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Tether has been linked to groups including Hamas and Russian arms dealers have been linked. "There is no indication that Tether is under investigation," Tether CEO Paolo Ardoino posted on X after ...
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
Today, Tether’s eponymous stablecoin, a digital token pegged 1:1 to the U.S. dollar, is one of the world’s major currencies, and the company, which has long operated in the financial shadows ...
LONDON (Reuters) -The world's largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether ...
Tether Limited also disclosed a net equity of $11.9 billion, and the stablecoin's market capitalization exceeded $114 billion. [5] [6] Tether faces criticism regarding the transparency and verifiability of its claimed fiat reserves. [7] Tether is the largest cryptocurrency in terms of trading volume, holding 70% of the market share among ...
Its $105 billion market cap means Tether is more dominant in the stablecoin market than ever, and it's using its extra cash to invest heavily in AI and to play the Washington, D.C., game.
In 2017, Ardoino became chief technology officer of Tether. [1] He later became the chief executive of Tether in 2023. Under Ardoino, Tether's flagship stablecoin, USDT, has grown to become the largest stablecoin by market capitalization, [5] and Bitfinex is the world's second largest exchange by number of Bitcoin held in its digital wallet. [6]
Tether has made a discreet bid to face off scrutiny over its stablecoin, USDT, updating their website to clarify how their reserves are made up.The post Tether quietly updates its collateral ...