advertisement New York-based hedge fund Fir Tree Capital Management has reportedly placed a short bet on tether, citing question marks over the level of reserves backing the popular stablecoin. The ra...
Tag: Tether
CBDCs Will Not Change the Role of Stablecoins, Says Tether CTO
With the International Monetary Fund (IMF) data showing about 110 countries around the world are currently developing their own Central Bank Digital Currency (CBDC), the subject has garnered a lot of ...
CBDCs will not impact private stablecoin market, says Tether CTO
Paolo Ardoino, the chief technology officer at Tether, believes that the growing developments around central bank digital currencies (CBDCs) globally wouldn’t really impact the role of private stablec...
Swiss City moving forward to make Bitcoin and Tether as Legal tender
The City Mayor said that crypto legalization would be de facto as the Swiss Franc will remain the legal tender Lugano city inside the European country Switzerland is aiming to become the Bitcoin capit...
Lugano to accept Bitcoin and Tether
Polygon (MATIC/USD) and stablecoin Tether are supporting Swiss city Lugano’s aims to become the blockchain capital of Europe. People can pay parking tickets, taxes, tuition fees and utility costs in B...
Swiss City Lugano to Make Bitcoin and Tether its Official De Facto Currency
Lugano, a city in southern Switzerland, has introduced Bitcoin and Tether in addition to its own LVGA Points token as legal tender. The initiative was backed by the collaboration between Tether Operat...
The city of Lugano will accept Bitcoin, Tether and LVGA tokens as ‘de facto’ legal tender
Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as “de facto” legal tender as part of a partnership with Tether. Speaking at the city’...
Swiss City signs partnership with Tether to enable citizens to pay taxes in cryptocurrency
The Swiss city of Lugano is known for technical innovation, and is aiming to establish itself as a hub for cryptocurrencies. The City recently signed a partnership with Tether to establish a center of...
Tether And The City Of Lugano Presented Its “Plan B.” What Did We Learn?
The City of Lugano in Switzerland, the most important Italian-speaking city outside of Italy, is not playing around. The goal of their “Plan B” is to “make Lugano the blockchain hub for the entire Eur...
Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments
The City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay the...
Swiss Town Of Lugano Adopts Bitcoin And Tether As Legal Currency In Significant Crypto Adoption Boost ⋆ ZyCrypto
Advertisement     Residents of Lugano, the biggest city in Switzerland’s Ticino canton, will soon be able to buy houses, cars, and even pay taxes with bitcoin, Tether ...
Bitcoin and Tether Become “De Facto” Legal Tender in Swiss Town
Alex Dovbnya Lugano has fully embraced cryptocurrencies after partnering with Tether, the leading stablecoin issuer. However, it didn’t go as far as El Salvador Lugano, the largest city in Switzerland...
Lugano Introduces Bitcoin, Tether, LVGA as Legal Tender
Key Takeaways Bitcoin, Tether, and LVGA will become official currencies in The City of Lugano. The Swiss city is partnering with Tether to make Lugano a blockchain hub in an initiative dubbed “L...
Ukraine Asked For Donations Through Bitcoin, Ether And Tether
The official tweeter account of Ukraine asked for donations through cryptocurrency on Saturday, just days after Russia invaded their country. They chose Bitcoin (BTC), Ethereum(ETH), and Tether (USDT)...
Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average – Markets and Prices Bitcoin News
After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto...
Tether Is Trading at a Premium in Ukraine Markets
Key Takeaways Tether’s USDT stablecoin is trading at a premium in markets and trading pairs involving the hryvnia (UAH). On Kuna, a popular Ukrainian exchange, USDT/UAH was priced as high as 33....
Lugano the European capital of Bitcoin thanks to Tether
A few days ago, Tether announced that it is helping the Swiss city of Lugano to become the European capital of Bitcoin. #bitcoin and stablecoins are revolutionizing the financial sector. #tether and ...
Tether latest reserve attestation shows slash in commercial paper
Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The...
Tether slashes commercial paper by 21% in latest reserves attestation
USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, dropping from around $30.5 billion to $24.16 billion. Tet...
Latest Tether Figures Show 21% Decrease in Commercial Paper
Tether Holdings Limited has released its latest quarterly assurance opinion, which shows a 21% decrease in commercial paper holdings over the latest quarter. In an accompanying blog post on the Tethe...
Reserves attestation shows Tether cut commercial paper holdings
advertisement Tether has produced its latest attestation report, and it shows the stablecoin issuer has cut its reserve’s commercial paper and cash holdings while beefing up its holdings of mone...
Tether to transform Lugano into Europe’s Bitcoin capital
Collaboration with Tether is about to help Lugano transform itself into Europe’s crypto capital. The issuer of the largest stablecoin on the market announced the partnership on Twitter, revealing it h...
Tether Updates Assets Backing USDT in Latest Report
Key Takeaways Tether has made public the latest breakdown of its asset holdings. Compared to the previous quarter, Tether owns 21% less commercial paper. The new report should help alleviate concerns ...
Tether & The Swiss City Of Lugano Promise “Europe’s BTC Capital.” Is It, Though?
What’s “Lugano’s Plan B”? The 9th biggest city in Switzerland plans to become Europe’s Bitcoin city. And Tether is there to help. How will the two entities accomplish that? On March 3rd, Tether’s Pao...
Tether to Make Switzerland City Ninth Largest Crypto Capital in Europe
Arman Shirinyan Lugano might become first European city to implement blockchain with the help of Tether The issuer of the largest stablecoin on the cryptocurrency market has announced the release of a...
Crypto Markets Steady Over Hopes Of U.S.-Russian Summit; Tether (USDT) Volume Soars
Bitcoin rose nearly 3% to $39,351, while Ethereum added 3.4%. Crypto market capitalization rose 0.4% to $1.87 trillion. Global equity and foreign exchange markets rallied on news that Russian Presiden...
Will Circle And Tether Reign Supreme?
New Stablecoin Legislation On The Hill Brainard warned of the prominence of crypto ads seen in the Super Bowl Experts suggest that CBDC could function as a store of value and means of payment Central ...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....
As Congress weighs stablecoins, Tether emerges as a regulatory boogeyman
As Congress mulls new stablecoin laws, members clearly want to keep anything like the stablecoin Tether from cropping up again. For context, the House Financial Services Committee and the Senate Banki...