Tag
Tether
10articles
Tether leads $15 million raise for AI payments startup Mural
Tether wants a hand in what happens when software starts spending money on its own. The stablecoin issuer led a $15 million Series A round in Mural, a…
Paying savers more could slow stablecoin growth, BIS paper finds
One basis point is 0.01 percentage points, a rate change too small for most savers to notice. A new working paper from the Bank for International Settlements (BIS)…
Bitget hacker moves $83 million in stolen XRP Ripple can’t freeze
Circle and Tether could hit a switch and freeze stolen stablecoins. Ripple can’t do the same for XRP. Right now, that gap is costing Bitget about $75 million.…
Binance deal gives Circle a lift in its stablecoin race with Tether, analysts say
It took Binance roughly three years to go from 39 USDC-quoted spot markets in 2021 to 140 by late 2024. Since it partnered with Circle, that number has…
Tether, Binance and a $1.5 billion Iran oil network meet in one US forfeiture case
Federal prosecutors want $61 million. In the same filing, they describe a network that allegedly moved more than $1.5 billion. That gap, about 4 cents on the dollar,…
Tether is pushing USDT into a cracking $3 trillion Wall Street debt machine as defaults hit five-year highs
Tether just walked into private credit at the exact moment the people already in it are having a bad quarter. On Sept. 9, the stablecoin issuer and London-based…
Citi, Goldman and 19 more banks are building a stablecoin, and Circle’s stock is already bleeding
Twenty-one banks and asset managers just announced they’re forming a company to issue stablecoins. Circle’s stock is down about 6% today, underperforming most crypto-linked stocks. That’s the whole…
Russia’s central bank would let retail traders buy only bitcoin, ether and USDT
Russia’s central bank has drawn up a list of exactly three assets retail investors will be allowed to trade on regulated exchanges: bitcoin, ether and USDT. That’s the…
U.S. hits two more crypto exchanges in widening Iran sanctions push
More than $2 million moved out of Shelbit Exchange addresses and into wallets the U.S. Treasury says belong to Iran’s Islamic Revolutionary Guard Corps. Just over $1 million…
