAN, a decentralized mining pool led by Bitcoin Core developer Luke Dashjr. The partnership allows Tether to leverage OCEANs open-source DATUM protocol, which empowers miners to create their own block templates, boosting decentralization and censorship resistance across the Bitcoin network.
Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to OCEAN's Bitcoin mining pool in an effort to strengthen the network's decentralization.“Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether's CEO Paolo Ardoino said in an April 15 statement.
USDT issuer Tether said that it will "deploy both existing and future hashrate" to prominent Bitcoin mining pool, Ocean.
Tether announced on April 14 that it will begin deploying current and future Bitcoin (BTC) mining hashrate on OCEAN Mining as part of its African strategy. The decision marks a shift in the company's operational mining infrastructure toward software that permits miners to construct block templates independently without reliance on centralized intermediaries.
Tether, the issuer of the USDT stablecoin, has announced a strategic deployment of its existing and future Bitcoin hashrate to OCEAN, a decentralized mining protocol created by veteran Bitcoin Core developer Luke Dashjr. The post Tether Deploys Bitcoin Hashrate on the OCEAN Mining Protocol appeared first on Cryptonews.
Paolo Ardoino, Tether CEO, took to X to highlight the new move that the stablecoin issuer is taking with Bitcoin (BTC). The protocol plans to deploy both existing and future hashrates on the OCEAN protocol.
Tether is deploying its existing and future hashrate on OCEAN, a decentralized Bitcoin mining protocol. It will focus on delivering high-performance operations to undeveloped areas, particularly in Africa.
Tether plans to deploy hashrate on OCEAN, a move that will see the crypto ecosystem giant contribute to the decentralization of Bitcoin mining.
Tether, Galaxy and Ledn have become leaders in a crypto lending market that has rebounded since its collapse two years ago. As of the end of the fourth quarter of 2024, the three firms accounted for 88.
The company announced it will deploy both its current and future hashrate to OCEAN. OCEAN is a Bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr.
Dashjr is staunchly against Bitcoin applications like inscriptions and attempts to filter those transactions via the OCEAN mining pool.
TL;DR Tether dominates the CeFi lending market with a 70% share, up from 20% before the sector's collapse in 2022. Together with Galaxy Digital and Ledn, it controls $10 billion in loans, accounting for 89% of the centralized market.
April 14, 2025, marks a key date for the crypto world: at 10:00 AM UTC, Paolo Ardoino, Chief Technology Officer of Tether, released an announcement that immediately captured the attention of industry operators. Through a tweet, Ardoino announced an important transformation in the company's strategy: the diversification of Tether's reserves. This move, although concise in tone, produced immediate effects on the market, both in terms of price and trading volume.