Bitfinex And Tether Falsified Documents To Access Bank Services, Report Claims
A report by The Wall Street Journal reveals the alleged illicit acts of Bitfinex and Tether in 2018. This is one of the many legal issues and controversies that have characterized Tether since its launch in 2014.
Timeline of Tether
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions - Bitcoin
Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most popular use case for the stablecoin involves its purchase for devaluation shielding purposes, a handful of companies are also harnessing it in this way.
Exchanges using USDT to trade in Russia despite sanctions: Report - AMBCrypto
Popular crypto exchanges KuCoin and Huobi have come under fire for failing to comply with the sanctions imposed on Russia in light of its conflict with Ukraine. The Seychelles-based firms have a considerable presence in the crypto space and are counted among the world's largest crypto exchanges.
Tether Has Over 50% Of The Stablecoin Market, The Highest In 14 Months - Coincu
Key Points: As the SEC prepares to crack down on dollar-pegged tokens, Tether, the oldest stablecoin, is as strong as ever. Tether (USDT) is once again establishing itself as crypto's preferred pegged currency, with its stablecoin market share approaching 50% for the first time since December 2021.
Tether's USDT Is on a Roll, Approaches 50% Market Share for the First Time Since This Year - CoinPedia
Tether's (USDT) stablecoin market share is approaching 50% for the first time since December 2021 and is once again consolidating as cryptocurrency's preferred pegged token. The largest stablecoin issuer now has a $68.4 billion circulating supply, an increase of around 3%, after deploying an additional $2.4 billion USDT this year.
Tether Releases Attestation Report Showing $960M Excess Reserves - PYMNTS
Tether has released a report showing excess reserves and a shift of assets in Treasury bills. The attestation report completed by public accounting firm BDO and released Thursday (Feb.
Tether Reports $700M Profit Boost, Zero Commercial Paper In 2022 - Benzinga
Tether Holdings Limited, the company behind the popular stablecoin USDT (CRYPTO: USDT) reported a net profit of more than $700 million in the last quarter of 2022, according to its latest Consolidated Reserves Report (CRR).
Tether Posts $700 Million Profit, Eliminates Commercial Paper From Reserves - EWN
Tether's latest attestation report revealed that the USDT issuer's assets exceeded its liabilities. CTO Paolo Ardoino claimed that the firm made a profit of $700 million in the last quarter of 2022.
Stablecoin Issuer Tether Reports $700M Net Profit In Q4 2022 - Coincu
Key Points: Tether, the stablecoin issuer, presented its latest attestation report on Thursday, showing a “net profit” of $700 million in the fourth quarter of 2022, which it claims is added to its reserves.
Breaking: Tether Reports $700 Mn Profit In Q4, Eliminates Commercial Paper Exposure - Coingape
Tether Holdings Limited, issuer of the world's largest stablecoin USDT, on Thursday reported a $700 million profit made in the fourth quarter, as per its latest attestation report. The consolidated assets exceed its consolidated liabilities.
Crypto.com Gives Jan 31 Deadline For Delisting Tether USDT in Canada - Zycrypto
Following directives from the Ontario Securities Commission (OSC), Crypto.com has announced its plans to delist USDT from its platform for all users in Canada. The January 31st deadline was made public to Crypto.com users in Ontario, sparking wide FUD on the fate of the world's largest stablecoin.
