USDT
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.
Cantor Fitzgerald CEO Howard Lutnick Is a Bitcoin Maxi and Tether Fan
He said Cantor Fitzgerald is a custodian of the U.S. Treasuries that Tether holds to back its USDT stablecoin.
Tether Freezes 41 Crypto Wallets Tied to Sanctions
Several of the frozen wallets had been using Tornado Cash over the past six months.
Paolo Ardoino: The Hardest Working Man in Crypto
The newly promoted CEO of Tether is looking to diversify the firm's investments after a banner year where the stablecoin giant is on track to profit $4.5 billion.
Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT
Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.
Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation
The $225 million was related to the "pig butchering" scam.
Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting 'dirty' USDT to RMB.
Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
The USDT stablecoin currently has a market cap of roughly $84 billion.
Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds
The median compensation globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.
