Tether minted 1 billion USDT on Ethereum, as reported by Whale Alert on November 21.
Tether has launched Hadron, a platform aimed at simplifying asset tokenization, covering stocks, bonds, stablecoins, and more. This initiative seeks to make tokenization more accessible, unlocking alternative opportunities for users. For months, CEO Paolo Ardoino hinted at this development before its official announcement.
Tether has minted 7 billion USDT in the past week, injecting significant liquidity into the market. This increase may indicate rising demand for stablecoins, influencing trading dynamics. Tether reported record earnings and is exploring new business opportunities, while addressing regulatory scrutiny.
Tether has entered the crude oil market with a $45 million transaction using USDT in the Middle East, marking a new phase for the company into commodities trading. This move is part of Tether's broader strategy to introduce efficient financial solutions and support industry sectors, alongside its recent cooperation in recovering stolen digital assets.
Tether clarified a $2 billion USDT minting, stating the notification was delayed. Tether's CEO, Paolo Ardoino, addressed the issue following data from Whale Alert regarding the Ethereum transaction. The explanation was shared in a post on X.
Tether CEO Paolo Ardoino denies plans for launching an official blockchain.
Tether's Q3 report shows $2.5 billion net profit, $134.4 billion in assets, and expanded USDT supply to $120 billion. CEO Ardoino emphasizes transparency and financial inclusion efforts.
Tether reports a record $2.5 billion profit in Q3 2024, with demand for USDT surging. Total assets reached $134.4 billion, and reserves in US Treasury bills grew. Despite success, Tether faces potential investigations and new EU regulations threatening its dominance. CEO denies any criminal probe claims.
Bitcoin, in 16 years, has evolved into the world's 10th largest asset, acclaimed for financial freedom by Tether CEO Paolo Ardoino.
Bitcoin has evolved over 16 years into a significant global asset, ranking as the 10th largest in the world. Tether's CEO Paolo Ardoino considers it the premier currency for financial freedom.
Tether authorized the minting of 1 billion USDT tokens on the Tron network, signifying increased demand and potential price surge. Paolo Ardoino confirmed these tokens as "authorized but not issued," ready for storage and future requests. This activity highlights Tether's influence in the stablecoin market, leading with a 67% share.
Tether CEO Paolo Ardoino expressed confidence in holding T-bills at a U.S. institution, stating U.S. could shut them down if desired.
Paolo Ardoino from Tether discusses future ambitions and expansion of the Plan B Forum focused on Bitcoin in an interview with The Cryptonomist.
Tether CEO Paolo Ardoino discusses the potential positive impacts of US elections and supports the idea of a Bitcoin strategic reserve in an interview with 99Bitcoins.
Tether has launched a "Local AI SDK," emphasizing privacy and P2P technology. The SDK works on devices from $40 phones to advanced processors and supports AI models like Marian and Llama. It enables local data processing without third-party sharing. The SDK will be open-source post-testing.
Tether holds about $100 billion in US Treasury bonds and over 82,000 Bitcoin as revealed by CEO Paolo Ardoino, despite being under investigation.
Tether discloses holding over 82,000 BTC and gold reserves to boost USDT stability. The company is also developing an AI software kit to enhance applications with peer-to-peer technology.
Tether introduced an AI SDK aimed at enhancing user privacy at the Plan ₿ event in Lugano, Switzerland.
Tether CEO Paolo Ardoino reveals the company's reserves of 82,454 BTC and 48.3 tons of gold at the Plan ₿ Forum in Lugano, Switzerland, highlighting Tether's financial strength amid a market cap exceeding $120 billion.
Tether's CEO, Paolo Ardoino, unveiled an AI development kit focusing on privacy and peer-to-peer technology. The kit allows developers to write code compatible across devices, from mobile phones to smart appliances. The announcement was made at the Lugano Plan ₿ event.
Tether CEO Paolo Ardoino confirmed the company's profitability and denied any federal investigations. He emphasized that Tether has no plans for an IPO due to its strong financial position.
Bitcoin dipped nearly 5% following rumors of a U.S. government investigation into Tether, but recovered after Tether's CEO denied the claims.
The U.S. DOJ is investigating Tether for potential AML violations, but CEO Paolo Ardoino denies the claims, stating Tether is not under investigation.
Tether CEO Paolo Ardoino refutes WSJ's claims of a federal investigation into money laundering. The WSJ report suggests US authorities are probing Tether's role in illegal activities. The news briefly affected Bitcoin's price, which stabilized after Ardoino's denial. Tether faces criticism over transparency and audit lapses.
The US DOJ is investigating Tether for potential anti-money laundering violations shortly after its CEO called for consistent crypto regulations.
Tether criticizes WSJ for alleging US investigation related to sanction and AML violations, calling it irresponsible reporting without verified sources. The company denies knowledge of any ongoing investigations and highlights collaboration with law enforcement to fight cryptocurrency misuse.
The US Department of Justice has allegedly initiated an investigation into Tether for potential anti-money laundering violations. The news follows Tether CEO Paolo Ardoino's recent call for stable crypto regulations in the US.
Tether CEO Paolo Ardoino has announced that the company has no plans for an IPO currently, echoing sentiments similar to those of Ripple CEO Brad Garlinghouse.
Tether CEO Paolo Ardoino believes US cryptocurrency regulations will bring innovation in stablecoins, benefiting end-users.
Tether CEO Paolo Ardoino highlighted the importance of sensible cryptocurrency regulations in the United States, emphasizing Tether's cooperation with global governments.
Tether's CEO, Paolo Ardoino, advocates for clear and stable crypto regulations in the US, emphasizing the need to balance innovation with consumer protection. He highlighted Tether's commitment to compliance and global regulatory engagement during a presentation at DC Fintech Week.
Tether's CEO Paolo Ardoino discussed cryptocurrency regulations and Tether's strategies at a fintech conference, highlighting its role and compliance amid market changes.
