Venezuela Captures 80% Of Oil Revenue In USDT Amid Sanctions Pressure
TL;DR Venezuela captures 80% of its oil revenue in USDT as sanctions restrict access to traditional payment systems and international banking rails. Local economists link the
USDT (Latest Publications)
Stablecoin Giant Tether Shifts Toward Buybacks and Tokenized Equity
Tether blocked private share sales at heavily discounted prices while preparing a fundraising round of up to $20 billion with a $500 billion target valuation. One
From Bolívares to Blockchain: Venezuela’s Economy Turns to Crypto Amid Illegal Sanctions Pressure
TL;DR Crypto lifeline: Venezuelans increasingly rely on USDT and peer-to-peer platforms for payroll, remittances, and daily transactions. Resilient markets: Informal exchanges and hybrid wallet systems empower
Tether Launches QVAC Health, an AI-Powered App
Tether announced this Wednesday a significant strategic expansion into the health and artificial intelligence (AI) sectors with the launch of its new application, QVAC Health. The
Tether and HoneyCoin push USD₮ stablecoin deeper into African payments
TL;DR Tether partners with HoneyCoin to expand stablecoin access for African merchants. Launch focuses on cashless POS platform for USD₮ payments in Kenya. Aims to help
Tether’s USDT secures key regulatory label in Abu Dhabi’s ADGM
TL;DR Abu Dhabi approves USDT as a regulated “accepted fiat-referenced token”. This allows licensed institutions to integrate USDT for payments and settlements. The region also approves
Stable Mainnet Debuts, Introducing Native Token and USDT-Based Transaction Costs
TL;DR Stable launched its mainnet and the STABLE token, backed by Bitfinex and using USDT as the ecosystem’s gas, alongside the Stable Foundation. STABLE serves as
USDT Stability at Risk? BitMEX Founder Flags Dangers of Tether’s Bitcoin Exposure
TL;DR Tether holds $22.8 billion in Bitcoin and gold, plus $127 billion in Treasuries. CEO Paolo Ardoino states the firm has $7 billion in excess equity
USDT, BTC, NEXO, USDC, TRX, and MON Lead Crypto Social Buzz
TL;DR The popularity of the crypto market is now measured not only by price charts but also by social buzz. Santiment data revealed the assets dominating
Tether CEO Slams S&P’s Low Rating, Defends Stablecoin Strength
TL;DR S&P assigns USDT the lowest rating on its scale and triggers a direct clash with Tether over the strength and transparency of its reserves. CEO
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