Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world's biggest stablecoin look to capitalise on the Central American country's bid to become a hub for crypto trading.
Tether relocates to El Salvador, securing a DASP license to champion Bitcoin adoption and financial inclusion in emerging markets. The post Tether moves headquarters to El Salvador following DASP license approval appeared first on Crypto Briefing.
TL;DR Tether is relocating its operation to El Salvador after obtaining a Digital Asset Service Provider license, strengthening its global presence. This move enhances Bitcoin adoption and stablecoin usage, improving financial inclusion in emerging markets and boosting economic growth.
Tether and its subsidiaries will relocate to El Salvador following the successful acquisition of a Digital Asset Service Provider license.
The entire Tether Group will relocate its business to Bitcoin-friendly nation El Salvador after securing regulatory licenses.
Tether is moving its operations from the British Virgin Islands to El Salvador after being granted a Digital Asset Service Provider license.
Tether has created history with its mind blowing hold over the world. The financial system was revolutionized when Tether started climbing the ladder.
Tether acquires a Digital Asset Service Provider license in El Salvador, positioning itself in a Bitcoin-friendly environment to foster innovation and expand its reach in emerging markets.
As the weekend approaches, Tether has performed exemplary, topping the weekly revenue chart with $122.78 Million in fees for the last seven days.
Bloomberg's Suvashree Ghosh reports that Tether, the leading issuer of stablecoins, is embarking on a bold foray into artificial intelligence (AI) filmmaking, signaling an ambitious innovation agenda. Tether Boss Discusses Bold Step Into AI Filmmaking Renowned for its commanding role in the stablecoin sphere, Tether manages roughly $137 billion USDT in circulation.
U.S. Dollar Tether (USDT), the largest stablecoin, sees its Tron-based version outpacing Ethereum's. Transaction count data says that TRC-20 USDT might be up to 10x as popular as its ERC-20 rival.
Tether is venturing into AI filmmaking to boost its brand presence, recruiting global talent skilled in AI-driven content creation.
Taiwanese authorities have apprehended a 30-year-old man, identified as Chen, for operating as an unregistered virtual currency dealer under newly enforced anti-money laundering regulations.
Stablecoin issuer Tether has taken an unusual step in expanding its artificial intelligence (AI) business by hiring professionals in AI filmmaking, Bloomberg reported. According to Tether's careers page, the AI Filmmaker role involves using AI-driven photo and video tools to create engaging short films and videos.
As the European Union prepares to implement the Markets in Crypto-Assets Regulation (MiCA), many exchanges have suspended USDT services, raising liquidity concerns for European traders.
Now the digital bank authorized in the USA can offer PayPal USD for direct deposits and outgoing payments.
Tether is steadily expanding its operation to incorporate artificial intelligence (AI), with a unique interest in filmmaking.
Is the EU's MiCA framework forcing investors to rethink their allegiance to Tether's USDT and explore alternatives like Circle's USDC and Ripple's RLUSD? USDT under radar For years, Tether's USDT (USDT) has been the go-to stablecoin for traders and investors.
The highly anticipated Markets in Crypto-Assets Regulation (MiCA) quietly took effect on December 30, 2024, following nearly four years of development.
Polkadot-based parachain Phala has launched its Ethereum layer-2 network to expand its reach. The move continues the trend of new rollup networks on Ethereum and marks an advancement in rollup infrastructure.
In a latest development, cryptocurrency analyst Crypto Rover has issued a bullish message in a recent X post. Every time the $USDT dominance gets this high during a bull market.It's a massive #Bitcoin & #Altcoin buy opportunity.BUY THE DIP! 🚀 pic.twitter.
Aptos, one of the most popular L1 blockchains outside the Ethereum Virtual Machine ecosystem, hit two adoption milestones in the first week of 2025. It celebrates the arrival of veteran DeFi Aave v3 on its testnet, while its largest IDO platform now supports native USDT.
Kazakhstan intensified its crackdown on illegal crypto exchanges in 2024, targeting platforms linked to money laundering activities. According to a press statement, the Asian country's Financial Monitoring Agency (AFM) announced that it liquidated 36 unauthorized exchanges with a combined turnover of more than $100 million and restricted access to over 3,500 unregistered crypto trading platforms.
Ripple's stablecoin RLUSD could take a substantial European market share off Tether's USDT as the former navigate regulatory waters. Speculations have swarmed the crypto space on the status of USDT in Europe after the rollout of the Markets in Crypto Asset (MiCA) regulation.
Polkadot (DOT) has been on an eventful price journey, attracting significant attention from traders. After a strong breakout, the cryptocurrency climbed to new heights before entering a correction phase.
Polkadot's recent price surge and subsequent correction present trading opportunities.
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025.
Bitcoin was also among the underperformers, dipping 1.4%.
Crypto payments service provider Oobit, backed by Tether, Solana and others has announced that they are seeking a license in the UAE and will be setting up an office in Abu Dhabi.
Stablecoin issuer Tether, has in conjunction with a popular crypto exchange platform revealed that it will be conducting a $1 billion USDT chain swap. The swap will shift the stablecoin from other blockchains to Tron network to improve the communication between the supported chains.
The chain swap reallocates $1 billion worth of USDT from multiple blockchains to the Tron network without affecting the overall supply of USDT.
Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan.
FUD on Tether and EU regulations: the community criticizes the unfounded speculations.
Ripple's XRP has flipped Tether's USDT stablecoin to claim its spot as the third-largest crypto coin by market cap. The coin now only trails behind Bitcoin and Ethereum.
Tether (USDT), the largest stablecoin by trading volume, has reclaimed third place in the ranking of digital assets by market capitalization. USDT displaced XRP after an additional $0.6 billion boost to its market cap in a few days.
TRON remains one of the most active venues for USDT activity, becoming the leader for professional-grade and whale-scale transactions.
Tether USDt's trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.
XRP has recorded gains in the past 24 hours to flip USDT as the third largest asset by market cap. The asset has attained this feat for the second time in 30 days after it topped USDT temporarily in December 2024.
A breakout and ket bullish metrics might dictate how DOT does in the short-term.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024's price correction.
Tether's general counsel resigns as USDT faces uncertainty over compliance with new EU crypto regulations.
XRP's market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple's release of 500 million XRP from escrow, and substantial trading volumes on South Korea's Upbit exchange, indicating rising investor interest. The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews.
XRP has reclaimed its spot as the third-largest cryptocurrency by market cap and trails just Bitcoin and Ethereum. According to data from crypto.news, XRP's market cap is nearing the $140 billion threshold.
The Department of Transportation fined JetBlue Airways $2 million for repeated delays on four routes, crediting it $1 million for past and future passenger compensation.
XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether's stablecoin.
Polkadot (DOT) and Toncoin (TON) are making headlines with their recent breakouts, signalling the potential for significant growth in 2025. This digital asset trio draws attention as investors look for the next big moves in the crypto market.
The crypto markets closed 2024 on a shaky note, with fears surrounding Tether (USDT) dominating social media. Many speculate that Tether's compliance with Europe's MiCA regulations could trigger a market crash. However, the narrative may be overblown according to Michael Van de Poppe.