Tether
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.
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.
Tether Denies U.S. Probe; MicroStrategy Premium is 'Unsustainable': Report
Tether CEO Paolo Ardoino denied a report claiming the stablecoin issuer is under a probe by U.S. federal investigators. Plus, MicroStrategy's almost 300% premium to its bitcoin holdings is unsustainable, according to a Steno Research report. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
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.
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.
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.
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.
Trump Leads Harris on Polymarket After Musk Endorsement; Tether Celebrates 10-Year Birthday
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as Donald Trump is leading Democratic rival Kamala Harris by 3 percentage points in Polymarket's election contract following Elon Musk's endorsement. Plus, Tether is developing a customized stablecoin solution to adhere to regulatory requirements in Europe and the UAE has exempted all crypto transactions from having to pay value-added tax.
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.
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.
