Paolo Ardoino, the chief executive officer of Tether, has stated that the crypto company doesn't have any immediate plans to go public.
Tether CEO Paolo Ardoino has revealed that there are no IPO plans for his company at the moment. He further explained why he doesn't believe his company need to go public anytime soon.
Tether and the City of Lugano have unveiled a life-sized statue of Bitcoin's anonymous creator Satoshi Nakamoto at the 3rd Annual Plan ₿ Forum in Lugano. According to the details from Tether's announcement, the ceremony was held in front of Villa Ciani.
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country's boron markets by utilizing tokenization and establishing a national exchange for boron transactions.
Stablecoin issuer Tether has unveiled a disappearing statue of Bitcoin's creator, Satoshi Nakamoto, at the Plan ₿ Forum, celebrating the mystery and legacy of the crypto pioneer.
Tether Holdings Ltd., the issuer behind the world's largest stablecoin USDT, has proposed an ambitious plan to Turkey's government.
Simon's Cat (CAT) is expanding, sparking hopes of a new rally after an OKX spot listing. Previously, CAT rallied after Binance's perpetual futures launch.
Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70% of the global reserves, Bloomberg News reported on Oct. 24. Boron, essential in manufacturing ceramics, glass, and fertilizers, is a major asset for Turkey's economy, with sales projected to reach $1.
Tether Holdings Ltd. tried to persuade Turkey to use digital assets to renovate the country's boron market.
TL;DR Tether Proposal: Tether has proposed to the Turkish government the creation of tokens backed by boron minerals. Global boron reserves: Turkey holds more than 70% of the world's boron reserves, being a key player in its production.
They want to create digital tokens backed by boron, a mineral that Turkey has in abundance. Turkey is home to more than 70% of the world's borate mineral reserves, making it a gold mine for this valuable resource.
Turkey's state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals.
Tether is seeking to introduce blockchain technology to Turkey's boron industry by tokenizing the mineral for broader adoption.
The founder and CEO of stablecoin company Tether (USDT) says that whoever wins in the upcoming US presidential election should support the growth of crypto. In an interview, Paolo Ardoino says that while the US has always been the world's prominent pack leader, it is not the case when it comes to crypto.
The world of cryptocurrency is dynamic and ever-evolving, and one of the most significant developments in recent months has been the meteoric rise of Tether (USDT). As of late October 2024, USDT's market capitalization has surpassed a staggering $120 billion, solidifying its position as the leading stable coin in the crypto market.
Tether (USDT), the largest stablecoin in the world, has just crossed a historic threshold of 120 billion dollars in market capitalization. This news, far from trivial, comes in the context of "Uptober," a traditionally favorable period for price increases of Bitcoin and other cryptos.
Tethers stablecoin USDT has hit a new milestone, surpassing a $120 billion market capitalization for the first time, possibly signalling positive sentiment for the broader crypto market. In an Oct.
USDT market cap has surged past $120 billion, driven by its trading volume on Ethereum and Tron.
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections.
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections.
At the recent DC Fintech Week, Tether's CEO, Paolo Ardoino, emphasized the need for sensible crypto regulations in the United States. During a remote presentation, Ardoino discussed Tether's proactive engagement with global regulators and its commitment to compliance.
Tether's boss reiterated the stablecoin issuer's interest in providing U.S. dollars to the unbanked billions worldwide and expressed expectations for favorable regulations. Tether (USDT) CEO Paolo Ardoino told DC Fintech Week attendees that the company sees U.S.
Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that he's counting on sensible crypto regulations coming soon from the U.S. "There is no place like the U.S.," he said via video link at DC Fintech Week in Washington.
Tether CEO Paolo Ardoino asserted that the world's largest stablecoin is safe and says the company is doubling down on transparency.
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Binance introduces a limited-time offer for new users in MENA & South Asia, providing 15% APR on USDT Simple Earn Locked Products for 30 days.
Binance Futures announces updates to its Taker Program, offering up to 20% discounts on USDT and USDC-margined contracts starting October 29, 2024, based on trading volume criteria.
Binance provided analytical support to Delhi Police that helped in tracing laundered funds and fake SIMs in a solar scam operation.
Tether USD (USDT), the largest stablecoin by market capitalization, has reached a significant milestone, surpassing the $120 billion mark.
Tether's USDT demand grows, pushing the stablecoin's market cap to a new all-time high.
The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative.
BlackRock's BUIDL token could challenge Tether's dominance in crypto derivatives, offering new collateral options and revenue streams.
Rising USDT dominance could precipitate a correction for Bitcoin's price.
Ryan Wedding, a former Canadian Olympic snowboarder, faces criminal charges for leading an international cocaine trafficking ring.
Stablecoins have achieved several milestones since the beginning of the year, hitting a new high of $172 billion in market capitalization.
A Canadian Olympic snowboarder and his gang used Tether (USDT) as part of its cocaine trafficking operation, U.S. authorities allege.
BlackRock is set to challenge USDT and USDC's dominance with its new proposal for crypto exchanges to adopt its BUIDL token as collateral on the derivatives market. This forms part of the world's asset manager's move to gain a greater hold of the crypto market, seeing as it already holds a significant amount of bitcoins
Bitfinex has invested in Plasma, a payments, real-world assets and decentralized finance infrastructure platform focused on Bitcoin. The Bitfinex team announced via X on Oct.
The Bitcoin-focused, EVM-compatible Plasma chain raised capital from friends and family, including Tether CEO Paolo Ardoino.
Tether (USDT) has been gaining major traction on the TRON network, according to recent data from CryptoQuant. In September 2024 alone, the TRON network facilitated $424 billion in USDT transfers.
Tether has reached a remarkable benchmark: its USDT stablecoin has amassed a user base that matches the entire population of the United States. Recent figures indicate that more than 330 million on-chain wallets have interacted with USDT by the end of the third quarter of 2024, a statistic that notably excludes users who utilize USDT solely through centralized exchanges like Coin base and Binance.
Tether's USDT, the largest crypto stablecoin, recently celebrated its 10th year in the industry. The company's growth has been impressive, thanks to its steady user base, holdings that include $97 billion in US government bonds, and its plans to partner with US law enforcement agencies to strengthen its brand.
Toncoin's rising adoption and USDT integration suggest a bullish long-term outlook.
Venezuelans have ramped up the use of Tether's USDT, as it has become one of the largest sources of dollar liquidity in national markets.
Tether is the most used stablecoin in the crypto ecosystem as users consider it an alternative to fiat.
Tether Holdings, the company behind the world's most widely used stable coin, USDT, is making a strategic move into the commodity trading sector. As the company seeks new avenues to deploy profits amid a recovering market, Tether is exploring lending options specifically tailored for commodity trading firms.
New data from Tether reveals that the number of people who have adopted the firm's USDT is now equivalent to the entire population of the United States.