Tether Reaches New Milestone as USDT Adoption Expands Globally
Tether, the company behind the world’s largest stablecoin, has reached a new milestone that underscores its growing influence in global finance. According to CEO Paolo Ardoino, the company’s flagship token, USDT, is now held by a user base equivalent to 6.25% of the world’s population, a figure that highlights the expanding role of digital assets […]
Tether Reverses Decision to Freeze USDT on Five Blockchains
Stablecoin issuer Tether has reversed its earlier decision to freeze USDT smart contracts on five blockchains, opting for a more flexible approach after community concerns. The company had initially planned to completely shut down support for Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand by early September. That move would have rendered USDT tokens […]
Tether to End USDT Support on Five Blockchains as Part of Strategic Refocus
Tether, the company behind the world’s most traded stablecoin USDT, has announced it will discontinue support for its token on five blockchain networks. The decision, which Tether says is part of a broader plan to refocus resources, highlights a shift in the company’s strategy toward strengthening efficiency, security, and sustainability across its ecosystem. The five […]
USDT Operator Tether Hints AI Plan in 2025
Tether, which created the $140 billion stablecoin USDT, intends to enter the artificial intelligence space by early 2025. In an effort to broaden its business emphasis beyond U.S. dollar-pegged stablecoins, Tether CEO Paolo Ardoino announced on X that the company plans to deploy its AI platform in the first quarter of next year. Since its […]
Coinbase to Delist USDT, Other MiCA Non-Compliant Stablecoins
Coinbase will not allow European users to trade certain stablecoins because of MiCA regulatory constraints. Coinbase Europe will delist a variety of stablecoin tokens, including Tether, the biggest fiat-pegged cryptocurrency, on December 13 in order to adhere to more general guidelines established by the Markets in Crypto-Assets framework. Additionally, Coinbase will forbid the trade of […]