Bitcoin24h $60,711.67+0.26%

Ethereum24h $1,560.64-0.05%

BNB24h $573.80+0.77%

XRP24h $1.09-0.06%

Solana24h $61.94-1.68%

TRON24h $0.3236+1.13%

Hyperliquid24h $56.30-4.54%

Dogecoin24h $0.0814+0.93%

UNUS SED LEO24h $9.45-1.20%

Stellar24h $0.2142+7.28%

Tether co-founder’s new coin STBL is already down 80%

Tether co-founder Reeve Collins launched his “next evolution of stablecoins” STBL last month, but its value has fallen 80% in four weeks.

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.

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.