Bitcoin24h $79,989.39+2.01%

Ethereum24h $2,498.42+1.17%

BNB24h $709.75+1.44%

XRP24h $1.45+5.57%

Solana24h $108.98+12.51%

TRON24h $0.3377+0.57%

Hyperliquid24h $84.70+4.41%

Dogecoin24h $0.0884+4.14%

Zcash24h $817.61+4.45%

Chainlink24h $11.86+5.25%

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.