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
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.
Howard Lutnick, Tether’s Wall Street Banker, Is Trump’s Pick for Commerce Chief, Not Treasury Secretary
President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.
Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States
The tokenization platform is part of Tether’s ambition to diversify its business from issuing the $126 billion USDT stablecoin.
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.