November 12, 2024 at 03:35 PM GST updated: November 12, 2024 at 12:33 PM 2 mins read Crypto Live News Tether’s WDK empowers developers with tools to build self-custody wallets for both humans and AI. WDK’s open-source design supports flexible, secure wallet solutions across mobile and AI platforms. Tether expands WDK compatibility to all supported…
Paolo Ardoino said that it’s not launching a Tether chain at the moment because “neutrality is very important” Tether’s focus right now is partnering with businesses and communities rather than “trying to centralize everything” Tether had another record-breaking quarter, resulting in $7.7 billion in profit over nine months The CEO of Tether has ended rumors…
Stablecoin issuer Tether saw its profit reach a record $2.5 billion in the third quarter of the year, contributing to a nine-month profit total of $7.7 billion – an all-time high. As of September 30, 2024, the company reported $134.4 billion in consolidated assets and $14.2 billion in group equity, as per its Q3 2024…
Tether CEO Paolo Ardoino has disclosed details about the stablecoin issuer’s reserves, revealing that it holds $5.58 billion in Bitcoin (BTC), $3.87 billion in gold, and approximately $100 billion in U.S. Treasury bonds. This breakdown comes as the company faces allegations of a federal investigation in the U.S. and renewed questions about its reserve backing….
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies Tether’s Asset Reserves Following Forum Presentation This week, tether’s market cap soared past $120 billion, making it about…
Tether is building a financial tool for the “people left behind” The stablecoin was created in 2014 by Brock Pierce, Reeve Collins, and Craig Sellers It remains the largest stablecoin with a market cap worth $120 billion To celebrate the 10th anniversary of Tether, the stablecoin is releasing a documentary on USDT and how it’s…
USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural firm. This marks its first venture into the agriculture and food industry, expanding its investment portfolio beyond its previous focus areas of technology and digital assets. Tether Acquires 9.8% Stake in Adecoagro In…
Paolo Ardoino’s leadership has propelled Tether into a dominant role in financial inclusion and innovation across emerging markets. Ardoino envisions Tether as a tech powerhouse, reshaping global finance through stablecoin technology, Bitcoin mining, and renewable energy. Paolo Ardoino’s journey in the world of cryptocurrency reads like a modern digital success tale, brimming with ambition, invention,…
Paolo Ardoino, CEO of Tether, one of the largest companies in the cryptocurrency industry, has criticized the arrest of Telegram founder and CEO Pavel Durov. On social media, Ardoino stated this development was concerning for society as a whole and stressed that if it loses the battle, “dark ages will be our future.” Tether CEO…
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for the development of new use cases such as microtransactions and large-scale…