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  2. Crypto giant Tether invests $775 million in Trump-friendly ...

    www.aol.com/finance/crypto-giant-tether-invests...

    Tether has amassed a large fortune in recent years thanks to its namesake stablecoin, which the company says will bring in over $10 billion in profits in 2024. Flush with cash, Tether's owners ...

  3. Rumble to receive $775 million strategic investment from Tether

    www.aol.com/news/rumble-receive-775-million...

    December 20, 2024 at 5:25 PM (Reuters) - Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a blockchain-enabled platform, to ...

  4. Crypto giants Binance and Circle team up to take on Tether - AOL

    www.aol.com/finance/crypto-giants-binance-circle...

    Crypto traders have long used stablecoins because, unlike Bitcoin and other cryptocurrencies, they are not volatile, providing a way to park digital assets without incurring the transaction costs ...

  5. Tether (cryptocurrency) - Wikipedia

    en.wikipedia.org/wiki/Tether_(cryptocurrency)

    Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [3] [4]As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.

  6. Tether CEO says he sees no indication of US probe - AOL

    www.aol.com/news/tether-ceo-denies-probe-u...

    Tether is the world's largest stablecoin, a type of cryptocurrency designed to hold a fixed value over time. "There is no indication that Tether is under investigation," Tether CEO Paolo Ardoino

  7. Cryptocurrency bubble - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency_bubble

    After a short but significant fall, both crypto's peaked on 7 November 2021 at $67,566.83 and $4,812.09, respectively. The NASDAQ would peak 12 days later on 19 November at 16,057.44. Since bottoming out after the CoVID-19 crash in 2020, Bitcoin had grown over 1,200% in value and Ethereum had grown over 4,000% in value, while the NASDAQ had ...

  8. Stablecoin Tether gets boost as dollar alternative in ...

    www.aol.com/news/stablecoin-tether-gets-boost...

    Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino ...

  9. USD Coin - Wikipedia

    en.wikipedia.org/wiki/USD_Coin

    In July 2022, Circle reported that the circulation of USDC had reached $55 billion. [ 11 ] On March 11, 2023, USDC temporarily lost its peg to the US dollar after Circle revealed that $3.3 billion dollars, about 8% of its reserves, were jeopardized due to the collapse of Silicon Valley Bank the day before. [ 12 ]

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