Tether Holdings Ltd. doesn’t have direct access to the US banking system, but for a while it found at least one pathway: through Signature Bank. Tether instructed crypto clients to pay for its …
Tether ‘unequivocally reiterates’ no exposure to Signature Bank
At the recent Paris Blockchain Week 2023 event, Ardoino told Cointelegraph that Tether has around $1.7 billion in excess reserves. He continued to call USDT (USDT) one of the “safest assets to hold in …
Gold’s Digital Makeover: From Ancient Treasure To Billion-Dollar Crypto Phenomenon
XAUT), created by Tether (CRYPTO: USDT), the company behind the $80 billion stablecoin USDT, are the two dominant gold stablecoins. According to CoinGecko data, PAXG and XAUT have market caps of $518 …
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Tether expects to make a $700 million profit in the first quarter of 2023, matching the profits of the last quarter of 2022, Tether CTO Paolo Ardoino told Cointelegraph.
Tether Expects First-Quarter Profit of $700 Million, CTO Says
Tether Holdings Ltd., the issuer of the biggest stablecoin, expects to post a profit of about $700 million for this quarter, Chief Technology Officer Paolo Ardoino said.
Tether Used Signature Bank to Find Path Into US Financial System
Tether Holdings Ltd. doesn’t have direct access to the US banking system, but for a while it found at least one pathway: through Signature Bank.
Tether Gained Access to U.S. Financial System Using Signature Bank: Bloomberg
Tether, the world’s biggest stablecoin issuer, used Signature Bank to transfer U.S. dollar funds from the U.S. to the Bahamas, Bloomberg reported. Tether used Signature Bank’s Signet payments platform …
Stablecoin issuer Tether accessed US banking system using Signature: Report
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payments platform — granting the firm access to United …
Allbridge offers bounty to hacker behind $573,000 multichain token bridge attack
Allbridge, a multichain token bridge, suffered a hack resulting in a $573,000 loss, as an individual exploited its BNB Chain pools swap price. Blockchain security firm Peckshield alerted Allbridge on …
Cops never flagged for homicide suspect’s dead tether
He’s being held in the Newaygo County Jail. The indictment also raises questions about what happened to the ankle tether that was supposed to have tracked him the night Kelley, 35, of Portage, went …
Bitcoin and Ethereum: More signs of crypto market peak
Bitcoin (BTC) has not seen two straight days of negative returns since 10 March, the day the financial markets went into …
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Most investors seem to have fled to Tether’s USDT, the largest stablecoin in the market, boosting its dominance to its highest level since May 2021. The $132 billion stablecoin market has been in the …
Telegram Integrates USDT Into Its Wallet Bot Exposing Crypto To 500M+ Users
Telegram has integrated USDT into its Wallet bot and now crypto is within the reach of over half a billion of its users.
Security And Crypto: An Educational Guide To Understanding Tether, DAI, And SignUp Token
This article will act as an educational guide and explore the security advantages of stablecoins such as Tether (USDT) and DAI (DAI), as well as the security measures provided by Signuptoken.com, a …
XRP, Tether, And SignUp Token: A Potential Solution To The US Banking Crisis
As a result, some altcoins like XRP (XRP), Tether (USDT), and Signuptoken.com may find themselves presented with an opportunity to gain traction in the market. In this article, we will explore the …
Analyzing exchange stablecoin holdings: Will Tether (USDT) lose relevance as Binance favors True USD (TUSD)?
Binance, OKX and ByBit are the top three exchanges based on stablecoin balances. These three platforms favor Tether, the most popular stablecoin, and have USDT as their top stablecoin holding. While …
Tether Is Winning Stablecoin Battle Despite Looming Risks
Already the world’s largest stablecoin by market cap, tether’s value has increased by more than $5 billion in the past two weeks.
Tether Claims it Has $1.6B in Excess Reserves to Back Stablecoin USDT
Crypto-asset firm Tether claims says it has approximately $1.6 billion in excess reserves in order to fully back the issuance of its USDT stablecoin …
Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin
Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion, the company’s technology chief told CNBC, revealing the …
A step-by-step guide on how to send USDT in the Telegram chat
Telegram users can now send each other the Tether stablecoin. The messaging app notified its users on Wednesday that the wallet function now supports USDT-TRON, also known as TRC20, in a notification …
Telegram Users Can Now Transfer USDT Through Chats
Telegram users can now send each other tether (USDT), the world’s largest stablecoin by market cap, within chats in the messaging app. USDT has been added to Telegram’s @wallet bot, expanding the …