TL;DR USDT0, the omnichain version of Tether (USDT), expands its presence in Optimism's Superchain network after its deployment on OP Mainnet. The integration includes Kraken's Ink Layer 2 and aims to leverage the growing distribution network of the Superchain.

A group "claiming association with Hamas" had been directing supporters to donate money to more than a dozen crypto wallets.

Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.

Stablecoin issuer Tether plans to acquire a 30% stake in Italian media firm Be Water, marking a strategic shift into traditional content and entertainment sectors. The move is part of Tether's broader diversification plan beyond crypto. The post Stablecoin Issuer Tether to Buy 30% Stake in Italian Media Company Be Water appeared first on Cryptonews.

The asset is fully backed by tether — the largest stablecoin by market capitalization — which is itself backed by cash and cash equivalents.

Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

​Adecoagro S.A., a leading sustainable production company in South America, has entered into a transaction agreement with Tether.

Web3 money app Wirex said Thursday (March 27) that it launched a travel booking platform that offers reduced rates on hotel stays and cash-back rewards when using a Wirex card.

The cryptocurrency company Tether has carried out a significant financial operation in the media sector. Through a capital increase and the purchase of shares, it has become the second-largest shareholder in the Be Water group, which controls Chora and Will, two established entities in the podcast and digital information sectors, with a focus on Instagram. The investment amounts to approximately 10 million dollars, and has led Tether to hold 30.4% of the company's shares. Despite Tether's entry, the founder Guido Maria Brera remains the majority shareholder. This step is part of a broader diversification strategy undertaken by Tether, which in recent months has expanded its investments beyond the cryptocurrency sector. The company led by the Italian Paolo Ardoino, based in El Salvador, has indeed invested in areas ranging from artificial intelligence to brain implants, reaching even U.S. media and even soccer.

The world's leading stablecoin issuer, Tether, invested 10 million euros ($10.8 million) in Italian media company Be Water.According to a March 27 announcement, Tether acquired a 30.4% stake in the Rome-based Media Water with its investment. Tether CEO Paolo Ardoino said the company recognizes “the importance of independent media in shaping informed societies.

TL;DR Massive Growth: Tether's “Stablecoin Multiverse” initiative accompanies a 14% user growth since October 2024, pushing its global user base past 400 million. Grassroots Approach: The strategy prioritizes community empowerment over traditional institutions, driving adoption where conventional finance often struggles.

Stablecoin issuer Tether continues to expand beyond financial technology with a fresh investment into Italy's media landscape. On March 27, the company revealed a €10 million capital injection into Be Water, an Italian media firm.

AGRO shares jumped over 7% to $11.95 in pre-market trading following the announcement

Paolo Ardoino, CEO of stablecoin issuer Tether, said the industry has just entered a new era, marked by an influx of stablecoin solutions from both private companies and governments.In a March 27 X thread, Ardoino said the crypto industry just entered the “stablecoin multiverse” era, where multiple stablecoins are launching to meet growing global demand. Source: Paolo Adroino Related: Rumble wallet rolls out with Tether's USDT for creator payments Not everyone agrees with the assessment However, Slava Demchuk, CEO of crypto compliance firm AMLBot, told Cointelegraph that he disagrees “with the premise that there are hundreds of stablecoins launched by companies and governments.

Tether CEO Paolo Ardoino has made a bold prediction about the cryptocurrency market's future, signaling a new era that he calls the "stablecoin multiverse." In a recent tweet, Ardoino shared his vision for the future, highlighting the growing adoption of stablecoins by private companies and governments.

Tether, the issuer of the world's largest stablecoin USDT, has yet again made a non-crypto related strategic investment by acquiring a 30% stake in Italian media company Be Water for approximately 10 million euros. This move marks its another step in the ongoing broader diversification strategy beyond the cryptocurrency sector.

With Tether now used by — conservatively — over 400 million people, Paolo Ardoino calls it part of a stablecoin multiverse that is only getting started.

An inside source claimed Tether is set to purchase a 30% stake in the Italian media company, Be Water. With a market value of more than $144 billion, the stablecoin firm has been expanding its portfolio beyond crypto.

Tether is yet to announce the investment officially.

South Korea's largest cryptocurrency exchange, Upbit, has announced the listing of WAL trading pairs. WAL, the native token of Walrus, will now be available for trading in Korean won (KRW), Bitcoin (BTC), and Tether (USDT) pairs.

Circle's USDC stablecoin has reached a new all-time high, surpassing $60 billion in market capitalization.

USDC's market cap has hit an all-time high of $60.2 billion, doubling in just a year.

Rumble introduces a digital wallet backed by a $775M Tether investment, seeking to enable creators in underserved markets to receive faster, borderless crypto payments, bypassing banks and ad-based monetization. The post Rumble to Launch Digital Wallet Backed by Tether Investment appeared first on Cryptonews.

