Tag Archives: Tether

Tether Scandal: Chinese Authorities Uncover Alleged $2B USDT Money Laundering Operation read full article at worldnews365.me

Chinese law enforcement agencies have announced a breakthrough in their fight against illegal financial activities. They have dismantled a large underground banking gang allegedly involved in facilitating illegal transactions using Tether’s USDT stablecoin.  The operation spans multiple provinces and is believed to have enabled over $2 billion worth of illicit …

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Tether CEO Responds To Brad Garlinghouse’s Comments read full article at worldnews365.me

In a recent podcast interview, Ripple’s CEO Brad Garlinghouse stated that Tether, the largest Stablecoin issuer by market share, is next on the US government’s target list. Tether’s CEO, Paolo Ardoino, refuted Garlinghouse’s comments and accused him of spreading fear. Is Tether Next In Line? Ripple’s CEO joined Quantum’s founder, …

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Top 7 Best Tether (USDT) Wallets to Consider in 2024 read full article at worldnews365.me

USDT is one of the oldest and most popular stablecoins. It is a household name that has expanded the functionalities of DeFi and other branches of the crypto industry. Tether Limited created USDT as a fiat-collateralized stablecoin backed primarily by US Dollar reserves, which include cash, short-term US Treasury Bills, …

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Tether CEO Explains Why Bitcoin Is the Most Beautiful Currency in the World (Token2049 Dubai Interview) read full article at worldnews365.me

In a recent interview with CryptoPotato during the 2024 Token2049 Dubai Conference, Tether’s CEO, Paolo Ardoino, spoke about AI, the Bitcoin halving, the recently-launched ETFs, USDT’s market share, and much more. Ardoino, who is also the CTO of BitFinex, believes stablecoins, such as USDT, are made for the unbanked and …

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Toncoin Price Jumps 17% As Tether Widens Payment Choices On Telegram’s TON Network read full article at worldnews365.me

Tether, the company behind the largest stablecoin in the market, USDT, has made a significant expansion move that has propelled the Toncoin price, the native token of The Open Network (TON), by 17% in the past 24 hours.  Tether Expands Reach To 15 Blockchains On Friday, Tether announced the launch …

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Tether Launches Blockchain Recovery Tool As Stablecoin Circulation Hits Record $100 Billion read full article at worldnews365.me

Tether Holdings’ USDT stablecoin token has reached a significant milestone by briefly surpassing $100 billion in circulation and market capitalization, making it the first stablecoin to reach this size. Tether’s USDT aims to maintain a one-to-one value with the US dollar and has experienced a circulation increase of over 9% …

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Crypto Whale Sells Ethereum (ETH) and Tether (USDT) for Exciting New Presale DeeStream (DST): What is their Secret? read full article at worldnews365.me

In the latest updates on cryptocurrency, a significant investor, often referred to as a “whale,” has chosen to trade Ethereum (ETH) and Tether (USDT) for DeeStream’s presale, drawing attention. Simultaneously, Franklin Templeton’s shift towards a Spot ETH ETF and the negative assessments of Tether (USDT) deviate from the general market …

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USDT To The Moon? Tether Inches Closer To $100 Billion Market Cap read full article at worldnews365.me

The cryptocurrency world watches with a mix of intrigue and apprehension as Tether (USDT), the most prominent stablecoin, inches closer to a seemingly mythical $100 billion market capitalization. This monumental milestone signifies Tether’s undeniable market dominance, but it also casts a spotlight on the regulatory clouds gathering around the stablecoin …

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Tether Backs Oobit’s Mobile Payment App With $25 Million Investment – Key Factors Revealed read full article at worldnews365.me

In a recent announcement, stablecoin issuer Tether (USDT) revealed its investment in Oobit, a mobile payment application. The successful conclusion of Oobit’s Series A funding round resulted in $25 million raised, supporting the development of the platform and its mission to facilitate mainstream adoption of cryptocurrencies.  Bolstering Crypto Adoption?  According to …

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Could Tether Topple The Crypto Kingdom? JPMorgan Thinks So read full article at worldnews365.me

Tether, the undisputed king of stablecoins, finds itself at the center of a heated debate. Its surging market share, nearing $100 billion, brings both comfort and concern. While many see it as a pillar of stability in the volatile crypto market, others warn of potential risks stemming from its lack …

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UN Raises Alarm: Tether USDT’s Role In Money Laundering On The Rise read full article at worldnews365.me

According to a report by the Financial Times, the United Nations (UN) Office on Drugs and Crime has identified Tether, one of the world’s largest cryptocurrency platforms, as an increasingly popular tool for money launderers and fraudsters operating in Southeast Asia, adding to increased regulatory scrutiny of the stablecoin issuer. …

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