Tether


Markets

Fresh Money Flows to Crypto as Stablecoin Market Expands After 18-Month Downtrend

Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.

Stablecoin market cap (Coin Metrics)

Consensus Magazine

Paolo Ardoino: The Hardest Working Man in Crypto

The newly promoted CEO of Tether is looking to diversify the firm's investments after a banner year where the stablecoin giant is on track to profit $4.5 billion.

Tether CEO Paolo Ardoino (Mason Webb/CoinDesk)

Policy

U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas

A top official has asked members of Congress for new laws to extend the Treasury's crypto reach beyond its existing enforcement and sanctions abilities.

U.S. Deputy Secretary of the Treasury Wally Adeyemo has campaigned Congress to provide new authorities to oversee crypto outside the U.S.  (Suzanne Cordiero/Shutterstock/CoinDesk)

Policy

Stablecoins Such as Tether May Be in U.S. Sights, Top U.S. Treasury Official Warns

Wally Adeyemo, deputy secretary of the Treasury, said issuers outside the U.S. need to be forced to prevent abuse by terrorists.

Wally Adeyemo, deputy secretary of the U.S. Treasury, at Consensus 2022 in Austin, Texas

Finance

Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request

The firms said dropping the opposition doesn't mean a "wholesale release" of all documents.

(Nikhilesh De/CoinDesk)

Policy

Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ

Tether said Monday it froze $225 million of its USDT stablecoin in light of DOJ investigations.

(Pixabay)

Finance

Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT

Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.

(Nikhilesh De/CoinDesk)

Videos

OpenAI's Ex-CEO Sam Altman Joins Microsoft; Bullish Completes Purchase of CoinDesk: WSJ

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the latest developments after OpenAI's board suddenly ousted CEO Sam Altman last Friday. Plus, a closer look at why Tether is freezing $225 million worth of its own stablecoin. And, cryptocurrency exchange Bullish has bought CoinDesk.

Recent Videos

Finance

Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation

The $225 million was related to the "pig butchering" scam.

Tether freezes $225 million worth of its stablecoin (Jorge Salvador/Unsplash)

Videos

BitGo CEO Says More Bitcoin ETF Rejections Are 'Quite Likely'; Tether's Bitcoin Mining Plans

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the reason why BitGo CEO Mike Belshe believes the SEC could reject a series of spot bitcoin ETF applications. Bloomberg reports on Tether's new efforts to become a bitcoin mining giant. And, what a Mastercard executive is saying about mass adoption of central bank digital currencies (CBDCs).

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