Tether launches the US-regulated USAT stablecoin and names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit
from a misunderstood/opaque offshore stablecoin to a $169B market leader, now pioneering financial innovation in the U.S. Excited for the Tether America launch event. [image] @cowb...
The US DOJ seizes $225.3M in crypto linked to “pig butchering” scams of 400+ victims, marking “the largest cryptocurrency seizure in US Secret Service history”
The sum represents the largest cryptocurrency seizure against crypto scam operations in US history. — https://www.justice.gov/... X: @tether_to : Tether Acknowledged by DOJ for S...
Tether reports Q3 net profit of $2.5B, driven by yields on its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT's market cap nears $120B
Krisztian Sandor / CoinDesk :
Sources: federal prosecutors are investigating Tether for possible violations of sanctions and anti-money-laundering rules; US Treasury is considering sanctions
The U.S. government is investigating cryptocurrency company Tether for possible violations of sanctions … Forums: Hacker News : Federal investigators probe Tether r/Buttcoin : Fede...
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry
Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year …
Tether reports a “record” $5.2B net profit in H1 2024, net operating profit of $1.3B in Q2, and $97.6B US debt holdings, more than Germany and other countries
Krisztian Sandor / CoinDesk :
Stablecoin provider Tether announces a synthetic dollar backed by gold that will trade as aUSDT via smart contracts on the Ethereum Mainnet blockchain
- Alloy by Tether designed to track dollar with gold collateral — Tether Gold has a $573 million market capitalization
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain
Pavel Durov, CEO of TelegramPaolo Ardoino, CEO of Tether Tether : Tether Tokens (USD₮ and XAU₮) Launch on The Open Network (TON) Krisztian Sandor / CoinDesk : Tether Seeks to Boost...
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain
Pavel Durov, CEO of TelegramPaolo Ardoino, CEO of Tether Tether : Tether Tokens (USD₮ and XAU₮) Launch on The Open Network (TON) Krisztian Sandor / CoinDesk : Tether Seeks to Boost...
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain
Pavel Durov, CEO of TelegramPaolo Ardoino, CEO of Tether Tether : Tether Tokens (USD₮ and XAU₮) Launch on The Open Network (TON) Krisztian Sandor / CoinDesk : Tether Seeks to Boost...
Tether promotes long-time CTO Paolo Ardoino to CEO, starting in December, and plans to become a “tech-centric organization”; the current CEO will be an advisor
Tether Appoints CTO Paolo Ardoino as CEO Helen Partz / Cointelegraph : Tether stablecoin firm appoints CTO Paolo Ardoino as CEO Chayanika Deka / CryptoPotato : Paolo Ardoino Takes ...
Tether promotes long-time CTO Paolo Ardoino to CEO, starting in December, and envisions becoming a “tech-centric organization”; current CEO will be an advisor
- Stablecoin issuer Tether promoted its long-time CTO Paolo Ardoino to CEO as it envisions becoming a “tech-centric organization.”
Tether confirms resuming lending its stablecoins to clients, less than a year after committing to end such loans; $5.5B of its assets were loans as of June 30
Cryptocurrency issuer had said it would cut loans to zero in 2023 — Tether Holdings resumed lending out its own stablecoins to customers …
Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30
Yogita Khatri / The Block :
NY AG's documents: Tether once counted Chinese companies' securities among its reserves; in July 2022, Tether claimed not to be holding Chinese commercial paper
Bloomberg :
NY AG documents: Tether once counted securities from Chinese companies among its reserves; Tether said in July 2022 that it held no Chinese commercial paper
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin …
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt
- Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter …
Tether claims $700M in Q4 profit, in addition to its reserves, and $67.04B in total assets and $66.08B in liabilities; Tether-secured loans were down by $300M
- Tether issued its latest attestation report, saying its assets exceeded its liabilities as of December 2022.
Genesis' crypto lending unit, which had $2.8B in Q3 2022 active loans, halts redemptions and new loan originations; trading and custody services are unaffected
Stablecoin issuer Tether claims to have reduced its commercial paper holdings to zero, replaced with US Treasury bills, after saying it would by the end of 2022
Nelson Wang / CoinDesk :