Tether

Italy’s Agnelli family, the owners of the popular Juventus Football Club, turned down a purchase offer from stablecoin issuer Tether (CRYPTO: USDT) on Saturday. Juventus Owners Decline Purchase Offer John Elkann, CEO of the family’s holding company Exor NV (OTC:EXXRF), asserted in...

Tether (CRYPTO: USDT) just got slapped with the lowest possible stability score from S&P Global — and in the same breath, it's quietly buying more gold than sovereign nations. Only in crypto does the market's bedrock stablecoin get labeled structurally fragile the very week it starts...

Paolo Ardoino, the CEO of Tether (CRYPTO: USDT), questioned on Wednesday the methodologies adopted by traditional rating agencies after the S&P downgraded the stablecoin issuer’s stability rating. Tether CEO Challenges TradFi Ratings Ardoino slammed S&P Global Ratings in an X post,...

Capital markets analyst The Kobeissi Letter said Wednesday that the cryptocurrency sector is becoming part of a "global gold rush," noting a significant increase in the reserves held by stablecoin issuer Tether (CRYPTO: USDT). Tether: One Of Gold’s Biggest Buyers In an X post, Kobeissi Letter...

Bitcoin (CRYPTO: BTC) wanted to upend the financial system; Tether (CRYPTO: USDT) quietly built one of its own. With more than $135 billion parked in U.S. Treasuries — more than South Korea — and $10 billion in profits this year alone, the world's biggest stablecoin issuer has become something the...

Paolo Ardoino, CEO of Tether (CRYPTO: USDT), announced Wednesday that the stablecoin issuer holds more U.S Treasuries than countries like South Korea and Germany. Tether On Track To Be A $200 Billion Holder, Says CEO In an X post, Ardoino revealed that Tether has become the 17th largest holder of U...

Paolo Ardoino, the CEO of stablecoin issuing company Tether (CRYPTO: USDT), revealed on Sunday that major automobile companies have begun accepting USDT payments in Bolivia. Tether CEO Invokes ‘Digital Dollar’ In an X post, Ardoino said that Toyota Motor Corp. (NYSE:TM), BYD (...

Paolo Ardoino, CEO of Tether (CRYPTO: USDT), refuted claims Sunday that the stablecoin issuing company is selling Bitcoin (CRYPTO: BTC), while asserting its commitment to investing in “safe” assets. Tether Bullish On Bitcoin, Says Ardoino In an X post, Ardoino clarified that Tether...

Paolo Ardoino, CEO of stablecoin issuer Tether (CRYPTO: USDT), said Thursday that the company has no plans to go public, despite Circle Internet Financial’s (NYSE:CRL) success on Wall Street. What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino...

Stablecoin issuer Circle Internet Group, Inc. (NYSE:CRCL) shares are climbing again Friday after the stock soared on its first day of trading on Thursday. The stock opened at around $69 and soared as high as $100 during the session, closing at $83.23, for a 168% gain from the IPO price.  What To...

The U.S. Department of Justice (DoJ) has filed a civil forfeiture complaint to seize over $7.74 million in cryptocurrency and NFTs, allegedly connected to North Korean money laundering operations. What Happened: The Justice Department is moving to seize a range of cryptocurrencies,...

Widely followed cryptocurrency analyst Willy Woo predicted Monday that stablecoin issuing company Tether (CRYPTO: USDT) would become the top holder of U.S. treasuries once Bitcoin (CRYPTO: BTC) hits $1 million a piece. What Happened: Woo reacted to an X post showcasing Tether's growing demand for U...

Tech investor Chamath Palihapitiya highlighted the rising dominance of stablecoins in the global financial system Tuesday, deeming them one of the hottest cryptocurrency narratives besides Bitcoin (CRYPTO: BTC). What Happened: As part of his deep dive into the stablecoin market, Palihapitiya noted...

Rumble Inc. (NASDAQ:RUM) beat its revenue estimates, scaling a fresh record in the fourth quarter, and announced the creation of “Rumble Wallet” for its creator community during its earnings call. What Happened: The online video platform and cloud services operator, Rumble, closed the $...

The European Central Bank (ECB) is hopeful that the recent support for dollar-pegged cryptocurrencies from U.S. President Donald Trump will speed up the legislative approval process for the digital euro. What Happened: ECB board member Piero Cipollone conveyed optimism that Trump’s...