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Tether, the largest company in the digital assets industry, announced a strategic investment in Zengo Wallet, a keyless yet self-custodial crypto wallet. Since its launch in 2019, Zengo has served over 1.5 million users without a single wallet being compromised, thanks to its innovative approach that eliminates traditional seed phrase vulnerabilities. The partnership will enhance … Read more
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were … 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, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its Salvadoran skyscraper move, and crypto remittance volumes remain marginal in El Salvador. Brazilian Lawmaker Proposes … Read more
Tether CEO Paolo Ardoino predicts bitcoin users will transition to quantum-resistant addresses long before advanced computers pose a genuine threat to its cryptography, though millions in lost coins — potentially including Satoshi Nakamoto’s stash — could face risks. Quantum Computing No Immediate Threat to Bitcoin, Says Tether Chief; Lost Coins May Re-Enter Market Ardoino emphasized … Read more
Tether has partnered with Reelly Tech to integrate USDT transactions into the UAE real estate market, allowing 30,000+ agents to leverage stablecoins for streamlined property transactions. USDT to Power Real Estate Transactions in UAE Tether, one of the world’s largest stablecoin issuers has announced the signing of a Memorandum of Understanding (MoU) with Reelly Tech, … Read more
Tether is developing AI-powered applications, including a bitcoin wallet assistant, translation tools, and voice assistants, aiming to enhance user experience and privacy. Development of Ai-Powered Tools by Tether Tether, renowned for its USDT stablecoin, is expanding into artificial intelligence (AI) with a suite of innovative applications. Paolo Ardoino, Tether’s CEO, recently unveiled previews of these … Read more
Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether Opens up on 70-Story Skyscraper Construction in El Salvador Tether, the company behind USDT, a stablecoin worth close … Read more
Recent data reveals the stablecoin sector has grown by an additional $14.429 billion in value since Jan. 1, signaling renewed momentum in digital asset markets. Leading this upward trajectory, the dollar-pegged sky dollar (USDS) experienced a 116% growth spurt during the same period, outpacing its peers in the top ten pack to claim the most … Read more
Tether Holdings’ Q4 2024 report showed the company’s dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4 2024 attestation, confirming record-breaking financial performance with net profits exceeding $13 billion for the year. The report, conducted by BDO, … Read more
Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an exceptional trading experience to European clients long term. The exchange said it will halt all spot trading … Read more
