Tether, Circle Vie for Upper Hand in Stablecoin Industry Regulatory Push
A WSJ article delved into the contrasting styles between Tether’s Giancarlo Devasini and Circle’s Jeremey Allaire.
Tether
Solana Saw 112% Surge in Stablecoin Supply in January With TRUMP Memecoin Frenzy: CCData
This coincided with the launch of Donald Trump’s memecoin $TRUMP which caused a wave of inflows to the network
Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing
The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.
Tether Brings Its $140B USDT Stablecoin to Bitcoin and Lightning Networks
Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether’s expansion aims to spur activity to the Bitcoin-based ecosystem.
Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push
The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.
Tether’s Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
Tether’s market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.
Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates
Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.
Howard Lutnick: Tether’s Big Backer
The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves.
Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.
Instead, the company will focus on backing new stablecoin ventures such as its recent investment in Quantoz and its tokenization platform Hadron.
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.