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.
In a recent development, Tether is all set to invest in South African energy company Adecoagro S.A., with a preliminary bid to acquire a significant stake. This move is part of Tether's ongoing global investment strategy, following its recent partnership with Juventus.
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.
Cryptocurrency firm Tether is open to all future options with regards to increasing its investment in Juventus , the Italian Serie A soccer club where it has built a 5% stake, and has the financial capacity to do so, its CEO Paolo Ardoino said on Tuesday.
In an astounding development, Tether is planning to invest in the South African energy company Adecoagro S.A. The company reportedly received a preliminary bid from Tether Investments to purchase a significant stake.
Tether is moving to expand its ownership in Adecoagro, a South American agribusiness and energy company. According to a Feb. 18 statement, the stablecoin issuer submitted a non-binding proposal on Feb. 14, offering to purchase the remaining common shares of the agribusiness at $12.41 per share.
A South American agribusiness company announced it received an unsolicited, non-binding proposal from Tether Investments. The proposal is to acquire a majority stake through a tender offer at $12.41 per share.
Adecoagro owns farmland and industrial facilities across Argentina, Brazil and Uruguay.
Tether has entered into a significant collaboration with Guinea, focusing on fostering economic growth through blockchain and peer-to-peer technology.
Tether plans to acquire a majority stake in South American agribusiness firm Adecoagro, expanding its investments amid record profits and growing financial influence.
Tether has formed a partnership with the West African nation of Guinea. The collaboration seeks to enhance economic growth by using blockchain and P2P tech.
Tether, the largest stablecoin company, announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea on February 17, aimed at accelerating the country's digital transformation and economic growth through blockchain technology.
Tether has entered into a Memorandum of Understanding (MoU) with the Republic of Guinea to explore the potential of Blockchain and P2P technologies.
Stablecoin giant Tether has agreed to help the Republic of Guinea explore the possibility of using blockchain and set up education programs on the technology.
Tether is set to expand access to blockchain and peer-to-peer technologies through a new partnership with the government of the Republic of Guinea. In an announcement on Feb.
Tether and the Republic of Guinea have signed an MoU to drive blockchain adoption and digital transformation. The partnership will focus on education, innovation, and integrating blockchain into the country's economic initiatives, supporting broader financial inclusion and technological advancement. The post Tether Signs MoU with Guinea for Blockchain Adoption and Digital Economy appeared first on Cryptonews.
Tether has introduced BrainOS while supporting BlackRock Neurotech's long-standing advancements in BCI technology.
On February 17, 2025, Tether Operations Limited, a leader in the digital asset sector, announced the signing of a Memorandum of Understanding (MoU) with the government of the Republic of Guinea.
Tether, the world's largest stablecoin issuer, has ramped up efforts to play a significant role in shaping U.S. stablecoin regulations. The company has been actively engaging with lawmakers behind the STABLE Act, a proposed bill aimed at increasing transparency and accountability for stablecoins.
Tether is exploring brain-computer interface technology with the development of BrainOS, an open-source platform designed to keep this innovation decentralized and accessible.
Tether, the issuer behind one of the leading stablecoins, is actively engaged in discussions with U.S. lawmakers to influence the development of federal stablecoin regulations.
Tether CEO Paolo Ardoino is working with US lawmakers on new stablecoin regulations, showing willingness to comply with requirements like monthly audits and regulated reserve ratios.
The primary digital asset player, Tether, joins the football stadium through its recent investment. The global sports organization announced an investment in the Italian football team, the Juventus Football Club, by acquiring a minority ownership stake.
Tether has been in talks with U.S. lawmakers behind the STABLE Act. The firm aims to get more involved in shaping U.S. stablecoin legislations.
The dream of zero fee becomes reality: will it be the new standard?
The chief executive of USDT stablecoin issuer Tether is reportedly working with US authorities to construct laws around dollar-pegged crypto assets.
Tether's CEO, Paolo Ardoino, has firmly expressed that the company will continue its operations despite looming regulatory changes through the STABLE Act. The legislation, introduced on February 6, 2025, seeks to tighten regulations around stablecoins.
Coinbase CEO Brian Armstrong said the firm aims to challenge Tether's position as the reigning stablecoin issuer by making USDC “number one."
If stablecoin rules tighten, could Bitcoin and gold reserves face an unexpected sell-off?
Tether, the world's largest stablecoin issuer, is actively engaging with U.S. lawmakers to help shape federal regulations for the stablecoin sector. The post Tether Engages With U.S. Lawmakers to Shape Federal Stablecoin Regulations appeared first on Cryptonews.
Regulations surrounding stablecoins are no longer a distant threat for crypto issuers. They are now an unavoidable reality.