Tether
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance
Crypto giant Tether seeks US$500 billion valuation in major raise
The El Salvador-based company has made a fortune by parking the reserves that back its token in cash-like assets, including US Treasuries, and earning interest
Tether focuses elsewhere while US seeks to regulate stablecoins
The company has had several clashes with state and federal authorities over the years
Tether engages ‘Big Four’ firm for long-awaited reserve audit
An audit would help Tether improve the transparency of its reserves, which are currently subject to quarterly reports but not a full audit
Tether says it bought a stake in Juventus Football Club
Worth some 960 million euros, Juventus is one of Europe’s largest football teams
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now they want in.
Tether sees US$10 billion in net profits for 2024
The world’s biggest stablecoin issuer, Tether, is on track to close the year with more than US$10 billion in net profits, chief executive Paolo Ardoino said in an interview.
Howard Lutnick’s Cantor in talks with Tether about US$2 billion Bitcoin lending project
HOWARD Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital asset business: Tether Holdings.
Tether to launch stablecoin pegged to UAE’s dirham
CRYPTOCURRENCY company Tether said on Wednesday (Aug 21) it plans to provide a new stablecoin pegged to the United Arab Emirates (UAE) dirham as it taps demand for the Gulf currency and seeks to offer...
Tether announces a new synthetic dollar that is backed by gold
TETHER Holdings, the issuer of the largest stablecoin in the cryptocurrency market, has created a new synthetic dollar that is backed by gold, the company announced on Monday (Jun 17).
