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.

TRX holders now have the advantage of seamless swaps with SOL, Solana's native token Expansion to Solana represents a significant step towards greater interoperability and network efficiency.

Tron founder Justin Sun has waded into the ecosystem's conversation amid a push to explore avenues to enhance the protocol's deflationary status. The Tron ecosystem is pushing a new proposal to implement a Bitcoin-like halving for TRX.

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.

Tether is reportedly looking to tap a Big Four auditor for its U.S. dollar pegged stablecoin's reserves.

Critics have raised questions about the stablecoin giant for not being independently audited.

Tether's CEO Paolo Ardoino shared a post on X yesterday that Tether was the seventh-largest buyer of US Treasuries in 2024. The company accumulated $33.1B worth of US Treasury securities last year, outranking countries like Canada, Mexico, and Germany.

Donald Trump's election win resulted in a series of bullish events and the biggest Bitcoin price rally. However, the hype subsided soon after that, and the investor sentiments turned bearish, and cryptocurrencies crashed.

Bitcoin and crypto tokens dropped after a disappointing speech by Donald Trump at a closely-watched summit. They have also pulled back after the FOMC decision and ahead of the upcoming triple-witching event in the US.

Tether, the creator of the world's largest stablecoin, is "engaging with a Big Four accounting firm" as it pushes for a long-awaited audit of its reserves, an effort CEO Paolo Ardoino said will be easier under U.S. President Donald Trump.

Justin Sun hints at Tron ETF as USDD grows, TRX shows potential but faces challenges.

The TRON blockchain, one of the leading smart contract platforms created by Justin Sun, has revealed that it is teaming up with Pump Fun, a popular memecoin launchpad, to introduce PumpSwap, a decentralized exchange (DEX) aimed at improving the efficiency, security, and user experience of on-chain trading. As part of the collaboration, PumpSwap will leverage

Tether purchased $33.1 billion in U.S. Treasuries in 2024, becoming the seventh largest foreign buyer and outpacing several nations while its stablecoin market cap reached $143 billion.

Tether, the issuer of USDT, ranked as the seventh-largest buyer of U.S. Treasury securities in 2024. According to a Mar. 20 post on X by Tether chief executive officer Paolo Ardoino, Tether (USDT) purchased a net $33.1 billion in U.

Tether surpasses Canada and becomes the 7th largest buyer of US Treasury bonds. What are the implications for the crypto market?

Rumors of a Tron Exchange-Traded Fund (ETF) are gaining traction after Justin Sun, founder of the Tron Network, hinted at major institutional developments. In a recent social media post, Sun suggested that ETFs could soon include TRX, fueling speculation about its entry into the regulated finance space.

Tron price remains in a bear market after plunging by almost 50% from its highest point in December this year. The TRX token was trading at $0.2315 on Friday, down from last year's high of $0.4497. This decline has brought its market cap from over $36 billion in December to $22 billion today.

Tether surprised the market by announcing that it purchased over $33 billion in Treasury bonds last year. This makes Tether the seventh-largest buyer of US bonds, ahead of countries like Canada, Mexico, and Germany.

After four years of legal pursuit, the Securities and Exchange Commission (SEC) terminated its appeal against Ripple. The decision from the Securities and Exchange Commission (SEC) has affected the crypto market as it demonstrates positive signs after enduring difficult times.

Speculation is growing around a potential Exchange-Traded Fund (ETF) for Tron after its founder, Justin Sun, hinted at major institutional developments for the asset.

Tron has been having a great day. Its founder Justin Sun took to X, formerly Twitter, with an update to a tweet he shared days before; “TRX on SOL is now live!

Despite ongoing market uncertainty, Tron (TRX) is making waves in the cryptocurrency market with its impressive price surge. However, this surge comes at a time when major assets like Bitcoin (BTC), Ethereum (ETH), and others are experiencing a notable price decline. Current Price Momentum TRX is currently trading near $0.235 and has registered a 2.

The firm said it purchased a net $33.1 billion worth of U.S. Treasury securities last year,

Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun's staked ETH will yield $3 million worth of Ethereum per year in passive income.

