A federal framework would embolden countless companies to dive into the stablecoin market, according to Chronicle Labs founder Niklas Kunkel.
Mansa will use the funds to fuel expansion plans across Latin America and Southeast Asia.
With fresh inflows entering the market, will BTC regain momentum or fall into another liquidity trap?
Reeve Collins, the co-founder of Tether, has announced a new project. This latest project, called Pi Protocol, aims to introduce a yield-bearing stablecoin that could offer users something extra: earnings on their crypto holdings.
Mansa, a Dubai-based fintech, providing cross-border payment services using ptablecoins, has secured $3 million pre-seed funding from Tether and Polymorphic Capital. Mansa, the 2024-founded liquidity solutions provider for global payments, also saw investment in its vision from Faculty Group, Octerra, Trive Digital.
Cross-border payment firm MANSA has secured $10 million in funding, with Tether leading the round. This follows Tethers $3 million pre-seed investment, reaffirming its commitment to MANSAs vision of enhancing global payment liquidity through USDT stablecoin.
The deal, which would give Tether ownership of 51% of Adecoagro, would involve a disbursement of $385 million. Tether is already invested in Adecoagro, which operates in Argentina and Brazil.
The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or roughly 119% of Visa and 200% of Mastercard.
Stablecoin issuer Tether backs MANSA's $10 million funding in a bid to streamline liquidity for global payments.
The European Union has approved 10 firms to issue stablecoins under its Markets in Crypto-Assets (MiCA) regulatory framework, excluding Tether, the issuer of USDT.
MANSA offers onchain liquidity services to to enhance cross-border payments for firms and plans to use the funding for global expansion.
The largest stablecoin issuer, Tether, has been excluded from the European Union's latest MiCA regulation approvals, which granted licenses to 10 stablecoin providers. This move highlights the EU's strict stance on crypto asset regulations, raising concerns about market restrictions and potential delistings of USDT within the bloc.
The European Union (EU) has approved ten stablecoin issuers under the Markets in Crypto-Assets (MiCA) regulations. This marks a key step in the bloc's approach to cryptocurrency regulation.
Stablecoins are waiting in the sidelines, with the potential to shift the market direction. In the past day, net flows to exchanges accelerated for the first time since February 3.
DeFi activities have picked up on several networks after increased stablecoin supply. TRON has become a major USDT hub with record volumes in the last four years.
Tether, the largest stablecoin issuer in the world, has been spotted sending $800 million worth of its USDT to Binance, the biggest crypto exchange by volume. According to data from blockchain “de-anonymizing” firm Arkham, Tether sent two batches of 400 million USDT to Binance early on Wednesday.
Bitcoin (BTC) continues to consolidate below $100,000, but technical indicators, alongside the asset's relationship with Tether (USDT), could signal a new record-high path towards the $150,000 mark.
TL;DR Tether has launched TradeFi, a blockchain-based platform aimed at improving global trade through financing solutions. TradeFi promotes financial inclusion and integrates industries by reducing costs and increasing efficiency in sectors like crude oil and copper.
The European Union continues to lead the world in regulations, but at the cost of economic growth, competitiveness and tech innovation.
Tether has introduced TradeFi, a new service designed to enhance global trade through innovative financing solutions. On Feb. 19, the company's CEO, Paolo Ardoino, shared the announcement on X, emphasizing that TradeFi will address the financial needs of modern commerce.
Having USDT on Bitcoin and Lightning creates a potential threat to Bitcoin's security and is a stain on the soul of Bitcoin.
TL;DR Reeve Collins, co-founder of Tether, launches a new stablecoin called Pi, backed by real-world assets like bonds, to compete with USDT. The Pi Protocol will be launched on the Ethereum and Solana blockchains, utilizing smart contracts to issue the stablecoin.
The cryptocurrency market is currently experiencing a period of caution, with one of the most significant signs being the drop in Tether (USDT) flows to exchanges. This trend indicates that traders are becoming increasingly hesitant to deploy capital into the market, especially as altcoins continue to struggle.
