Tag: Tether cryptocurrency news
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...
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...
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...
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...