Tether

Tether

Merkado

‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings


Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Twitter/Bitfinex, modified by CoinDesk)

Pananalapi

Tether’s U.S.-Focused Stablecoin Could Launch Later This Year, CEO Paolo Ardoino Says

The company's U.S. plans depend on the final stablecoin legislation, and is aiming to create a "payment product" that institutions can use, Paolo Ardoino said in a CNBC interview.

Tether. (CoinDesk archive)

Merkado

Tether Finalizes Buying 70% of Adecoagro Stake, Securing Tokenization Ambition

The USDT issuer expands beyond crypto with a controlling stake in Adecoagro, a major Latin American producer.

(Shutterstock)

Patakaran

Author of Crypto Bills Now Being Rehashed Predicts 'Wicked Hot Summer' in Congress

Patrick McHenry, the ex-lawmaker who championed last year's crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.

Rep. Patrick McHenry (Shutterstock/CoinDesk)

Merkado

Tether's $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company

Tether reported the first attestation report for its Tether Gold product under new El Salvador regulations as gold demand surges globally

Gold breaks $3,000 an ounce (shutterstock)

Merkado

Tether Boosts Stake in Juventus to Over 10%

The stablecoin issuer first invested in the Italian football club back in February, and has now raised its stake in it.

Director de Tecnología de Tether, Paolo Ardoino, en la Blockchain Week de París en abril. (Bitfinex)

Merkado

Strike CEO Mallers to Lead Bitcoin Investment Company Backed by Tether, Softbank, Brandon Lutnick

Crypto power players back $3B bitcoin SPAC as Trump-era policies spark new wave of institutional bets.

Howard Lutnick is a fan of bitcoin and Tether's USDT. (Danny Nelson/CoinDesk)

Merkado

Tether, Galaxy, Ledn Dominate CeFi Crypto Lending as DeFi Borrowing Soars, Research Shows

Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Patakaran

Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT

Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."

Tether CEO Paolo Ardoino (Tether)

Merkado

Tether Bought 8,888 Bitcoin in Q1 for $735M; Total Holdings Rise to 92.6K

The giant stablecoin issuer funnels 15% of quarterly profits into BTC as a reserve asset, a strategy in place since May 2023.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)