8 hours ago | 2 mins read Bitcoin News McDonald’s starts accepting BTC and USDT payments in Switzerland. Lugano city’s McDonald’s to be the first to accept crypto payments. City of Lugano is keen on m...
Tag: Tether
Tether Strives To Regain Community Trust, Slashes Commercial Paper Holdings
In an effort to increase transparency, Tether has recruited a new accounting company to undertake routine audits and attestation reports to guarantee that its stablecoin is appropriately backed by US ...
McDonald’s starts to accept Bitcoin and Tether in Swiss town
Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in the Italian-speaking region of Switzerland, which is becoming a h...
Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
Tether, the crypto firm behind USDT stablecoin, on Monday, announced that it has increased its holding of U.S. Treasuries to 58.1% of its total portfolio while reducing its commercial paper holding to...
Tether Increases Treasury Bill Holdings, Cuts Commercial Paper
According to the company’s latest portfolio update, Tether has further reduced its commercial paper holdings and increased its treasury bill holdings. The reduction in the company’s commercial debt i...
Tether increases reserves in Treasury bills
Yesterday, Tether announced that it had increased its reserves in Treasury Bills to 58%. In June, this percentage was less than 44%. #tether portfolio update. Tether as of 30 September 2022 holds ~58...
Tether commercial paper exposure now under $50M — CTO
Stablecoin issuer Tether has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022. Tether chief technology officer P...
Tether Slashes Commercial Paper, Increases Treasury Bill Holdings in Latest Portfolio Update
Tether CTO Paolo Ardoino has announced a 14.6% increase in Treasury bills and lower commercial paper holdings since June 2022. Paolo added that Tether’s transparency report page will be updated in 45 ...
Tether Reduces Commercial Paper Exposure Under $50M
9 hours ago | 2 mins read Altcoin News The company intends to completely liquidate all of its commercial paper assets. Tether has been preparing to submit financial records to the New York Court. Teth...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves – Coinotizia
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether...
U.S. Treasury bills now make up more than half of Tether’s reserves
U.S. Treasury bills account for 58.1% of stablecoin issuer Tether’s reserves, the firm’s CTO, Paolo Ardoino, said on Monday. Throughout 2022, Tether has repeatedly made it known that it pl...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves – Bitcoin News
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether...
Tether Further Slashes Commercial Paper Holdings, Increases US Treasury Portfolio
Major stablecoin issuer Tether has further reduced its commercial paper holdings to less than $50 million, with more than half of its backing in US Treasury Bills. The continuous reduction in Tether’s...
Tether reduces commercial paper exposure to below $50M, Treasury bills rise to 58.1% of reserve
Insider information on Tether’s reserve revealed that as of Sept. 30, the shadlecoin issuer had increased its U.S. Treasury bills to 58.1% of its reserves while reducing its commercial paper exposure ...
India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens – Regulation Bitcoin News
India’s Directorate of Enforcement (ED) says it has frozen more cryptocurrencies, including bitcoin, tether, and the Wazirx token. The action is part of its investigation of the mobile gaming app E-nu...
USDC vs Tether: How Do They Differ?
Given crypto’s volatility, most investors resort to assets known for stability in order to minimise their losses. One of the ways to battle instability in prices and ensure returns in your asset is by...
USDT Issuer Tether Announces Launch of Top Stablecoin on Polkadot (DOT) Blockchain
The issuer of the largest stablecoin by market cap is announcing the launch of the dollar-pegged crypto asset on Ethereum (ETH) challenger Polkadot (DOT). In a new company blog post, USDT issuer Tethe...
Tether Stablecoin Goes Live On Polkadot Blockchain
Tether USDT is the largest stablecoin by market cap. Also, the token ranks among the top five in the overall market capitalization of all crypto assets. Through several progressive road maps and other...
Polkadot (DOT) Price Pumps On Tether News, Breakout Likely
Polkadot (DOT) could validate a long-term bullish pattern with a breakout from a short-term descending wedge. On Sept. 23, Tether announced that it was launching on Polkadot. This provides a stable cu...
Tether (USDT) Launched on Polkadot
Tether, the operator of the third-largest cryptocurrency with a market cap of almost $70 billion, announced the USDT launch on Polkadot. Thus, the stablecoin is now available on roughly a dozen blockc...
Tether (USDT) Tokens Now Live on the Polkadot Network
Tether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network. Connecting to Polkadot allows users to work with multiple blo...
Top 10 Cryptocurrency by Trading Volume, Tether Beats Bitcoin?
Tether (USDT) has a trading volume of 34 billion, which increased by 70.62% Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started w...
Tether Launches USDT on Polkadot’s Kusama Network
USDT is currently accessible on Polkadot’s Kusama Tether said that it would help client experience and is a piece of its offered to offer multi-chain openness Tether’s CTO likewise uncover...
Polkadot Now Allows Tether (USDT) to Be Minted on Its Blockchain
Tether, the company operating blockchain-enabled platform Tether.to that powers the largest stablecoin by market capitalization and the third largest cryptocurrency, announced today the launch of Teth...
Tether Announces Launch of USDT on Polkadot Network
Altcoin News Eleven different blockchains currently support Tether, USDT. A New York court ordered Tether Operations Limited to submit financial records. Tether, in a statement released on Friday, ann...
Tether Reveals USDT Stablecoin Is Now Supported by Polkadot – News Bitcoin News
Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The st...
Tether Launches USDT on Polkadot Blockchain
Stablecoin issuer Tether is launching its flagship stablecoin USDT on the Polkadot (DOT) blockchain network. The latest expansion comes just a few weeks after the leading stablecoin launched on the Ne...
Tether Addresses Court Order in $1.4 Trillion Lawsuit
Alex Dovbnya Controversial stablecoin issuer has addressed recent ruling in $1.4 trillion market manipulation lawsuit Stablecoin issuer Tether has addressed a recent court order that compels the compa...
Judge Orders Tether to Produce Records Showing Backing of USDT
A judge in New York has ordered stablecoin issuer Tether to produce financial documents proving the dollar backing of USDT, as part of a lawsuit alleging the firm manipulated crypto markets. Tether, ...
U.S Judge Orders Tether To Produce Financial Records Proving USDT’s Backing
Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the o...
Tether responds to U.S. judge’s order to produce documents, calls it ‘a routine discovery’
After the news broke out that a New York district judge ordered Tether (USDT) to produce its financial records to prove the backing of its stablecoin in what some have called a ‘conspiracy lawsuit,’ t...
Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve
The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs ...