June 16th, 2025
Tether (USDT) News - Page 14
Circle Announces Closure of Individual Consumer Accounts on November 30
By Steve Muchoki
November 1st, 2023
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts.
Tether Publishes Q3 2023 Attestation Report with Highest Ever Cash and Cash Equivalent Reserves
By Tolu Ajiboye
November 1st, 2023
The recently published Tether report for Q3 2023 show that the company’s cash reserves are healthy and secured loans have been reduced.
US Senator Calls for DOJ Action against Binance and Tether for Alleged Hamas Crypto Funding
By Chimamanda U. Martha
October 27th, 2023
In response to the allegations, Tether emphasized its commitment to preventing the misuse of cryptocurrencies for illicit activities.
Binance Secures New Euro Banking Partners to Resume Fiat Transactions
By Chimamanda U. Martha
October 20th, 2023
Binance is currently in the process of finding partners for dealing with fiat transactions in the UK, as British users are still unable to deposit GBP.
EOS EVM v0.6.0 Goes Live Bringing USDT and More to Mainnet
By Andy Watson
October 17th, 2023
The EOS Network Foundation has described v0.6.0 as a “game-changer” on account of it offering “a rejuvenated DeFi experience, robust technical upgrades, and trustless USDT bridging”.
Hong Kong Officials Warn Investors to Stay Away from Retail Stablecoins since They Are Unregulated
By Steve Muchoki
October 6th, 2023
The Hong Kong Monetary Authority (HKMA) recently completed a public consultation on stablecoins regulations.
TON Secures Massive Funding from MEXC to Boost Web3 on Telegram
By Bhushan Akolkar
October 5th, 2023
The TON Foundation has formed a strategic partnership with MEXC, aiming to advance global Web3 accessibility and reduce entry barriers.
Tether Pivots to AI via Strategic Investment into Northern Data Group
By Steve Muchoki
September 22nd, 2023
Following the strategic investment, Northern Data Group is set to become the biggest independent artificial intelligence firm in the European market.
Binance Extends Zero Fee Trading Promo to Argentine, Brazilian, and South African Currencies
By Mayowa Adebajo
September 8th, 2023
Binance’s decision to use emerging market currencies as a way to boost crypto trading on its platform could prove to be a worthy gamble.
Tether Finds New Banking Partner – Bahamas-based Britannia Bank & Trust
By Chimamanda U. Martha
August 30th, 2023
While the exact start date of Tether’s partnership with the bank remains undisclosed, the crypto-focused company has historically been discreet about its banking relationships.
Tether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage
By Bhushan Akolkar
August 18th, 2023
Along with Bitcoin Omni Layer, Tether has also decided to discontinue the stablecoin versions of Bitcoin Cash and Kusama.
Coinbase Plans to Suspend Tether (USDT) Stablecoin for Canadian Users
By Bhushan Akolkar
August 18th, 2023
Coinbase noted that Tether’s USDT doesn’t meet their listing standards for Canada and thus they decided to suspend the stablecoin.
Huobi TVL Tanks amid Massive Outflows Following Insolvency Fears
By Bhushan Akolkar
August 7th, 2023
Crypto market analyst Adam Cochran also suggests that crypto exchange Binance might be selling a large amount of Tether strategically to counter Huobi.
Tether Adds $850M to Excess Reserve after Reporting Operational Profit of Over $1B in 2023 Q2
By Steve Muchoki
August 1st, 2023
Tether also announced a share buyback of about $115 million with its risk management strategy showing consolidated assets exceed liabilities.
Aave’s GHO Stablecoin Launches on Ethereum Mainnet, Here’s All You Need to Know
By Mayowa Adebajo
July 17th, 2023
The algorithmic GHO stablecoin is pegged against the United States dollar and is backed by several digital assets.