TL;DR Tether and Circle minted $1.25 billion in stablecoins, increasing liquidity and enhancing market stability. The influx of stablecoins may positively impact market sentiment and attract more investors and traders. Regulatory scrutiny and transparency are crucial as Tether and Circle continue their significant minting activities. Tether and Circle have collectively minted $1.
Tether co-founder Reeve Collins is launching Pi Protocol in late 2025, featuring a yield-bearing stablecoin (USP) backed by traditional assets, accompanied by governance NFTs (USPi) and reward tokens (USI), initially deploying on Ethereum and Solana networks.
Adecoagro, a leading producer of milk, rice, and renewable energy, confirmed receipt of the proposal and is currently reviewing it with financial and legal advisors. The post Tether Seeks Majority Stake in South American Agribusiness Adecoagro appeared first on Cryptonews.
Adecoagro is one of the leading agro-industrial companies in South America.
Bloomberg has revealed an ongoing project for the launch of USP, a new stablecoin that promises returns.
Tether co-founder Reeve Collins is backing a new stablecoin project that will introduce competition to the market he once helped pioneer.
In the two weeks since the early February drop, TOTAL3 has retested the range lows as resistance and fallen lower once again.
Reeve Collins, the co-founder of Tether, is making a return with the USP stablecoin which will launch on Ethereum and Solana.
The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.
Tether Co-Founder Reeve Collins is reportedly backing a new stablecoin project called Pi Protocol that will be backed by yield-bearing real-world assets like bonds. The new stablecoin is expected to debut on the Ethereum and Solana blockchains in the second half of the year, Bloomberg reported Tuesday (Feb. 18).
Reeve Collins, co-founder of Tether (USDT), is re-entering the $233 billion stablecoin market with Pi Protocol, a decentralized, yield-generating stablecoin set to launch on Ethereum and Solana in late 2025. The post Tether Co-Founder Supports New Stablecoin Project on Ethereum and Solana appeared first on Cryptonews.
The former CEO of stablecoin firm behemoth Tether is throwing his support behind a new USDT rival, according to Bloomberg. Tether co-founder Reeve Collins is now the chairman and co-founder of Pi Protocol, the maker of a new USDT competitor, USP, Bloomberg reports.
The Open Network has evolved into a thriving web3 ecosystem with $193M TVL and $1.28B in stablecoins. Factorial Finance prepares to launch USDT borrowing against TON on February 19.
The USP stablecoin will allow users to earn yield backed by bonds and other real-world assets.
Reeve Collins, a co-founder of Tether, is creating a new stablecoin project called Pi Protocol. He hopes to democratize stablecoin minting and yield returns to incentivize new adoption.
Reeve Collins, one of Tether's original co-founders, plans to launch a stablecoin on Ethereum and Solana by 2025's second half.
Reeve Collins, one of the original architects behind Tether USD (USDT), is backing a new yield-bearing stablecoin project called Pi Protocol. Collins co-founded Tether alongside Brock Pierce and Craig Sellars and served as its first CEO from 2013 to 2015.
Collins served as Tether's first chief executive officer from 2013 to 2015, after creating the stablecoin with Brock Pierce and Craig Sellars.
Tether CEO Paolo Ardoino has suggested that advancements in quantum computing could make it possible to hack and retrieve lost Bitcoin, including the nearly 1 million BTC supposedly held by Bitcoin's pseudonymous creator, Satoshi Nakamoto.
Co-founder and CEO of Amboss, Jesse Shrader, believes that broader adoption of the Lightning Network is just around the corner and that USDT on Lightning is a game changer.
Tether, the company behind the world's largest stablecoin, has teamed up with the Republic of Guinea to help the country grow its digital economy using blockchain and peer-to-peer (P2P) technology. This partnership aims to position Guinea as a leader in Africa's digital revolution.
Tether will set up educational programs to help promote blockchain use among the local populace.
Tether has made a bid to acquire a controlling stake in South American energy and agricultural firm Adecoagro. The proposal, valued at $1.24 billion, would increase Tether's ownership in Adecoagro to 51%.
Adecoagro's board is evaluating an unsolicited proposal from Tether Investment to acquire majority ownership, causing AGRO stock to rally over 10% as the $1B company attracts interest.