Tether is ready to move to El Salvador
Tether has announced that it's ready to move to El Salvador after receiving its Digital Asset Service Provider (DASP) license.
Results for Crypto, Stablecoins, Tether
45 stories, newest first
Tether became a political powerhouse in 2024
Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.
— Banking, Heartland Tri-State
Tether blacklist saved shareholders defrauded by bank CEO
In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank's CEO stole millions of dollars.
Tether’s Q3 attestations prove that it can’t quit secured loans
Despite Tether's previous promises that it would stop extending secured loans, the program has quietly continued.
Maker will be able to remotely freeze its new USDS stablecoin
Maker DAO is incentivizing DAI holders to convert their stablecoins into the new, reward-yielding USDS, which has a remote freeze capability.
Christian Angermayer helped Wirecard, now he helps Tether
Christian Angermayer, a German billionaire who previously connected SoftBank to Wirecard, is now connecting Tether to investments.
— aUSDT, Stablecoins
Tether’s gold-backed aUSDT barely minted since its launch a month ago
Despite Tether's gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.
— Bitcoin mining, Northern Data
Tether-owned Northern Data accused of fraud by former execs
Tether-owned Northern Data has been accused of securities fraud and tax evasion in a lawsuit filed by former executives.
— Gold, Stablecoins
Tether’s new asset currently backed by 0kg of gold
Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.
US-based stablecoins suffered in 2023 as key players battle it out
At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.