Tether has announced a $10.8 million (€10 million) investment in media company Be Water, acquiring a 30.4% stake to support innovation in content production and distribution. This move highlights Tether's strategy to expand beyond fintech and into modern media technologies. Tether Acquires 30.4% Stake in Be Water, Expanding into Media Innovation Tether Inc.
The U.S. Department of Justice says the financial scheme of a terrorist organization was disrupted after authorities confiscated a substantial amount of the group's crypto funds.
House Majority Whip Tom Emmer thinks stablecoin bills under discussion on Capitol Hill should remove language forcing issuers to comply with stringent anti-money laundering laws.
According to data provided by Whale Alert, stablecoin issuer Tether has minted a billion USDT tokens.
Stablecoin giant Tether has announced two major investments in Be Water, an advanced digital media firm and Adecoagro.
Tether has reached 400 million users globally while expanding into media and agriculture, as CEO Paolo Ardoino envisions a growing "stablecoin multiverse."
Tether's crosschain stablecoin USDT0 has been deployed on Optimism's Superchain, enhancing stablecoin liquidity and access across Ethereum's Layer-2 networks.
Is the stablecoin era arriving faster than we think?
Circle has unveiled USDCKit, a new tool designed to make USDC payment integration easier for businesses. According to a Mar. 27 announcement on Circle's official blog, the demand for stablecoins has been rising despite market volatility.
Stablecoins have become the cornerstone of the crypto ecosystem, making up most crypto trading pairs and facilitating a massive chunk of blockchain transactions. The top five chains in terms of stablecoin market capitalization — Ethereum, Tron, BSC, Base, and Arbitrum — reveal distinct patterns in issuance, bridging, and usage.
With stablecoin adoption and use continuing to climb how the market for USD-pegged cryptocurrencies will evolve is a hot topic.
The Stablecoin issuer has increased its stakes in companies within and beyond the crypto industry after notching record profits in 2024.
Tether's USDT stablecoin has surpassed 400 million users globally, according to CEO Paolo Ardoino. In a recent post on X, Ardoino announced this milestone while emphasizing the company's adoption from the bottom up.
TL;DR USDT0, the omnichain version of Tether (USDT), expands its presence in Optimism's Superchain network after its deployment on OP Mainnet. The integration includes Kraken's Ink Layer 2 and aims to leverage the growing distribution network of the Superchain.
Intercontinental Exchange (ICE), the $70 billion operator of the New York Stock Exchange, is taking a major step towards integrating stablecoins and tokenised funds into the core of traditional finance.
TL;DR Circle and ICE (Intercontinental Exchange) have signed an agreement to explore the use of USDC and tokenized money market funds (USYC) in innovative financial products. USDC, with over $60 billion in circulation, is positioned as a reliable digital alternative to the US dollar, backed 1:1 by liquid reserves.
A group "claiming association with Hamas" had been directing supporters to donate money to more than a dozen crypto wallets.
Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.
Intercontinental Exchange Inc. (NYSE:ICE), the operator of the New York Stock Exchange, has signed a memorandum of understanding with Circle (CRYPTO: USDC) to assess the use of Circle's USDC stablecoin and tokenized yield product, USYC. Under the agreement announced Thursday, ICE and Circle will jointly explore how USDC—a dollar-pegged stablecoin with over $60 billion in circulation—can be applied across derivatives, clearing, and data services offered by ICE.
Stablecoin issuer Tether plans to acquire a 30% stake in Italian media firm Be Water, marking a strategic shift into traditional content and entertainment sectors. The move is part of Tether's broader diversification plan beyond crypto. The post Stablecoin Issuer Tether to Buy 30% Stake in Italian Media Company Be Water appeared first on Cryptonews.
The asset is fully backed by tether — the largest stablecoin by market capitalization — which is itself backed by cash and cash equivalents.
Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
ICE, the parent company of the New York Stock Exchange, enters into an agreement with Circle to explore the integration of the stablecoins USDC and USYC into its markets, paving the way for innovative and digitized financial solutions. The Intercontinental Exchange Inc. (ICE), parent company of the New York Stock Exchange (NYSE), has signed a memorandum of understanding with Circle Internet Group, a leading company in the fintech sector.
Adecoagro S.A., a leading sustainable production company in South America, has entered into a transaction agreement with Tether.
NYSE parent ICE and crypto titan Circle team up in a landmark move to turbocharge Wall Street's adoption of Circle's $60B stablecoin USDC and tokenized money market assets. ICE and Circle Partner to Explore Stablecoin-Based Financial Products Intercontinental Exchange Inc.
Web3 money app Wirex said Thursday (March 27) that it launched a travel booking platform that offers reduced rates on hotel stays and cash-back rewards when using a Wirex card.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is exploring the integration of Circle's stablecoin products—USD Coin (USDC) and US Yield Coin (USYC)—across its financial infrastructure.
