The fusion of cryptocurrencies and the sports industry is not something new. Tether joins this trend with the recent purchase of a minority stake in Juventus FC.
The goal of this investment is to integrate cryptocurrencies into daily life and revolutionize the sports sector.
According to reports,…
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Tether
Lawyers in Bolivia propose using Tether for financial operations
The firms Iver von Borries and Javier Romero Mendizábal, in Bolivia, presented to the Senate the proposal to legally recognize the Tether index for financial operations due to the difficulty of maintaining the local currency, the boliviano,…
El Salvador continues to issue passports to investors
Recently, seven foreigners have collected their Salvadoran passports as part of the “Adopting El Salvador” programme. This innovative project, announced via the social network X (formerly known as Twitter) by Bitcoin Beach, has simplified…
Tether has not yet confirmed whether he will leave the Tron network
The issuer of the stablecoin Tether has not provided a definitive answer on whether or not it will cease support for the Tron network, after rival Circle stopped minting its stablecoin on the blockchain on Tuesday.
In a statement, Tether…
Tether has enough backing for its USDT
Howard Lutnick, chief executive of Cantor Fitzgerald, a US financial services company, spoke about the reserves of Tether's USDT stablecoin, stating that the cryptocurrency is adequately backed by liquid assets.
During an interview with…
El Salvador inaugurated a cryptocurrency investment program
The Salvadoran government has inaugurated the "Adopta El Salvador Freedom Visa Program", aimed at attracting 1,000 investors willing to contribute one million dollars in Bitcoin or the stable cryptocurrency USDt annually.
The Press…
Tether managed to issue up to 4 billion USDT
Over the past four weeks, stablecoin issuing giant Tether has minted an impressive total of 4 billion USDT tokens, further consolidating its leading position in the market.
The Tron blockchain hosted the most recent issuance of Tether,…
Tether will start mining cryptocurrencies in Uruguay
In a May 30 announcement, Tether claimed it intends to establish a mining division in the South American nation "in collaboration with a licensed local company," while also investing in Uruguay's energy production. The stablecoin issuer…
Tether has a reserve surplus of $2.44 billion
Tether Holdings Limited released its assurance report for the first quarter of 2023, reaffirming the accuracy of Tether's Consolidated Reserves Report (CRR). The CRR introduces additional categories to increase transparency in information…
Tether will need to prove its backing in USDT
A court in the United States asked the company that owns the stable currency Tether to provide documents that demonstrate the backing in dollars of the digital asset USDT.
New York Southern District Court Judge Katherine Polk Failla issued…
Euro-pegged stablecoins grow in popularity
The cryptographic system goes much further than Bitcoin (BTC) and Ethereum (ETH), which bring together thousands of tokens of a different nature. Among which stand out the stablecoins, cryptocurrencies that are quoted anchored to a fiat…
Tether stands out as an instrument of financial freedom
The current CTO of Bitfinex, Paolo Ardonio recently stated that the Tether currency is a stablecoin that improves what Bitcoin offers, because it manages to hold up in times of volatility.
This peculiarity is very useful, especially in…