Bitcoin24h $111,413.49-0.67%

Ethereum24h $4,023.20-1.69%

BNB24h $1,188.51+0.65%

XRP24h $2.42-2.69%

Solana24h $194.38-4.03%

TRON24h $0.3216+1.42%

Dogecoin24h $0.1982-2.21%

Cardano24h $0.6721-3.53%

Hyperliquid24h $37.88-3.60%

Chainlink24h $18.15-3.95%

Is Howard Lutnick fundraising for Tether?

According to Swan Bitcoin CEO Cory Klippsten, Howard Lutnick has been personally assisting Tether with a multi-billion dollar fundraise.

If Tether has $105B in its reserves, why is it raising cash?

According to Bloomberg, Tether is in negotiations with investors to raise funds in exchange for a 3% stake in Tether Holdings SA.

Tether has announced a new US-based stablecoin called USAT that will be led by Bo Hines, President Trump’s former advisor on digital assets.

LlamaRisk claims the bug bounties of multi-billion dollar stablecoin firms Circle and Tether are “inadequate,” and fail to exceed $10K.

Tether will terminate redemptions and freeze most USDT tokens using the Bitcoin ledger on September 1 as it terminates Omni support.