Global #Tether

In a significant shift in the stablecoin market, Circle's USD Coin (USDC) has been steadily gaining ground, leading to a notable decline in Tether's (USDT) market share.

Tether Operations Limited, the leading company in the digital asset industry, has announced a strategic collaboration with the Vietnam Blockchain Association (VBA) to promote blockchain and digital asset education throughout Vietnam.

The Philippines has taken a significant step into the digital age by adopting Tether's USDT stablecoin as a payment option for its Social Security System (SSS) contributions.

Tether, a dominant player in the cryptocurrency industry, has launched a revolutionary new platform called Alloy by Tether. This innovative project aims to redefine stability within the digital economy by introducing aUSD₮, the first in a series of gold-backed stablecoins.

Tether, the issuer of the world's most popular stablecoin USDT, has come under scrutiny from European regulators. The controversy stems from Tether's continued issuance of large amounts of USDT – reportedly over 1 billion tokens every month.

Tether, the world's largest stablecoin issuer, is reportedly planning to invest over $1 billion in deals in the next year, according to a Bloomberg report. The company is looking to invest in a variety of assets, including cryptocurrencies, blockchain startups, and traditional financial assets.

The TON Foundation has revealed a collaboration with Tether aimed at expanding the availability of USDT on the TON blockchain to a wider range of crypto communities worldwide. Their strategy includes incorporating TON-based USDT into over a hundred exchanges and payment platforms across established and emerging markets within the next few months.

Tether, a prominent player in the digital asset industry, has announced an $18.75 million investment in XREX Group, a blockchain-based financial institution. This investment aligns with Tether's goal of advancing crypto adoption and financial inclusivity worldwide.

If you were to ask a typical Bitcoin enthusiast about the most influential mining company, Bitmain would likely come up.

In a notable move, Tether, the issuer of the popular stablecoin USDT, has invested $100 million in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. The deal also includes the option for Tether to acquire an extra $50 million worth of shares within the next year, further solidifying its foothold in the Bitcoin mining industry.

Bitdeer, a cryptocurrency mining firm headed by Jihan Wu, is securing fresh funding from Tether, the entity behind the prominent stablecoin USDT. Tether has committed to investing up to $150 million in Bitdeer through a private placement deal.

Nick van Eck, CEO of the stablecoin issuer Agora, recently commented on “yield-bearing stablecoins,” stating they are “not money or stablecoins.” He clarified that stablecoin issuers offering passive income deviate from the core purpose of stablecoins.