Tether has launched USAT, a U.S.-regulated stablecoin aimed at institutional clients. The move introduces the first major direct competitor to Circle Internet Group’s USDC in the U.S. institutional ...
China is exploring a yuan-backed stablecoin to challenge U.S. financial dominance and promote the renminbi globally. Hong Kong’s Web3 ambitions and China’s digital yuan could drive this initiative, ...
Tether, which remains the issuer of the world’s largest stablecoin, USD₮ (USDT), has announced significant updates to its blockchain strategy, reflecting a seemingly forward-thinking approach to ...
On June 12, 2022, Alex Mashinsky, founder of crypto lender Celsius, made an urgent plea for help. As the price of bitcoin crashed, panicked customers were rushing to withdraw billions of dollars’ ...
Under new CEO Paolo Ardoino, the crypto company is spending heavily in a bid to muscle into an AI market dominated by the world’s largest tech firms. Tether, which is incorporated in the British ...