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Tether


Finance

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.

By Ian AllisonNov 4, 2024

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies

Finance

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.

By Krisztian SandorOct 31, 2024

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

Policy

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The outside group of Wall Street leaders that guides the Treasury's debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.

By Jesse HamiltonOct 30, 2024

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

Finance

Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'

But the leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.

By Krisztian SandorOct 28, 2024

Tether's Paolo Ardoino: 'If the U.S. Government Wanted to Kill Us, They Can Press a Button'

Markets

Crypto Rally Foiled by Report of DOJ Probe of Tether

Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling.

By Stephen AlpherOct 25, 2024

Crypto Rally Foiled by Report of DOJ Probe of Tether

Tech

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director

Robert Liu, a member of the board of Hong Kong-based BiT Global, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin (WBTC), notes in an exclusive interview that Tron founder Justin Sun has come to the aid of customers in the past.

By Bradley KeounOct 23, 2024

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director

Policy

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Paolo Ardoino connected by video to a Washington conference to make a case for how cooperative Tether is being with global governments and how it looks forward to regulation.

By Jesse HamiltonOct 22, 2024

Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation

Finance

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

Ardoino said there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.

By Sam ReynoldsOct 1, 2024

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

Finance

Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’

Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.

By Sam ReynoldsOct 1, 2024

Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’

Policy

Swan Bitcoin Claims Ex-Employees 'Stole' Its Mining Business at Tether’s Direction

In a new lawsuit, Swan is looking for financial compensation and legal protections against its former employees.

By Cheyenne LigonSep 27, 2024

Swan Bitcoin Claims Ex-Employees 'Stole' Its Mining Business at Tether’s Direction

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