Tether has expanded its push into the US financial system by leading a $7 million funding round for Pact Labs to bring its USAT stablecoin into a payroll market that processes more than $11 trillion in annual payments. According toβ¦
Bolivia has moved closer to recognizing Tetherβs USDT as an official payment option alongside the boliviano and the U.S. dollar as the country continues to grapple with a prolonged shortage of foreign currency. According to reports from Bolivia, government officialsβ¦
Hyundai Motorβs U.S. and Mexican operations have completed a pilot cross-border treasury payment using Tetherβs USDT stablecoin, settling a $20,000 transfer in about seven minutes over the Avalanche blockchain. According to Tether, the proof-of-concept involved Hyundai Motor America converting U.S.β¦
Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motorβs U.S. and Mexican entities in about seven minutes using USDT on Avalanche. According to a Hyundai Card press release, the proof-of-concept (PoC) involvedβ¦
Tether has invested $20 million in Mercado Bitcoin to support the Brazilian companyβs expansion across tokenized assets, blockchain payments, lending, and on-chain capital markets. According to a July 7 announcement from Tether on Tuesday, the investment forms part of aβ¦
Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
Tether has confirmed that USDT will return to Bitcoin as a native asset through the RGB protocol, with the launch expected within weeks after more than eight years of protocol development. According to an exclusive interview published by Bitcoin Magazine,β¦
Revolut has confirmed it will remove Tetherβs USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. According to an email sent by Revolut to affected customers, the fintech companyβ¦
Nigel Farage has been reported to the UK Parliamentβs standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in ways that could benefit one of his largest political backers, a major investor in stablecoin issuerβ¦