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.
Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.
Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.
In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank’s CEO stole millions of dollars.
The Bitcoin Policy Institute published a report endorsing a strategic reserve of bitcoin akin to US strategic reserves of gold or petroleum.
Despite Tether’s previous promises that it would stop extending secured loans, the program has quietly continued.