TL;DR Rumble has launched its wallet for creator payments, using Tether's USDT stablecoin, enabling fast and secure transactions. This launch follows a $775 million investment from Tether, aiming to promote financial freedom and free expression.

Rumble CEO Chris Pavlovski and Tether CEO Paolo Ardoino highlighted the growing potential of the Rumble Wallet today, suggesting its impact could significantly reshape digital asset adoption among global content creators.

Canadian YouTube alternative Rumble announced the launch of its wallet with support for Tether's USDT stablecoin.In a March 26 X post, Rumble CEO Chris Pavlovski said Rumble Wallet will be used for content creator monetization. He promised it would work better than most advertisers and that it would use Tether's USDt (USDT).

The leading crypto exchange Binance rattled traders and investors with its latest update to delist four token pairs shortly ahead. The exchange revealed in an official announcement this Wednesday that certain GALA, PERP, and USDT pairs will be delisted soon.

Rumble CEO Chris Pavlovski has announced that the video platform will launch its own digital wallet to monetize creators, backed by stablecoin issuer Tether.

Circle's USDC stablecoin has reached a record $60 billion market cap, surpassing its previous high of $55 billion in June 2022.

Fidelity Investments, one of the world's largest asset management firms with $5 trillion in assets, is preparing to deepen its involvement in the crypto market by launching its own stablecoin.

Stablecoins with a $235B market cap are becoming the hottest trend in crypto, and even the Trump family is jumping in with their own digital dollar. Now, Fidelity Investments—one of the biggest names in traditional finance—is making its move.

XRP's recent rally, partly driven by news of the Ripple case conclusion, continues to push the asset to new highs, potentially shaking up the cryptocurrency rankings by market capitalization.

In a significant breakthrough, Tron, Tether, and TRM Labs have successfully frozen over $9 million linked to the historic ByBit hack, according to blockchain watchdog T3_FCU (Financial Crime Unit). This joint forensic initiative was formed to combat illicit activity in the crypto space, marking a proactive step by blockchain networks and stablecoin issuers in safeguarding digital assets.

A collaborative effort between Tron, Tether, and TRM Labs has led to the freezing of over $9 million linked to the ByBit hack, according to a report from T3_FCU. These three crypto powerhouses have established a joint forensic initiative called the T3_FCU (Financial Crime Unit) to combat illicit activities on the blockchain.

TL;DR Tether is negotiating with one of the world's top four accounting firms (PwC, EY, Deloitte, or KPMG) to conduct a full, independent audit of its USDT reserves. CEO Paolo Ardoino states that the current regulatory environment in the U.S. under Donald Trump's leadership is more favorable for completing such an audit.

Tether is in discussions with one of the Big Four accounting firms to conduct a full audit of its financial reserves.

Tether, the world's largest stablecoin issuer, has reportedly initiated engagement with a “Big Four accounting firm” to audit the reserves of its fiat-pegged token. Paolo Ardoino, Tether's CEO, shared this update with Reuters as the circulating supply of USDT currently stands at 143.46 billion.

The chief executive of the world's largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting firms in the world.

Tether, the largest stablecoin company in the cryptocurrency space, has become one of the largest buyers of U.S. treasuries as a way of backing the value of the over 140 billion USDT issued.

Tether, the company behind USDT, announced that 2024, it was the seventh largest investor in U.S. securities, purchasing around $33 billion in treasury securities. This places Tether above countries such as Canada, Mexico, and Germany.

Tether recently appointed a new CFO and tasked him with organizing a full financial audit for the company, a "top priority" for the stablecoin issuer.

Stablecoin issuer USDT company Tether intends to hire one of the auditing Big Four firms to verify reserves.

Tether is reportedly working with a Big Four accounting firm to conduct an audit of its reserves and confirm that each token is backed 1:1 with assets. The post Tether Collaborates with Big Four Auditor to Verify 1:1 Backing for USDT Stablecoin appeared first on Cryptonews.

Stablecoin issuer Tether is reportedly in talks with a Big Four accounting firm to audit its assets reserves and verify that its USDT (USDT) stablecoin is backed at a 1:1 ratio.Tether CEO Paolo Ardoino reportedly said the audit process would be more straightforward under pro-crypto US President Donald Trump. It comes after rising industry concerns over a potential FTX-style liquidity crisis for Tether due to its lack of third-party audits.

Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its USDT (USDT) stablecoin is backed at a 1:1 ratio.Tether CEO Paolo Ardoino reportedly said the audit process would be more straightforward under pro-crypto US President Donald Trump. It comes after rising industry concerns over a potential FTX-style liquidity crisis for Tether due to its lack of third-party audits.

Recent reports claim that Tether CEO Paolo Ardoino is in talks with the Big Four accounting firms to finally conduct a third-party audit. However, some members of the community are skeptical, citing a lack of firm commitments.

Tether is finally doing the thing it kept saying it would do for years—getting a real audit. CEO Paolo Ardoino confirmed the company is “engaging with a Big Four accounting firm,” though he didn't say which one or when the audit would happen.