Tether Completes First-Ever Oil Deal Worth $45 Million
TL;DR Tether has completed its first USDT crude oil transaction in the Middle East, financing 670,000 barrels of oil worth $45 million. The operation strengthens the
Tether (Latest Publications)
Paolo Ardoino Reveals the Truth About Tether’s Official Blockchain Launch
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across
Tether Usage Reallocates as US Officials Intensify Scrutiny of $120 Billion Stablecoin
TL;DR Tether has seen a surge in usage across EMEA time zones amid growing attention from US regulators. Increased adoption of USDT has been seen in
Tether Reaches New Milestones with $2.5 Billion Q3 Profit and Record USDT Issuance
TL;DR Tether reports a record-breaking $2.5 billion profit for Q3 2024, bringing its cumulative profit for the year to $7.7 billion, driven by growing demand for
Tether’s Reserve Breakdown Exposed: $9.45B in Bitcoin, Gold, and U.S. Treasuries
TL;DR Tether reveals a diversified reserve of over 82,000 Bitcoin, 48 tonnes of gold, and over $100 billion in U.S. Treasuries. CEO Paolo Ardoino addresses market
Wall Street Traders Shift to Stablecoins and Tokenized Funds for Stability and Interest Returns
TL;DR Shift to Tokenized Funds: Wall Street traders are increasingly turning to tokenized money-market funds, which offer stability and attractive yields of 4% to 5%, as
Tether in Early Talks Over Blockchain-Based Boron Tokens and Digital Exchange
TL;DR Tether Proposal: Tether has proposed to the Turkish government the creation of tokens backed by boron minerals. Global boron reserves: Turkey holds more than 70%
USDT Adoption Booms – 330M Accounts and 36M New Users in Tether’s Best Quarter Yet
TL;DR USDT has reached a record 330 million wallets and blockchain accounts by the end of the third quarter of 2024. The growth includes the addition
Tether’s Expansion Plans: Exploring Loans for Commodity Traders in Emerging Economies
TL;DR Tether’s Strategic Shift: Tether is exploring lending opportunities in the commodities trading sector, aiming to provide quicker and more flexible funding options compared to traditional
Stablecoins Reach New Heights in Crypto Market, USDT Leads with Record Growth
TL;DR Market Surge: The stablecoin market has reached a total market capitalization of $169 billion, with Tether (USDT) leading the growth, increasing its market cap by
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