Tether took over the White House, now it’s tearing it down to build a ballroom
Tether, along with corporate donors including Ripple and Coinbase, is helping to fund Donald Trump’s extravagant new White House ballroom.
Tether, along with corporate donors including Ripple and Coinbase, is helping to fund Donald Trump’s extravagant new White House ballroom.
Tether co-founder Reeve Collins launched his “next evolution of stablecoins” STBL last month, but its value has fallen 80% in four weeks.
According to Swan Bitcoin CEO Cory Klippsten, Howard Lutnick has been personally assisting Tether with a multi-billion dollar fundraise.
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.