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news-imageFebruary 2, 2025

Stablecoin Issuer Tether Posts $7,087,270,541 in Excess Reserves at End of 2024

An independent audit reveals that stablecoin issuer Tether (USDT) had billions of dollars of excess reserves at the end of last year. According to a recent audit by accounting firm BDO Global, Tether has $143.7 billion worth of reserves and about $136.613 billion worth of liabilities, bringing it to a surplus of about $7 billion.
Publisher: The Daily Hodl
Sentiment: Positive
USDT

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Negative
cover-imageCrypto Economy
February 10, 2025

Tether CEO Addresses Quantum Computing Risks to Bitcoin Security

TL;DR Tether CEO highlights the long-term risks quantum computing could pose to Bitcoin's security, emphasizing that future advancements could enable the recovery of Bitcoin from lost or inactive wallets. The potential revival of Satoshi's dormant coins raises concerns about market stability, with analysts warning that reintroducing these coins could disrupt Bitcoin's supply dynamics.

Neutral
cover-imageThe Currency Analytics
February 9, 2025

USDT Minting Surge on TRON, TRX Price Stalls

USDT minting on the TRON blockchain has surged dramatically, pushing the total supply of the stablecoin close to a historic peak. However, despite this significant increase in USDT supply, TRON's native token, TRX, has shown only modest growth, and its price remains largely unaffected by the surge in stablecoin minting.

Positive
cover-imageCryptopolitan
February 8, 2025

Tether CEO unbothered by USDT competition

Tether's CEO, Paolo Ardoino took to X (formerly Twitter) to express his bullishness about his company's market position. The CEO's statement came in response to growing competition within the stablecoin market.

Positive
cover-imageCoingape
February 7, 2025

Tether CEO Explains Why USDT Is Still Ahead Of Competitors

Tether CEO Paolo Ardoino has reaffirmed the company's strong market position amid increasing competition in the stablecoin sector. Speaking at the PlanB Forum in El Salvador and later addressing concerns on social media, Ardoino emphasized that Tether has spent the past decade building an extensive global distribution network.

Neutral
cover-imageCryptoSlate
February 7, 2025

Tether's new AI tech translates brain signals into speech

Stablecoin issuer Tether is advancing its AI initiatives with a focus on translating brain signals into speech. In a Feb. 6 post on X, Tether CEO Paolo Ardoino revealed that Tether Data's research and development (R&D) team has built an electrocorticography (ECoG) plugin.

Positive
cover-imageCoingape
February 6, 2025

Tether and Reelly Tech Partner To Boost UAE Real Estate With USDT

Tether and Reelly Tech have entered a strategic partnership to incorporate USDT into real estate transactions across the UAE. The collaboration enables over 30,000 local and international agents on Reelly Tech's platform to utilize the stablecoin for property purchases, improving transaction efficiency and security.

Positive
cover-imageBitcoin
February 5, 2025

Tether Ventures Into Artificial Intelligence With New Application Suite

Tether is developing AI-powered applications, including a bitcoin wallet assistant, translation tools, and voice assistants, aiming to enhance user experience and privacy. Development of Ai-Powered Tools by Tether Tether, renowned for its USDT stablecoin, is expanding into artificial intelligence (AI) with a suite of innovative applications.

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