Tag: Tether
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Tether Gold Enters Corporate Finance with Elemental Royalty Dividend
Elemental Royalty Corporation (ELE) will let qualifying shareholders receive quarterly dividends in Tether Gold (XAUT) instead of cash, a world-first for any public company. Each token represents one ounce of LBMA-verified gold stored in Swiss vaults, turning XAUT from a trading tool into a direct corporate payout. High Signal Summary For A Quick Glance đź“Ś…
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Tether Launches Open-Source Mining OS for Bitcoin Mining Ecosystem
In a bold move to democratize the Bitcoin mining ecosystem, Tether launches its open-source Mining OS (MOS) on February 2, 2026, during the Plan â‚ż Forum in Lugano, Switzerland, aiming to empower miners of all scales with efficient, peer-to-peer tools for managing hardware, energy, and data integration. High Signal Summary For A Quick Glance đź“Ś…
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Tether Freezes $12.3M in USDT on Tron Over Suspicious Activity
Stablecoin issuer continues enforcement against illicit finance risk Tether, the issuer of the world’s largest stablecoin, has frozen $12.3 million in USDT on the Tron blockchain. The move is part of Tether’s ongoing efforts to combat illicit activity and enforce Anti-Money Laundering (AML) policies across its network. Tether freezes $12.3M in USDT on Tron On…
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Paolo Ardoino Claims Competitors Aim to “Kill Tether”
Tether CEO Paolo Ardoino has raised concerns about a potential U.S. stablecoin bill that could restrict offshore issuers from accessing U.S. Treasury markets. He accused competitors of using political influence to weaken Tether’s role in the global financial system. Stablecoin Regulations Spark Controversy A new stablecoin bill markup, expected to be revealed soon, may prevent…
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Tether Relocates HQ to Bitcoin-Friendly El Salvador
Tether Holdings Ltd., the issuer of USDT, announced plans to move its headquarters and subsidiaries to El Salvador. The relocation follows the company securing a license to operate as a digital asset service provider in the nation. This strategic move highlights El Salvador’s growing appeal as a hub for Bitcoin and cryptocurrency innovation. Tether’s CEO…
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MiCA Deadline Looms: Uncertainty Clouds Tether’s USDT in Europe
As the European Union’s Markets in Crypto-Assets (MiCA) regulation nears its December 30, 2024 deadline, uncertainty surrounds Tether’s USDT stablecoin. The lack of clear directives from European regulators has created a split among major cryptocurrency exchanges on how to proceed. Coinbase Leads Precautionary Measures In mid-December, Coinbase delisted USDT in Europe, citing compliance concerns with…
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Coinbase to Delist Tether in Europe Amid MiCA Compliance Requirements
Coinbase has announced plans to restrict European users from trading Tether (USDT) and other stablecoins starting December 13. The move is part of its effort to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework, which aims to regulate digital assets across the region. Stablecoins Affected by the Delisting Alongside Tether, Coinbase will delist…
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Tether’s $19 Billion Minting Spree Sparks Concerns
Tether, the issuer of the world’s largest stablecoin, USDT, has minted an additional $2 billion in tokens, marking a $19 billion increase in liquidity since November 6. This significant activity has ignited debate within the crypto community about transparency and the adequacy of Tether’s reserves. Minting Spree Raises Questions Blockchain analytics platforms like Lookonchain revealed…
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SK Telecom partners with Aptos to integrate USDT in their product
Aptos Foundation has teamed up with South Korea’s telecom leader, SK Telecom. Together, they aim to bring Tether’s USDT stablecoin to “T wallet.” This collaboration will make stablecoins more accessible through a widely trusted platform. The partnership aims to bridge traditional finance with blockchain. Oh Sehyeon, vice president of SK Telecom’s web3 division, noted this…
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The Celsius and Tether Legal Clash: Unfolding Allegations
Celsius Network, a well-known crypto lender, had a significant loan agreement with Tether Ltd. dating back to 2020. This arrangement allowed Celsius to borrow stablecoins like USDT and Euro Tether (EURT), with Bitcoin used as substantial collateral. At its peak, the loan reached nearly $2 billion in USDT, secured by tens of thousands of BTC.…