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Tether Persists in Providing Stablecoin Credits Amid Transparency Concerns

Growing Reservations Surround Tether and its Stablecoin Offerings In a significant announcement in 2022, Tether, the most valuable stablecoin in the cryptocurrency market, declared its intention to gradually reduce its provision of stablecoin credits against customer collateral to zero by 2024. However, the company continued...

Tether and Lugano City of Switzerland Collaborate to Develop Blockchain Infrastructure

Tether, the issuer of the stablecoin USDT, has announced a partnership with the Swiss city of Lugano to enhance the city's blockchain infrastructure, according to a report released by Tether on August 22. As part of the partnership, Tether will host and operate a transaction...

Tether and Georgia Government Partner for Bitcoin P2P Infrastructure

Tether, the stablecoin issuer, has signed a memorandum of understanding with Georgia Government to develop the infrastructure for Bitcoin peer-to-peer (P2P) technology in the country. The strategic partnership between Tether and the Georgian government focuses on building key infrastructure for a thriving startup ecosystem...

Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy

Reports indicate that Tether, the company behind a digital currency pegged to the U.S. dollar, is expanding its investments in green Bitcoin mining by partnering with Volcano Energy in El Salvador. Green Bitcoin mining refers to the process of mining the cryptocurrency using renewable...

Tether announces its vision to acquire bitcoin and invest part of its profits in it

Tether, the company responsible for the largest stablecoin in the digital economy of cryptocurrencies, announces its strategic vision for the acquisition of bitcoin (BTC) using its profits. The company said in a blog post that it will regularly allocate up to 15% of its...