Representatives for the financial services firm and the US Commerce secretary’s family declined to reveal the amount. An ethics expert said the loan may be ‘another favor his family owes Tether.’ ...
In an X post, Kobeissi Letter noted that Tether’s gold holdings hit a record $12.9 billion in September, equal to 104 tons of actual gold. The value has more than doubled since the start of the year.
Tether, the world’s largest issuer of dollar stablecoins, has earned approximately $5 billion (around 7.12 trillion Korean won) from gold held as reserves. A stablecoin is a type of virtual currency ...
Tether CEO Paolo Ardoino shared images of Bolivian duty-free goods priced in USDt, suggesting the stablecoin's growing role as a reference currency in a struggling economy. Tether CEO Paolo Ardoino ...
A New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer Tether, according to a recent court filing. The bankrupt crypto lender ...
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