Tether CEO Claims USDT Reached 500 Million Users Worldwide
According to Tether executive Paolo Ardoino, the stablecoin USDT has reached 500 million users worldwide. The figure was posted on his social feed. Based on reports, that user base would represent about 6.25% of the global population. At the same time, USDT’s circulating supply is reported to be roughly $182 billion. Tether Reports 500 Million…
SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round
The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion. This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported…
Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
Tether, the issuer of the world’s largest stablecoin by market capitalization and trading volume, USDT, is reportedly seeking to raise between $15 billion and $20 billion through a private placement, potentially elevating the company’s valuation to around $500 billion. As recent reports highlighted on Tuesday, this ambitious financial maneuver could position Tether alongside some of…
Bitcoin Consolidation Phase: Why Chop Is A Normal Aftermath Of Extreme Volatility
Following a period of intense volatility and a significant price movement, Bitcoin’s market is now experiencing a predictable consolidation phase, characterized by what traders call intraday chop. This is not a sign of weakness but rather a natural and often necessary stage in any market cycle. A Necessary Foundation For The Next Move In an…
Tether Investments Extend Beyond Bitcoin Amid Record Profits — Details
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed a portion of its investment portfolio, revealing an involvement in cryptocurrencies that extend beyond Bitcoin (BTC). The announcement comes as Tether reports record profits in 2024, which have been used to fund these strategic investments in more than 120 companies across multiple sectors. Tether…
Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity
Tether acted swiftly Sunday when it froze $12.3 million worth of USDT on the Tron blockchain. Based on reports from Tronscan, this step targets wallets allegedly linked to money laundering and sanctions evasion. The company has not issued a public statement yet, but on‑chain data left little room for doubt. T3 Financial Crime Unit Shows…
Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO
Tether, the issuer of the USDT stablecoin, has quietly funneled roughly $5 billion of its earnings into a mix of US businesses and government debt over the past two years. It’s putting money where its mouth is. According to CEO Paolo Ardoino, these moves are meant to show how tied the company is to the…
Stablecoins Supply Up By $20 Billion – The Key To Bitcoin’s Next Move?
Early in 2025, there was a significant surge in the stablecoin market, with a $20 billion increase in total supply. With a 10% increase from January, the total supply now stands at almost $205 billion. The spike, according to data from Glassnode, comes after a dip in late 2024, when the supply of stablecoins fell…
Stablecoins Market Cap Up By 65% – Driving The Bull Rally Forward?
Amidst a momentary pause in the current crypto bull run, stablecoins have emerged as a potential factor capable of driving the market forward. Market analyst Burak Kesmeci has provided much insight on this possibility while highlighting the impressive market gains of these stable digital assets in recent times. Stablecoins Surpass All-Time High Market Cap Value…
Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day
On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new Exchange Flow Balance” here refers to an indicator that keeps track of the net amount of a given…