Tether CEO Paolo Ardoino has reaffirmed the company's strong market position amid increasing competition in the stablecoin sector. Speaking at the PlanB Forum in El Salvador and later addressing concerns on social media, Ardoino emphasized that Tether has spent the past decade building an extensive global distribution network.
Tether is continuing to expand its stablecoin supply by minting $1 billion batches of USDT on the TRON blockchain. The move is a sign of Tether's commitment to bolstering liquidity across chains, while also highlighting the rapid expansion of TRON's DeFi ecosystem.
Tether CEO Paolo Ardoino dismissed concerns about stablecoin competition. Tether CEO Paolo Ardoino has dismissed concerns about competition in the stablecoin market, emphasizing Tether's (USDT) decade-long growth and extensive distribution network.
Tether is poised to grow in the United States as Paolo Ardoino showed optimism with allies in government.
In a fresh shake-up, Tether (USDT) stablecoin has once again overtaken XRP in the crypto market rankings. With a market capitalization of $141.4 billion, Tether now ranks as the third largest cryptocurrency, pushing XRP to the fourth spot with a current market valuation of $139.72 billion.
Tron, the crypto project founded by Justin Sun, remains in a bear market after falling more than 40% from its highest level in 2024. Tron (TRX) price dropped to $0.
With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals.
Stablecoin issuer Tether is advancing its AI initiatives with a focus on translating brain signals into speech. In a Feb. 6 post on X, Tether CEO Paolo Ardoino revealed that Tether Data's research and development (R&D) team has built an electrocorticography (ECoG) plugin.
The price of TRON (TRX) fell to $0.198 before rebounding on February 3. The cryptocurrency has resumed its uptrend after recovering above the $0.22 support.
The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly. Bitcoin (BTC) remained subdued at the $97K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market capitalisation stands at $3.15 trillion, reflecting a 1.06% decline over the past 24 hours.
The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
Justin Sun's Tron coin has remained in a deep bear market despite having some of the strongest fundamentals in the crypto industry. Tron price has dropped to $0.2320, down by over 57% from its highest level in December last year. This article explores why the TRX price may bounce back in the coming weeks.
In 2024, Tron reached several important milestones, outpacing both Bitcoin and the broader altcoin market and expanding its user base.
Tether and Reelly Tech join forces to revolutionize UAE's real estate industry by implementing stablecoin payments and launching educational initiatives.
Tether CEO Paolo Ardoino just unveiled some of the artificial intelligence (AI) products that the stablecoin company is currently working on.
Tron (TRX), the cryptocurrency built around decentralized applications (dApps) and decentralized finance (DeFi), has shown a notable recovery after facing significant price declines in the past week. Despite a 10% drop in value over the past week, TRX saw a 3.7% rebound in the last 24 hours, bringing its price to $0.2253.
Real-estate agents in Dubai will be able to close deals using USDT payments.
In a latest development, Tether Operations Limited, the largest company in the digital asset industry, has signed a major Memorandum of Understanding (MoU) with Reelly Tech, a top real estate B2B platform in the UAE.
Tether CEO Paolo Ardoino has debunked rumors that the stablecoin issuer wants to launch a blockchain network. In a reaction to a post by popular crypto personality Ansem asking whether Tether is launching a blockchain, Ardoino simply responded NO.
Tether and Reelly Tech have entered a strategic partnership to incorporate USDT into real estate transactions across the UAE. The collaboration enables over 30,000 local and international agents on Reelly Tech's platform to utilize the stablecoin for property purchases, improving transaction efficiency and security.
Tether and Reelly Tech are teaming up to integrate USDT into real estate transactions in the UAE. The partnership aims to improve efficiency in real estate deals while educating agents on the practical applications of stablecoins.
Tether and its new partner in the UAE will offer an opportunity to use USDt to purchase real estate at 30,000 local and international property agents.
A few weeks ago, DeepSeek rocked the AI market with a cheaper, perhaps even better Chat GPT alternative. In the aftermath, AI hype took a hit and crypto projects fell, before eventually bouncing back.
Tether CEO Paolo Ardoino has once again refuted claims that the company is developing its blockchain. On Feb. 5, Ardoino took to X to clarify that Tether has no intention of launching a blockchain, calling the speculation baseless.
