The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. …
Tether
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Finance
Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace
by shayaanby shayaanStablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply is shrinking for the first time in years, …
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Finance
Willy Woo Highlights Whale Accumulation as Tether Gold Gains Attention
by shayaanby shayaanAmid a wave of selling pressure across the crypto market, Tether Gold is gaining attention due to observations made by prominent analyst …
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Stablecoin Market Sheds More Than $12 Billion Since Mid-May The fiat-pegged crypto coin sector, as tracked by defillama.com on Saturday, Jul. 18, …
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Finance
Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push
by shayaanby shayaanLeading stablecoin issuer Tether invested $20 million in Argentine neobank Ualá, taking an equity stake in a financial platform with more than …
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Scams
Bankers Filed Suspicious Activity Report Over Farage’s £5M Gift From Tether Billionaire
by shayaanby shayaanIn brief Bankers reported a £5 million ($6.7 million) gift to Nigel Farage from crypto billionaire Christopher Harborne to the UK’s National …
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Tether is investing $20 million in Mercado Bitcoin as part of a strategic financing round, the company announced Tuesday. The move strengthens …
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Adoption
Tether Invests $20M In Mercado Bitcoin, Expanding Latin American Crypto Infrastructure
by shayaanby shayaanTether is no longer content just issuing the world’s largest stablecoin. The company is now buying into the platforms where that liquidity …
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Scams
Tether Invests $20 Million in Mercado Bitcoin to Fuel Expansion Across Latin America
by shayaanby shayaanIn brief Tether will invest $20 million in a strategic financing round for Mercado Bitcoin, a Brazilian crypto platform, to expand blockchain-based …
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Markets
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
by shayaanby shayaanAs Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. www.coindesk.com