Stablecoins are rapidly evolving beyond their original role as digital cash substitutes, with a new generation of yield-bearing and revenue-sharing models reshaping how these assets are used in financial ecosystems, according to a report. What Happened: The report, by Foresight Ventures, explores how these innovations may soon position stablecoins as a distinct financial asset class, unlocking new forms of passive income and challenging legacy banking models.

Tether accumulates over 33 billion dollars in US bonds

Tether's financial transparency and large US debt purchases make headlines.

This investment surpassed several countries and secured its place among institutional giants. This significant move into U.S. debt markets from Tether underscores the growing influence of crypto firms in traditional finance.

Tether, the $143 billion stablecoin giant, was the world's seventh-largest buyer of United States Treasurys, surpassing some of the world's largest countries.Tether, the issuer of USDt (USDT), the world's largest stablecoin, was the world's seventh-largest US treasury buyer, surpassing Canada, Taiwan, Mexico, Norway, Hong Kong, and numerous other countries. The stablecoin issuer acquired over $33.1 billion worth of treasuries, compared to over $100 billion purchased by the Cayman Island in the first place in global rankings, according to Paolo Ardoino, the CEO of Tether.

Justin Sun, founder of TRON, announced that the token TRX will be available on the Solana blockchain. This announcement boosted TRON's price by 8%, with investors and traders expecting higher transaction speeds and utility between the two major cryptocurrencies.

Ethereum continues to dominate the stablecoin market, with USDC and USDT accounting for the majority of the $850 billion in transaction volume recorded last month.

Binance's USDT/TRY trading pair saw its highest volatility since April 2024 after Istanbul Mayor Ekrem Imamoglu, a key rival to President Tayyip Erdogan, was arrested.

According to Whale Alert, an on-chain data tracking service, the Tether treasury transferred 1 billion USDT to HTX after minting 1 billion USDT on the Tron network.

The price of Tron has risen by 2.5% in the past 24 hours, with the altcoin's move to $0.2301 coming after founder Justin Sun announced that the token will soon be available on Solana. The post Is Tron About to Become the Next Big Token? Billionaire Justin Sun Teases Solana Integration appeared first on Cryptonews.

The repost of the photo and the legends of the bianconera team.

The liquidation levels lined up well with a technical resistance level- can TRON bulls drive a rally beyond it?

Tron Founder Justin Sun has triggered new sentiment around meme coin creation on the layer-1 blockchain network. Taking to his official X account, Sun announced what appears to be insurance for creators on the protocol.

It is not every day you see a billion dollars on the move, especially in the form of USDT, but here we are - 1,000,000,000 USDT, to be exact, freshly minted and sent from the Tether Treasury to HTX, the major Asian crypto exchange formerly known as Huobi.

Cryptocurrency prices are seeing a slight recovery from Tuesday's decline with bitcoin (BTC) gaining 0.5% and the broader CoinDesk 20 Index (CD20) advancing 0.8% in the last 24 hours.

Justin Sun aims to revive meme token launches and trading on TRON. SunPump launched 112 tokens in a day, having the most active day in four months.

The cryptocurrency market remains volatile after weeks of consolidation. Bitcoin is hovering around $83k, while altcoins show mixed bullish and bearish trends.

Tron-based memecoins were enjoying their time in the green on March 19, with their total market cap rising nearly 20% over the past day. According to data from CoinGecko, Sundog (SUNDOG), the largest memecoin on the Tron blockchain, rallied 10.

On-chain data showed that Ethereum hosted $35 billion in USDC stablecoins and $67 billion in USDT.

TRON founder Justin Sun announced an aggressive push to bolster TRON's memecoin ecosystem, offering zero trading fees, unlimited free energy, and up to $1 million in developer incentives.

Tron's native cryptocurrency TRX is up by 7% today after founder Justin Sun announced plans to double down on building the meme ecosystem on the blockchain. this announcement was enough to push the Tron price higher with daily trading volumes surging 62% to more than $1.23 billion.