Tag: Tether cryptocurrency news

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Tether’s Trade Finance Division Successfully Funds First Oil Deal with USDT

Tether's trade finance division recently made headlines by successfully funding its first oil deal using USDT, the company's stablecoin. The $45 million crude oil transaction took place in the Middle East, marking a significant...
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Tether’s USDT Stablecoin Dominates Market with Over 75% Share

Tether's USDT Stablecoin Continues to Dominate Market with Over 75% ShareIn the fast-evolving world of cryptocurrencies, Tether's stablecoin USDT has emerged as a dominant force, capturing over 75% of the stablecoin market. This marks...
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Tether Taps PayPal Executive Amid Ongoing U.S. Regulatory Concerns

Tether, the issuer of the leading stablecoin USDT, has made a strategic move by hiring Jesse Spiro, a government-affairs veteran from PayPal and Chainalysis, as its new government-affairs chief. With ongoing regulatory concerns in...
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Enhanced Government Relations: Tether’s USDT Designated as Distinct Property in UK

Tether, a leading stablecoin issuer, is taking steps to enhance its government relations after the UK designated its USDT stablecoin as a distinct form of property. This move signals a significant milestone for Tether...