Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion
FT identifies KPMG as auditor as stablecoin giant eyes fundraising and expansion under new U.S. rules
Tether
Circle’s USDC volumes top Tether’s USDT for first time since 2019, prompting sell-side price target hike
Japanese investment bank Mizuho remains neutral on Circle, but lifted it price target to $120 from $100.
‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.
Tether Finalizes Buying 70% of Adecoagro Stake, Securing Tokenization Ambition
The USDT issuer expands beyond crypto with a controlling stake in Adecoagro, a major Latin American producer.
Author of Crypto Bills Now Being Rehashed Predicts ‘Wicked Hot Summer’ in Congress
Patrick McHenry, the ex-lawmaker who championed last year’s crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
Tether’s $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company
Tether reported the first attestation report for its Tether Gold product under new El Salvador regulations as gold demand surges globally
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.
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.