July 18th, 2025
Tether (USDT) News - Page 13
JPMorgan Warns of Tether’s Dominance and Regulatory Risks to Crypto
By Godfrey Benjamin
February 2nd, 2024
JPMorgan’s report suggests that stablecoin issuers adhering closely to existing regulations stand to benefit from impending regulatory scrutiny.
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
By Steve Muchoki
February 1st, 2024
Tether reported an excess equity of $5.4 billion and cash equivalent cover of 90% of all issued tokens during the fourth quarter of 2023.
CoinShares Analysts Tip Bitcoin-Based ‘Rival’ to Shake Stablecoin Space
By Mayowa Adebajo
January 23rd, 2024
Analysts believe that any Bitcoin-based projects at this time will not only “rival the speed and cost” of alternatives but also retain the undeniable stability of the Bitcoin infrastructure.
Cantor CEO on Tether Controversy: They Have the Money They Say They Have
By Steve Muchoki
January 17th, 2024
Cantor Fitzgerald CEO Howard Lutnick said in a recent interview that stablecoins issuer Tether does have the money it claims to possess amid the mass adoption of digital assets in countries suffering from hyperinflation.
UN Flags Increased USDT Stablecoin Use in Money Laundering across Asia
By Chimamanda U. Martha
January 15th, 2024
Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT.
Fidelity Predicts Stablecoins and DeFi Resurgence Ahead of Fed Rate Cuts
By Godfrey Benjamin
January 15th, 2024
Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields.
Cybercriminals Snatched Nearly $100M in Crypto in December
By Chimamanda U. Martha
January 2nd, 2024
The Orbit Chain developers said they have involved law enforcement agencies to help track the hackers and possibly freeze the stolen funds.
German Asset Manager DWS to Issue Euro Stablecoin Along with Galaxy
By Bhushan Akolkar
December 13th, 2023
To uphold the token’s value, stablecoin issuers often reserve cash or liquid assets. Amid rising interest rates, DWS is poised to manage the reserves for the new stablecoin.
S&P Global Ratings Launches Stablecoin Assessment, Slams Tether’s USDT with Negative Review
By Mayowa Adebajo
December 13th, 2023
S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors.
El Salvador’s Bitcoin-Backed Volcano Bonds Get Regulatory Approval
By Temitope Olatunji
December 12th, 2023
By securing outside funding support through the pioneering Volcano Bonds, El Salvador can continue progressing with Bitcoin integration across governmental services and society.
Tether Freezes over 160 Ethereum Wallets Tied to OFAC Sanctions List
By Temitope Olatunji
December 11th, 2023
Reactions from the crypto community have been mixed, with some viewing Tether’s actions positively in terms of encouraging wider adoption and demonstrating improved oversight within the stablecoin market.
El Salvador Launches $1M Freedom Visa Program, Seeking BTC and USDT Investors
By Temitope Olatunji
December 8th, 2023
Critics argue that the substantial $1 million requirement makes citizenship unattainable for many investors. Comparable citizenship-by-investment programs in the Caribbean start at around $100,000.
Crypto Exchange Bybit Announces Listing of 5ire/USDT Pair
By Chimamanda U. Martha
December 6th, 2023
Bybit said the 5ire token was listed on the exchange through its Bybit Launchpad, designed to offer investors an “exclusive opportunity” for early access to new and pre-listed tokens.
Coinbase-backed bitsCrunch Announces Two-Week Registration for Community BCUT Token Sale on CoinList
By Steve Muchoki
December 1st, 2023
The BCUT token sale will begin on December 14, 2023, via CoinList with up to 65 million tokens up for grab at discounted prices.
Binance Futures Unveils Its Grand Trading Tournament with $2 Million USDT in Prize
By Bhushan Akolkar
November 27th, 2023
Alongside the traditional trading competition, Binance futures participants can engage in a Copy Trading Competition and a Trading Bots Competition.