Tether

Tether

Finance

Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg

Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Finance

Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows

As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.

Visa offices. (Media/Visa)

Marchés

Tether trades at 7% to 10% premium in India. Exchanges say it's just supply and demand

Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity.

Indian flag (Naveed Ahmed/Unsplash)

Finance

Tether putting $23 billion gold stockpile to work with bullion-backed loans

The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Marchés

Tether Gold now has a dedicated options market on Bybit

These options, settled in USDT, let traders hedge risk, speculate on gold prices.

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

Marchés

Monero price rockets 33% to $438 amid $120 million onchain laundering maze

Onchain sleuth ZachXBT traced remaining funds across exchanges, instant swap services and other blockchains. Tether later froze $72 million in USDT linked to the activity.

Hacker working on two laptops (Azamat E/Unsplash)

Finance

Tether leads $1.4 billion funding round in German robotics company Neura

The investment is part of the stablecoin giant’s expansion into industries outside of crypto.

Robotics. (Gabimedia/Pixabay)

Marchés

USDT's flashing a golden cross and that may be bad news for bitcoin

USDT's dominance rate has flashed a golden crossover in a sign of caution for the broader crypto market.

(Jakub Żerdzicki/Unsplash)

Finance

Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals

USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Finance

Even a mountain of T-bills won't save Tether and Circle from a sudden liquidity crisis, expert says

The head of digital assets and tokenization at one of Germany’s largest asset managers said that USDT and USDC are not stablecoins, from his perspective.

Union Investment's Christoph Hock said that in his opinion USDT and USDC are not stablecoins and therefore pose great risks for investors. Olivier Acuna/CoinDesk)