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

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

    Following news of the Tether investment, Rumble shares climbed 35%. Chris Pavlovski, Rumble’s chairman and CEO, has the right to sell up to 10 million shares under the terms of the deal, and ...

  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. 3 crypto billionaires were the biggest net worth gainers ...

    www.aol.com/3-crypto-billionaires-were-biggest...

    Annual wealth gain: $20.7 billion Net worth: $55.0 billion Changpeng Zhao saw the biggest annual wealth gain in the crypto industry, up $20.7 billion. Those gains bring his total net worth to $55 ...

  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. Brock Pierce - Wikipedia

    en.wikipedia.org/wiki/Brock_Pierce

    Pierce was a co-founder of the cryptocurrency Tether with Reeve Collins and Craig Sellars in 2014. [38] Tether surpassed Bitcoin in trading volume with the highest daily and monthly trading volume of any cryptocurrency on the market in 2019. [39] Tether is a so-called stablecoin because it allegedly maintains $1 in reserves for each tether ...

  8. 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 ]

  9. 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 ...

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