Tether Investments: What a $100B stablecoin empire does with its profits
Tether isn't just the world's largest stablecoin; it's a massive investment firm with investments across countless verticals.
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Tether isn't just the world's largest stablecoin; it's a massive investment firm with investments across countless verticals.
S&P Global Ratings has lowered Tether's rating to its lowest possible level in its most recent Stablecoin Stability Assessment.
Tether's USDT and Circle's USDC have both grown under Trump, but USDC has seen a larger relative increase in its market capitalization.
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.
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.