Tether, the world's largest stablecoin issuer, is expanding its artificial intelligence (AI) initiatives with several new applications in development, according to CEO Paolo Ardoino. The post Tether is Developing New AI Applications, Including AI Bitcoin Wallet Assistant appeared first on Cryptonews.
Stablecoin issuer Tether is developing a number of AI apps such as AI Translate, AI Voice Assistant and AI Bitcoin Wallet Assistant.
TRX rebounds after a 10% weekly drop, driven by increased decentralized activity and positive technical indicators.
Tether is developing AI-powered applications, including a bitcoin wallet assistant, translation tools, and voice assistants, aiming to enhance user experience and privacy. Development of Ai-Powered Tools by Tether Tether, renowned for its USDT stablecoin, is expanding into artificial intelligence (AI) with a suite of innovative applications.
Tether is gearing up to roll out an AI platform with tools for translation, voice assistance, and Bitcoin wallet management.
The growing rivalry between Tron (TRX) and Ethereum (ETH) has taken a new twist with an unusual network shift. According to data insights from the crypto analytics platform CryptoQuant, Tron has surpassed Ethereum in network fee revenue.
Tron (TRX) and Cardano (ADA) have remained popular choices for investors looking for long-term blockchain projects with strong fundamentals. Tron's high-speed transactions and low fees have made it a go-to network for decentralized applications (dApps) and stablecoin transactions.
Tether, the issuer of the world's largest stablecoin, is expanding its artificial intelligence (AI) capabilities. On Feb. 4, Paolo Ardoino, the company's CEO, revealed that the firm is working on several AI-driven applications while preparing to launch an open-source software development kit (SDK) platform.
Stablecoins expanded their activity in 2024, remaining a tool for peer-to-peer payments, making up to 50% of on-chain traffic.
Tether CTO Paolo Ardoino revealed the company is expanding beyond stablecoins to venture into Artificial Intelligence(AI). According to the CTO, the AI-backed applications will focus on working locally to guarantee full privacy.
TL;DR Tether is launching a new initiative called Tether Data to integrate AI-driven solutions into financial and communication tools. The open-source AI SDK platform, built on Bare, will support development across various hardware and emphasize privacy and decentralization.
Tether CEO Paolo Ardoino recently provided an overview of Tether Data, showcasing three artificial intelligence (AI) applications currently in development. As the issuer of the USDT stablecoin, Tether is expanding its technological portfolio with a focus on AI integration.
Yesterday, Republican Senator Bill Hagerty introduced a new bill in the Senate regarding stablecoin regulation.
Tether has previewed three AI applications for crypto management, including a voice-controlled wallet assistant, as part of its planned Q1 2025 launch of an open-source AI platform.
Tether CEO Paolo Ardoino shares a preview of the AI features that the stablecoin firm is currently developing alongside its own AI SDK platform.
Tether's AI SDK platform emphasizes privacy and self-custody.
Issuing the most popular stablecoin USDT, Tether has reported a record $13 billion in net income through 2024.
Tether, the issuer of the USDT stablecoin, has announced the development of an open-source AI Software Development Kit (SDK) platform. Paolo Ardoino, Tether's Chief Technology Officer, revealed that the platform is built on Holepunch's Bare JavaScript runtime and is designed to support AI-driven applications, including translation tools, voice assistants, and Bitcoin wallet assistants.
low fees, but new competition from Coldware (COLD) is challenging its dominance. With Coldware (COLD) gaining momentum as a highly scalable and decentralized Layer-1 blockchain, investors are taking note.
Tron founder Justin Sun has boldly heralded USDD as the only “true decentralized stablecoin” in the entire crypto sector. Sun has made several promotional statements in recent weeks to rally the crypto community toward the stablecoin, ahead of the launch of USDD 2.0.
TRON consolidates after a sharp decline, with a larger recovery likely ahead, targeting $0.34. The crypto's price is still showing indecision, but short-term bullishness looks highly likely.
TRON and Movement Labs assert $TRX and $MOVE holdings were acquired via standard market transactions. WLFI holds significant assets, including Ethereum, USDC, Chainlink, AAVE, TRON, and Uniswap.
TRON's TRX is the second largest holding in World Liberty Financial's wallet.