Although USDT on-ramps are now free on Wallet, withdrawal fees can still be as high as 3.5 USDT.

Tether acquired a minority stake in Juventus, a world-famous Italian football club, causing its JUV fan token to spike. Tether is investing in a team with a pre-existing Web3 presence, and it plans to bring more teams on-chain.

Tether's Investment in Juventus FC marks a strategic expansion beyond USDT, fueling blockchain integration in sports and boosting JUV fan token prices.

JUV rose 200%, with tokens like LAZIO and PORTO also experiencing significant price jumps.

Stablecoin issuer Tether has invested in Juventus Football Club as the firm expanded beyond digital payments, Bitcoin, and AI.

TL;DR Tether has acquired a minority stake in Juventus, marking its first entry into professional sports. The investment is part of its diversification strategy, which includes areas such as AI, Bitcoin mining, and biotechnology. Juventus will leverage blockchain technology to enhance fan experience and management.

Worth more than $2 billion, Juventus is the world's 11th most valuable football club.

Tether's minority stake acquisition into Juventus, or Juve, aligns with the stablecoin issuer's goal of bringing digital assets mainstream.

Tether Investments announced a minority stake in Juventus Football Club. The move follows the unveiling of a long-term strategy designed to integrate digital assets, payment solutions, artificial intelligence, bitcoin mining, and biotech into traditional industries.

Tether Investments has announced a strategic investment in the Italian football club Juventus. This comes amid JP Morgan's statement that the USDT issuer might need to sell its Bitcoin holdings to comply with US stablecoin regulations.

Telegram Wallet now allows fee-free USDT purchases in 60 countries to enhance stablecoin adoption in partnership with TON and Mercuryo.

Crypto currency firm Tether Investment said on Friday it bought a minority stake in Italian Serie A soccer club Juventus.

"We will explore avenues for innovative collaborations and the potential to revolutionize the global sports landscape," CEO Ardoino said.

The stablecoin issuer's investment arm said it is acquiring a minority stake in the Italian club.

Tether's investment in Juventus signals a strategic shift towards integrating digital assets and technology within the global sports industry. The post Tether acquires minority stake in Italian football club Juventus appeared first on Crypto Briefing.

Bybit will phase out options and futures products, replacing them with Tether (USDT) as they expire. Despite using USDT, Bybit aims to gain MiCA compliant status for the Euro area.

Will Tether sell its 87K BTC reserve to comply with US new regulations on stablecoins?

Tether has strongly refuted JPMorgan analysts' claims that it may need to sell Bitcoin to comply with proposed US stablecoin regulations.

A report shared with crypto.news shows that one of the largest crypto exchanges received around $80 million in Tether's stablecoin from Hamas-linked exchange. Four major cryptocurrency exchanges, including Binance and Gate.

Crypto: Tether strikes back after JPMorgan's predictions of a massive Bitcoin sell-off. Should we be worried?

JPMorgan analysts have warned that Tether may need to sell off non-compliant assets, including Bitcoin, precious metals, corporate paper, and secured loans.

JPMorgan warns Tether may sell Bitcoin amid U.S. stablecoin regulations, triggering a BTC drop. Meanwhile, Bitcoin's falling wedge pattern hints at a breakout to $100K+.

An initiative supported by high-profile investors

Ardoino shot down the JPMorgan report that suggested his firm may be forced to liquidate bitcoin to comply with upcoming stablecoin regulation.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty.

According to a report from JPMorgan, Tether may need to sell Bitcoin and other commodities to reach compliance with proposed US stablecoin rules. CEO Paolo Ardoino disputed this on social media but didn't address the core concerns.

Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in the second quarter of 2025, promises zero-fee transactions and a streamlined system designed solely for stablecoins.

TL;DR Tether has responded to JPMorgan analysts, who suggested the company might have to sell Bitcoin to comply with new US stablecoin regulations. JPMorgan analysts based their comments on the GENIUS Act and STABLE Act bills, which propose strict reserve requirements for stablecoin issuers.

HTX removes PI token, converting user balances to USDT ahead of Pi Network's mainnet launch, as speculation and exchange listings grow.

Tether CEO Paolo Ardoino dismissed JP Morgan's claims that regulatory changes may force the stablecoin issuer to sell Bitcoin, expressing skepticism about the bank's predictions on Tether's compliance and market impact. The post Tether CEO Paolo Ardoino Dismisses JP Morgan's Bitcoin Sell-Off Prediction appeared first on Cryptonews.

Tether has refuted claims made by JPMorgan analysts regarding its Bitcoin reserves and ability to comply with upcoming US stablecoin regulations. In a Feb. 13 statement to CryptoSlate, the stablecoin issuer confirmed that it is closely monitoring developments around US stablecoin regulations while actively engaging with local regulators.

Tether slammed JPMorgan analysts for speculation that the issuer may need to sell its Bitcoin holdings to comply with newly proposed US stablecoin bills.

Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.

The US has introduced two stablecoin bills to regulate stablecoin issuers. According to JPMorgan analysts, for Tether to follow the planned US stablecoin rules, it might have to sell assets that don't follow the rules.

US lawmakers are pushing for new stablecoin regulations that might impact Tether's operations in the market.

Tether CEO Paolo Ardoino told The Block that JPMorgan analysts "don't understand either Bitcoin nor Tether."

Paolo Ardoino, the chief executive officer of stablecoin behemoth Tether, has taken aim at banking giant JPMorgan, claiming that its analysts are "salty" since they do not own the largest cryptocurrency.

Tether Sell Bitcoin: JPMorgan warns that new US stablecoin regulations could force Tether to offload non-compliant assets, including Bitcoin.

Tether, the biggest stablecoin issuer, might be forced to sell some of its Bitcoin holdings to follow new US regulations, says JPMorgan analysts. The US has proposed two laws, the STABLE Act and the GENIUS Act to set stricter rules for stablecoin issuers.

Tether (CRYPTO: USDT) may have to restructure asset reserves, potentially forcing the company to sell some of its holdings, including Bitcoin (CRYPTO: BTC), according to JPMorgan analysts. What Happened: This move, should it occur, could ripple through the cryptocurrency market, altering established dynamics, The Block reported.

Tether announces a strategic investment in Zengo Wallet, aiming to enhance self-custody solutions and drive global stablecoin adoption, reflecting its commitment to secure digital asset management.

Tether, the issuer of the leading stablecoin USDT and one of the largest Bitcoin (BTC) holders, could now be forced to dump part of its BTC reserves, according to JPMorgan analysts. This raises questions on potential market impacts for both Bitcoin and USDT in 2025.

Tether, the largest company in the digital assets industry, announced a strategic investment in Zengo Wallet, a keyless yet self-custodial crypto wallet. Since its launch in 2019, Zengo has served over 1.5 million users without a single wallet being compromised, thanks to its innovative approach that eliminates traditional seed phrase vulnerabilities.

JPMorgan analysts estimate that only 66%–83% of Tether's reserves comply with proposed U.S. stablecoin regulations, potentially requiring asset restructuring.

The new infrastructure will allow USDT deployments on Arbitrum, Ethereum, Tron, Ton, Ink, and Berachain to link without wrapping tokens.

DeFiLlama's data revealed that Ethereum had flipped the GMGN Telegram bot in weekly revenue less than 24 hours ago despite falling to 17th place in weekly revenue rankings. The Telegram bot BullX generated more revenue than Ethereum in the past seven days as Tether held steady at the top in terms of annual, monthly, weekly, and 24-hour revenue.