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news-imageDecember 3, 2024

Tether Mints $16B USDT Since November Amid Crypto Surge

Tether (USDT), the world's largest stablecoin by market capitalization, has seen a massive surge in its minting activities, with a total of $16 billion in new USDT minted since November 6, 2024. This latest round of issuance includes a $1 billion mint on both the Ethereum and Tron blockchains, marking the continuation of Tether's aggressive expansion strategy.
Publisher: The Currency Analytics
Sentiment: Positive
USDT

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cover-imageNewsBTC
December 24, 2024

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated.

Negative
cover-imageCryptonews
December 24, 2024

Argentina Freezes $3.5M USDT Linked to Rainbowex Ponzi Scheme: Report

Argentine authorities have frozen $3.5 million in USDT linked to the Rainbowex Ponzi scheme, which defrauded thousands of investors, following extensive investigations that led to multiple arrests and international warrants. The post Argentina Freezes $3.5M USDT Linked to Rainbowex Ponzi Scheme: Report appeared first on Cryptonews.

Positive
cover-imageCrypto Economy
December 23, 2024

Tether CEO Paolo Ardoino Announces Q1 2025 AI Platform Launch

TL;DR Tether is set to launch a new AI platform in Q1 2025, marking a significant step in its diversification strategy and aiming to integrate AI technology with its financial services. Under CEO Paolo Ardoino's leadership, Tether has been expanding beyond stablecoins, investing in sectors like energy, payments, telecommunications, and AI.

Negative
cover-imageCointribune
December 21, 2024

Europe's MiCA Rules Force USDT Out : What's Next?

The European Union is about to take a major step in regulating cryptocurrencies with the imminent entry into force of the MiCA (Markets in Crypto-Assets) rules. This initiative, praised by some as a step towards better transparency and an increased fight against financial abuses, however, triggers intense concerns among industry players.

Positive
cover-imageCoingape
December 21, 2024

Tether Plans $5 Billion Investment With AI Platform Launch in 2025

Tether CEO Paolo Ardoino has disclosed big plans for the company as the stablecoin issuer is on the path to achieving a $10 billion profit in 2024. Amid a strong surge in Bitcoin and the broader crypto market, the demand for its native stablecoin USDT has skyrocketed with its market cap soaring more than 50%

Positive
cover-imageBitcoin
December 21, 2024

Video-Sharing Firm Rumble Secures $775 Million Investment From Tether to Drive Growth

Rumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement to Bitcoin.

Positive
cover-imageCryptoSlate
December 20, 2024

Tether's $775 million Rumble investment sparks stock 35% surge

Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The news caused a sharp spike in Rumble's stock, which surged in after-hours trading, climbing 35.89% to $9.

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