Tether


Markets

Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In

Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.

Chart of USDT's market cap

Finance

Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 Debut

The company, known for its $140 billion U.S. dollar stablecoin USDT, has made significant efforts to expand beyond its stablecoin operations this year.

Tether CEO Paolo Ardoino (Tether)

Videos

Ripple’s RLUSD Stablecoin Triggers Trading Frenzy

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.

Ripple’s RLUSD Stablecoin Triggers Trading Frenzy

Finance

Tether Invests in MiCA-Compliant Stablecoin Issuer StablR

The crypto company behind USDT, the largest stablecoin, decided to shutter its own euro-pegged stablecoin and back smaller issuers that comply with the EU's MiCA regulations.

Tether CEO Paolo Ardoino (Tether)

Markets

Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates

Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.

Stablecoin market cap (CCData)

Finance

Howard Lutnick: Tether’s Big Backer

The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves.

A portrait of Cantor Fitzgerald's Howard Lutnick (CoinDesk/Pudgy Penguins)

Policy

U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group

One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.

Russian Cybercrime

Markets

XRP Replaces Tether as 3rd-Largest Cryptocurrency While BTC Faces $384M Sell Wall

XRP has surged more than 20% in 24 hours, leapfrogging Tether's USDT.

Table of cryptocurrencies arranged by market capitalization. (Coingecko)

Finance

Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms

The firm's decision comes as crypto companies in the EU prepare to comply with region-wide digital asset rules by the end of this year..

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Twitter/Bitfinex, modified by CoinDesk)

Markets

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData

Demand for stablecoins soared as investors poured capital into cryptos after Trump's election victory.

Stablecoin market capitalization (CCData)