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Thailand’s Securities and Exchange Commission has officially approved Tether’s USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia. Thailand Approves Tether’s USDT, Paving Way for Stablecoin Payments Tether’s USDT, the world’s largest stablecoin by market cap, has been officially approved by … Read more
Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against Garantex, which allege ties to Russian governmental entities and illicit networks, particularly amid Russia’s military operations in Ukraine. Garantex Warns Users: ‘All USDT in Russian … Read more
Tether has appointed Simon McWilliams as its new Chief Financial Officer (CFO) to lead its efforts toward a full financial audit, reinforcing its commitment to transparency. The move comes as Tether expands its institutional reach. Tether Appoints New CFO to Drive Full Audit, Reinforcing Transparency Efforts Tether, the world’s largest stablecoin issuer has appointed Simon … Read more
Tether CEO Paolo Ardoino explained that the concept involves the installation of solar-powered kiosks in Africa to recharge batteries, with payments made through a monthly subscription in bitcoin, USDT, or local currency. Tether Plans to Enter the Retail Battery Charging Business in Africa Tether, the multi-billion-dollar stablecoin company, has revealed a new business model that … Read more
Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis and Ournetwork. As the largest stablecoin with a $293 billion market cap, USDT is the third most valuable digital asset after bitcoin and ether, and … Read more
Ardoino remarked that he envisions a financial reset that would bring fiat currencies to their knees, rendering USDT useless. In this dire situation, bitcoin will become the only alternative to avoid devaluation and hyperinflation. Tether CEO Paolo Ardoino Heralds the Eventual Death of USDT Tether CEO Paolo Ardoino has come out as a bitcoin maximalist, … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how Tether is expanding both its foothold and its business to pivot from a model that is on the verge of a dramatic expansion to a Latam-focused general crypto company. Latam … Read more
The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital payments in retail commerce. Rezolve Ai Bets Big on Bitcoin With Billion Dollar … Read more
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Brazil approves the first XRP ETF, Tether presents an offer to acquire a majority stake in Adecoagro, and President Milei denies wrongdoing regarding Libra’s endorsement. Brazil Leapfrogs by US Greenlighting … Read more
The deal, which would give Tether ownership of 51% of Adecoagro, would involve a disbursement of $385 million. Tether is already invested in Adecoagro, which operates in Argentina and Brazil. Tether Bids to Acquire Majority Stake in Adecoagro Tether, one of the largest companies in the cryptocurrency industry, is looking to farm more than treasury … Read more
