Tether

Tether

Markets

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)

Markets

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)

Policy

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)

Markets

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)

Markets

Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March

The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.

A gold bar (Scottsdale mint/Unsplash)

Finance

Tether Boosts Stake in $1.12B Agricultural Firm Adecoagro to 70%

AGRO shares jumped over 7% to $11.95 in pre-market trading following the announcement

Tether CEO Paolo Ardoino (Tether)

Finance

Tether Ranks Among Top Buyers of U.S. Treasuries in 2024, Firm Says

The firm said it purchased a net $33.1 billion worth of U.S. Treasury securities last year.

Treasury image via Shutterstock

Markets

Tether Raises Bitdeer Stake to 21%: SEC Filing

The USDT issuer first bought a stake in the bitcoin mining company in May 2024.

Tether CEO Paolo Ardoino (Tether)

Policy

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.

Senator Tim Scott (Jesse Hamilton/CoinDesk)

Finance

Tether’s Paolo Ardoino Says Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference

Ardoino spoke at the Cantor Fitzgerald Global Technology Conference on Wednesday as he continued his first trip to the United States.

Tether CEO Paolo Ardoino on stage at Cantor Fitzgerald's event in New York (Helene Braun/CoinDesk)