Tether Signs MoU With the Government of Georgia
The government of Georgia and stablecoin issuer Tether have signed a memorandum of understanding (MoU) to develop the country’s Bitcoin and peer-to-peer (P2P) infrastructure. The strategic partnership between Tether and the Georgian government will concentrate on developing essential startup ecosystem infrastructure in Georgia. This collaborative endeavor aims to attract international interest and investment in the […]
USDT Dump Causes Depeg Scare, Curve 3pool Shift
Whales have been selling off large amounts of Tether (USDT), the largest stablecoin in the crypto market, causing a spike in its share within the Curve 3pool liquidity pool. The unusual influx of USDT has raised concerns about the stablecoin’s stability and sparked speculation about USDT’s depegging. Curve’s 3pool is a stablecoin pool for decentralized […]
Tether to Mine Bitcoin in Uruguay Using Renewable Energy
Tether plans to establish ethical and sustainable Bitcoin mining as the norm by utilizing Uruguay’s renewable energy sources alongside the power of Bitcoin. The stablecoin giant, Tether has dedicated resources to energy production and partnered with a licensed company in Uruguay to lay the foundation for a viable Bitcoin mining venture in the country. The […]
Strike App Integrates Tether Stablecoin for Seamless Transactions
Strike has integrated Tether (USDT) , the world’s largest stablecoin, into its platform. This allows users to easily and efficiently transact and store their digital assets. Strike, a leading global money app, has announced an innovative partnership with Tether (USDT). This collaboration marks a major milestone in the widespread adoption of cryptocurrencies as a medium […]
Tether is a ‘bogus dollar,’ says former SEC attorney
Former US Securities and Exchange Commission (SEC) attorney has allegedly alleged that Tether is a “fake” and taken his concerns about the leading stablecoin seriously. In a series of tweets, John Reed Stark, a former SEC enforcement attorney and founder of John Reed Stark Consulting LLC, has criticized Paolo Ardoino, the CTO of Tether. He […]