Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
This was Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion. Go to Source Powered by WPeMatico
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Tether’s game plan in El Salvador: Why invest in Volcano Energy?
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment
Volcano Energy said the funds would go toward developing a 241-megawatt power generation park. Go to Source Powered by WPeMatico
Tether invests in El Salvador’s $1B renewable energy project
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether. Go to Source Powered by WPeMatico
Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips
This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines. Go to Source Powered by WPeMatico
Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance. Go to Source Powered by WPeMatico
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
Over 60% of USDT’s supply is currently issued on the Tron blockchain, according to Tether data. Go to Source Powered by WPeMatico
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. Go to Source Powered by WPeMatico
USDT market share jumps amid economic uncertainty, USDC shrinks
Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture. Go to Source Powered by WPeMatico
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service. Go to Source Powered by WPeMatico
