Tag: USDT
Tether reports a net profit of $2.5 billion for the third quarter, for a total of $7.7 billion so far this year
According to its most recent attestation report, leading stablecoin supplier Tether reported on Thursday that it made $2.5 billion in profit in the third quarter. According to the cryptocurrency company,…
Tether stops minting USDT on both blockchains and stops supporting EOS and Algorand
Tether will stop minting on both blockchains today, hence ending support for the EOS +2.54% and Algorand implementations. USDT redemptions on EOS and Algorand will continue for the upcoming year….
Tether and TON Collaborate with Oobit to Enable Mobile App-Based USDT-to-Fiat Transactions
Tether and TON Foundation Collaborate with Oobit to Transform Cryptocurrency Payments for Retailers The agreement, which was announced on Thursday, is expected to improve the user experience for transactions using…
Tether Reacts: Phishing Links Cause $5.2M in USDT to Be Frozen
USDT Is Frozen, Signaling Tether’s Attempts to Stop Illegal Activity Recent events have brought attention to Tether’s proactive efforts to stop illegal activity in the cryptocurrency space, demonstrating the company’s…
With A New Investment In CityPay.io, Tether Enters Eastern Europe
With a fresh investment in CityPay.io in Georgia, Tether extends its reach into Eastern Europe. The money will go toward new card and e-wallet options. With a new investment in…
Tether and Chainalysis Collaborate to Increase Compliance and Track Banned Addresses
The platform, according to the company, can be used as an intelligence tool by compliance specialists and investigators to find wallets that present a risk or could be connected to…
In the first quarter of 2024, Tether had a record net profit of more over $4.5 billion
Tether Holdings Limited disclosed its assurance opinion for the first quarter of 2024 on Tuesday. The report included information on $1 billion in profit from the group’s subsidiaries that are…
Transaction volume for Tether, USDC, and DAI exceeds Visa’s monthly average for 2023: Nansen
According to Nansen, the volume of transactions for Tether, USDC, and DAI during the last 30 days has exceeded Visa’s monthly average for 2023. According to onchain expert Nansen, the…
$200 million is invested by Tether in Blackrock Neurotech, a biotech company
The stablecoin issuer Tether USDT -0.0044% has made a $200 million investment in Blackrock Neurotech, a biotech business that develops technologies to assist those suffering from neurological illnesses, paralysis, and…
Tether reveals its intention to split up into four separate business units
The company behind the stablecoin USDT -0.0088%, Tether, revealed that it is restructuring in order to enter new markets for digital assets. To reflect its expanding focus, the creator of…
Tether Attains Security Milestone with SOC 2 Type 1 Audit Completion
Tether, the issuer behind the renowned USDT stablecoin, made a significant announcement on April 1, revealing the successful completion of the System and Organization Controls (SOC) 2 Type 1 Audit….
Tether USDT Expands Reach with Launch on Celo Blockchain
Tether Operations Limited (Tether), a leading entity in the cryptocurrency sector, has announced the forthcoming launch of its USDT token on the Celo blockchain network. This strategic partnership between Tether…
Tether and Uzbekistan sign MoU to Develop Blockchain Infrastructure
The largest cryptocurrency business, Tether, said today that it has signed a Memorandum of Understanding (MOU) with the National Agency of Perspective Projects (NAPP), which is in charge of developing…
Tether Unveils Proactive Measures for Blockchain Security and User Trust
Tether displays the commitment to safeguarding user accessibility and funds by implementing a comprehensive blockchain recovery plan. Tether has recognized the importance of addressing potential disruptions on any blockchain where…
Tether CEO Reveals Collaborative Efforts with FBI and Secret Service in Letters to Legislators
In a bid for transparency and commitment to security, Tether, the entity behind the USDT stablecoin, has disclosed letters sent to key legislative bodies detailing its collaboration with U.S. law…