The influx of traditional finance into crypto and the emergence of international variations in regulations is prompting contrasting responses from stablecoin issuers such as Tether and Circle. Circle ...
What may be the most consequential cryptocurrency investigation in recent times began on a November evening in 2021 in a defiantly offline location: the southbound carriageway of Britain’s M1 motorway ...
If Tether were a publicly traded company, it would rank among the 20 largest companies in the United States. Tether made more than $13 billion in profit last year, and is exploring new ways to invest ...
Last week, Tether, the indisputable champion of the stablecoin market, announced that it would be starting from scratch to launch USAT, a US-only, GENIUS Act-compliant stablecoin. The launch is an act ...
Tether, issuer of the world’s largest stablecoin, said on Sunday it had frozen $85,877 in USDt (USDT) tied to stolen funds, acting in “collaboration with law enforcement.” The move has reignited ...
The recently passed GENIUS Act could significantly impact Tether (USDT-USD), which is the company behind the world’s largest stablecoin. The new legislation, which is awaiting final approval, would ...
The prime example is Tether, a firm that regulators once targeted. Its chief executive recently hobnobbed in Washington with lawmakers and lobbyists. Credit...Illustration by Zak Bickel/The New York ...
In the first half of 2024, Tether quietly posted one of the biggest profit hauls in crypto history, pulling in a staggering $5.2 billion across just two quarters. That’s not a typo: $4.52 billion in ...
Large-scale Tether issuance causes short-term U.S. Treasury prices to rise. With over 80% of Tether's reserves in U.S. Treasuries, each new issuance leads to real-time Treasury purchases. As ...
Tether is significantly larger than USDC in terms of market cap and boasts overall greater liquidity. USDC is emerging as a new payment option for U.S.-based consumers, thanks to a partnership with ...
Just two stablecoins -- Tether (CRYPTO: USDT) and USDC (CRYPTO: USDC)-- account for a whopping 90% of the value of the $250 billion stablecoin market. So, for the majority of investors, the question ...