Intercontinental Exchange, the company that owns the New York Stock Exchange, has partnered with Circle to start integrating the USDC stablecoin and tokenized money market funds into its platforms.
The cryptocurrency company Tether has carried out a significant financial operation in the media sector. Through a capital increase and the purchase of shares, it has become the second-largest shareholder in the Be Water group, which controls Chora and Will, two established entities in the podcast and digital information sectors, with a focus on Instagram. The investment amounts to approximately 10 million dollars, and has led Tether to hold 30.4% of the company's shares. Despite Tether's entry, the founder Guido Maria Brera remains the majority shareholder. This step is part of a broader diversification strategy undertaken by Tether, which in recent months has expanded its investments beyond the cryptocurrency sector. The company led by the Italian Paolo Ardoino, based in El Salvador, has indeed invested in areas ranging from artificial intelligence to brain implants, reaching even U.S. media and even soccer.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into a memorandum of understanding (MoU) with Circle Internet Group to explore new product innovations using Circle's USDC stablecoin and USYC tokenized money market fund. The collaboration aims to leverage the capabilities of these digital assets to enhance ICE's existing
The world's leading stablecoin issuer, Tether, invested 10 million euros ($10.8 million) in Italian media company Be Water.According to a March 27 announcement, Tether acquired a 30.4% stake in the Rome-based Media Water with its investment. Tether CEO Paolo Ardoino said the company recognizes “the importance of independent media in shaping informed societies.
TL;DR Massive Growth: Tether's “Stablecoin Multiverse” initiative accompanies a 14% user growth since October 2024, pushing its global user base past 400 million. Grassroots Approach: The strategy prioritizes community empowerment over traditional institutions, driving adoption where conventional finance often struggles.
Stablecoin issuer Tether continues to expand beyond financial technology with a fresh investment into Italy's media landscape. On March 27, the company revealed a €10 million capital injection into Be Water, an Italian media firm.
AGRO shares jumped over 7% to $11.95 in pre-market trading following the announcement
Paolo Ardoino, CEO of stablecoin issuer Tether, said the industry has just entered a new era, marked by an influx of stablecoin solutions from both private companies and governments.In a March 27 X thread, Ardoino said the crypto industry just entered the “stablecoin multiverse” era, where multiple stablecoins are launching to meet growing global demand. Source: Paolo Adroino Related: Rumble wallet rolls out with Tether's USDT for creator payments Not everyone agrees with the assessment However, Slava Demchuk, CEO of crypto compliance firm AMLBot, told Cointelegraph that he disagrees “with the premise that there are hundreds of stablecoins launched by companies and governments.
Tether CEO Paolo Ardoino has made a bold prediction about the cryptocurrency market's future, signaling a new era that he calls the "stablecoin multiverse." In a recent tweet, Ardoino shared his vision for the future, highlighting the growing adoption of stablecoins by private companies and governments.
Tether, the issuer of the world's largest stablecoin USDT, has yet again made a non-crypto related strategic investment by acquiring a 30% stake in Italian media company Be Water for approximately 10 million euros. This move marks its another step in the ongoing broader diversification strategy beyond the cryptocurrency sector.
With Tether now used by — conservatively — over 400 million people, Paolo Ardoino calls it part of a stablecoin multiverse that is only getting started.
An inside source claimed Tether is set to purchase a 30% stake in the Italian media company, Be Water. With a market value of more than $144 billion, the stablecoin firm has been expanding its portfolio beyond crypto.
The USDC extends its services into operations conducted by Japanese businesses worldwide. Circle strengthened its Japanese business commitments by taking on the role of USDC stablecoin developer.
Tether is yet to announce the investment officially.
South Korea's largest cryptocurrency exchange, Upbit, has announced the listing of WAL trading pairs. WAL, the native token of Walrus, will now be available for trading in Korean won (KRW), Bitcoin (BTC), and Tether (USDT) pairs.
Hyperliquid has seen over $340 million in USDC outflows following a controversy surrounding JELLY, a token that surged 429% before being delisted.
Circle's USDC stablecoin has reached a new all-time high, surpassing $60 billion in market capitalization.
USDC's market cap has hit an all-time high of $60.2 billion, doubling in just a year.
Rumble introduces a digital wallet backed by a $775M Tether investment, seeking to enable creators in underserved markets to receive faster, borderless crypto payments, bypassing banks and ad-based monetization. The post Rumble to Launch Digital Wallet Backed by Tether Investment appeared first on Cryptonews.
TL;DR Rumble has launched its wallet for creator payments, using Tether's USDT stablecoin, enabling fast and secure transactions. This launch follows a $775 million investment from Tether, aiming to promote financial freedom and free expression.
Circle USDC has reached $60 billion in market cap, marking a new high for the stablecoin as it continues its resurgence. According to Defillama, the stablecoin is now at $60.1 billion in circulating supply.