Bitcoin24h $63,970.61+1.96%

Ethereum24h $1,843.01+0.88%

BNB24h $567.48+0.34%

XRP24h $1.09+0.48%

Solana24h $74.91+0.45%

TRON24h $0.3221-0.03%

Hyperliquid24h $59.34+1.16%

Dogecoin24h $0.0723+0.85%

Zcash24h $540.35+1.46%

UNUS SED LEO24h $9.78-0.22%

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.