Tether, TON team up with mobile app for USDT-to-fiat transactions
The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT. Go to Source
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Deutsche Bank joins Singapore’s asset tokenization project
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether. Go to Source
Tether freezes $5.2 million in USDT linked to phishing scams
Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies. Go to Source
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply, Garlinghouse clarified that his comments were not an attack on Tether but … Read more
Tether discredits Ripple CEO comments over U.S. scrutiny
Tether has highlighted its compliance efforts after Ripple’s CEO said the U.S. government has its sights set on USDT. Go to Source
It’s ‘clear’ the US government is going after Tether: Ripple CEO
Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an “interesting one to watch.” Go to Source
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist networks and nations under sanctions, such as Russia, aiming to circumvent U.S. economic sanctions. “The U.S. … Read more
Tether slams Deutsche Bank over suggestion its stablecoin could fail
Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines. Go to Source
Tether scales crypto payments in Eastern Europe with new investment
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan. Go to Source
Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money
Maximilien De Hoop Cartier, a descendant of the family famous for their French luxury goods Cartier, has been indicted for his participation in a network that allegedly used several shell companies to launder drug trafficking money proceeds using USDT. Cartier and five Colombian individuals allegedly conspired to directly launder $14.5 million and used these shell … Read more