Tether Completes First-Ever Oil Deal Worth $45 Million
TL;DR Tether has completed its first USDT crude oil transaction in the Middle East, financing 670,000 barrels of oil worth $45 million. The operation strengthens the
USDT (Latest Publications)
Paolo Ardoino Reveals the Truth About Tether’s Official Blockchain Launch
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across
Tether Reaches New Milestones with $2.5 Billion Q3 Profit and Record USDT Issuance
TL;DR Tether reports a record-breaking $2.5 billion profit for Q3 2024, bringing its cumulative profit for the year to $7.7 billion, driven by growing demand for
Tether’s Reserve Breakdown Exposed: $9.45B in Bitcoin, Gold, and U.S. Treasuries
TL;DR Tether reveals a diversified reserve of over 82,000 Bitcoin, 48 tonnes of gold, and over $100 billion in U.S. Treasuries. CEO Paolo Ardoino addresses market
Plasma Presents New Bitcoin Scaling Solution for Payments, RWA, and DeFi Backed by Bitfinex
TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a
USDT Adoption Booms – 330M Accounts and 36M New Users in Tether’s Best Quarter Yet
TL;DR USDT has reached a record 330 million wallets and blockchain accounts by the end of the third quarter of 2024. The growth includes the addition
Tether’s Expansion Plans: Exploring Loans for Commodity Traders in Emerging Economies
TL;DR Tether’s Strategic Shift: Tether is exploring lending opportunities in the commodities trading sector, aiming to provide quicker and more flexible funding options compared to traditional
Stablecoins Reach New Heights in Crypto Market, USDT Leads with Record Growth
TL;DR Market Surge: The stablecoin market has reached a total market capitalization of $169 billion, with Tether (USDT) leading the growth, increasing its market cap by
Tether Celebrates 10 Years with a Documentary Featuring USDT Use Cases in Inflation-Hit Nations
TL;DR Tether releases a documentary for its 10th anniversary, highlighting USDT’s role in combating inflation. In Brazil, USDT represents 80% of cryptocurrency transactions and 90% of
Tether’s USDT Now Represents Three-Quarters of the Stablecoin Market
TL;DR Tether, the issuer of USDT, has increased its share of the stablecoin market to 75% over the past two years, according to Token Terminal. The
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