Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing. Go to Source
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Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI. Go to Source
Tether unveils mining software to boost efficiency and capacity
The recently introduced Tether BTC mining software’s primary aim is to enhance the efficient management of mining capacity, leading to more effective operations. Go to Source
Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion. Go to Source Powered by WPeMatico
Singapore High Court rules crypto personal property, compares it to fiat money
Judge didn’t see any difference between crypto, fiat money or shells, as long as all those objects, physical or not, share value, created by mutual faith in it. Go to Source Powered by WPeMatico
Crypto headcount surges over 100% since 2019 despite implosions
While industry giants like Binance hire and lay off thousands of people, other crypto heavy-weights like Tether currently only have 60 employees. Go to Source Powered by WPeMatico
AI would pick Bitcoin over centralized crypto – Tether CTO
Tether’s CTO Paolo Ardoino believes that artificial intelligence would choose to use Bitcoin over more centralized cryptocurrencies like stablecoins. Go to Source Powered by WPeMatico
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
“Issuing a stablecoin pegged to the HK dollar not only helps to solidify HK’s leadership in the blockchain sector but also propels the progress of the digital HK dollar,” said the report. Go to Source Powered by WPeMatico
Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The collaboration intends to bring changes to public administration and the business sector. Go to Source Powered by WPeMatico
Tether and Bitfinex pledge $100K grant for private operating system
“If you’re serious about security, @QubesOS is the best OS available today,” commented Edward Snowden in a previous tweet. Go to Source Powered by WPeMatico