Tether Treasury has announced the injection of 1 billion USDT tokens into the economy. This substantial increase in USDT supply occurs as Bitcoin experiences price fluctuations, with its value oscillating between $51,000 and $53,000 in recent times. Paolo Ardoino, the CEO of Tether, elucidated that the creation of the new tokens aims to “replenish inventory”...
USDT
Telegram Adds Support for USDT Transfers
Messenger users can now send stablecoins to each other in chats in the simplest way – USDT has been added to the @Wallet bot in Telegram. The new option expands the messaging app’s ability to buy and sell digital assets, as Tether is a leading stablecoin and one of the most popular cryptocurrencies. To send...
Tether Counted 84 Exposing WSJ Articles about Its Business over the Year
Tether counted 84 “revealing” articles about itself published in The Wall Street Journal (WSJ) during the year. The issuer of the largest stablecoin by capitalization, USDT, has published material complaining that “it continues to be the object of outdated, inaccurate and misleading coverage and accusations” by a major publication. The company calculated that the year...