Tether Profits Could Eclipse Those of BlackRock in 2023: Analysts
Stablecoin issuer Tether could become one of the most profitable companies in America this year. According to some analysts, its earnings could be even greater than those of asset manager BlackRock.
Timeline of Tether
Breaking: BinanceUS Restores USD Withdrawals And Announces Major Changes; USDT Depegs - Coingape
Binance.US, the U.S.-based arm of the world's largest crypto exchange Binance, on Friday announced that it has successfully worked with banking partners to resolve all USD withdrawal issues on the crypto exchange. However, it warns banking partners may terminate the service in the near future and recommends converting USD fiat balances to stablecoins.
Tether initiates burn of USDT stablecoin, but announces it only a few minutes before the event - The Cryptonomist
This move comes after weeks in which the company minted billions of dollars in USDT and Paolo Ardoino, Tether's Chief Technology Officer, shed light on the reasons for this practice.
Reviewing the Tether Documents - Coindesk
Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether's reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, which CoinDesk won in February.
India Embraces Blockchain Technology With J.P. Morgan Partnership: Binance, Tether & Caged Beasts Poised For Success In Web3 Adoption - Crypto Reporter
India is on the verge of a banking revolution, as J.P. Morgan, one of the world's leading investment banking firms, joins forces with six major Indian banks to implement blockchain technology for 24/7 transactions. This partnership marks a significant step toward utilizing blockchain's potential in facilitating interbank dollar settlements.
NYAG releases documents detailing Tether's exposure to Chinese securities in 2021 - CryptoSlate
Documents provided to the New York Attorney General's office as part of Tether's settlement in 2021 reveal that the company held Chinese securities in the reserves backing its stablecoin USDT at the time, Bloomberg News reported.
Tether Responds to Account Deactivation Controversy - Crypto Daily
According to information released by the New York Attorney General (NYAG), Tether, the issuer of leading stablecoin USDT, reportedly deactivated around 29 accounts tied to significant players in the cryptocurrency sphere in 2021. While reasons for the individual account terminations remain undisclosed, the named entities included MoonPay, BlockFi, CMS Holdings, and Galois Capital.
Tether breaks silence on account deactivation controversy - Cryptopolitan
Tether has responded to concerns raised about its recent operational decisions. The New York Attorney General (NYAG) released documents indicating that Tether deactivated approximately 29 accounts belonging to prominent cryptocurrency players in 2021.
Tether's Depegging Incident Triggers Market Instability - Bitcoinworld
On June 15th, Tether's USDT, a popular stablecoin, experienced a significant detachment from its peg, leading to a cascade of effects throughout the market. Despite various explanations to justify this depegging event, its impact remained consistently impactful, as evidenced by multiple metrics.
A Look at the Reserve Statements That Tether Tried to Conceal - Decrypt
Documents released from the New York Attorney General's investigation into Tether confirmed rumors that it held securities issued by Chinese companies to support its USDT reserves.
Tether Responds to Claims it Blocked Accounts of Major Crypto Firms - Coingape
Tether, the issuer of the recently de-pegged stablecoin USDT has finally responded to some issues arising per its operational decisions. Matters Arising and Tether's Response According to details in the released documents by the New York Attorney General (NYAG), the stablecoin issuer reportedly deactivated up to 29 accounts owned by top crypto players two years
