Tether

Circle’s USDC Stablecoin Sees 18% Growth, Crests $50B in Circulation
Circle’s USDC Stablecoin Sees 18% Growth, Crests $50B in Circulation
February 28, 2022  |  Cryptocurrency

The Circle USDC stablecoin has passed $50 billion in total circulation, Coindesk reported Monday (Feb. 28). The coin is still the second biggest stablecoin by...

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Stablecoin Issuer Tether Freezes $1M in USDT
Stablecoin Issuer Tether Freezes $1M in USDT
January 04, 2022  |  Cryptocurrency

Top stablecoin issuer Tether froze more than $1 million worth of USDT in a private digital wallet last week, effectively making it unusable.  Ethereum block...

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What Senate Banking Committee Chair Sherrod Brown Should Be Asking Tether
What Senate Banking Committee Chair Sherrod Brown Should Be Asking Tether
November 24, 2021  |  Cryptocurrency

The chairman of the Senate Banking Committee sent the issuers of a half-dozen stablecoins letters Wednesday (Nov. 24), demanding they explain how their tokens are...

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Senate Wants Answers from Tether CEO 
Senate Wants Answers from Tether CEO 
November 24, 2021  |  Cryptocurrency

U.S. Senate Banking Committee chairman Sherrod Brown recently sent a letter to Tether Holdings Limited CEO Jean-Louis van der Velde expressing concerns about stablecoins and...

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Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
Tether Must Pay $41M After Misleading Customers About Stablecoin Backing
October 17, 2021  |  Cryptocurrency

Stablecoin platform Tether will pay $41 million after the Commodity Futures Trading Commission (CFTC) said the company misled customers and potential buyers for almost three...

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Tether Faces Increased Regulatory Scrutiny 
Tether Faces Increased Regulatory Scrutiny 
October 07, 2021  |  Cryptocurrency

Cryptocurrency platform Tether is facing increasing scrutiny from regulators as they try to understand its cash reserves, organizational structure and more, according to a Bloomberg...

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Today In Payments: Amazon Refutes Bitcoin Rumors; Goldman, Fiserv Team On X-Border Supplier Payments
Today In Payments: Amazon Refutes Bitcoin Rumors; Goldman, Fiserv Team On X-Border Supplier Payments
July 27, 2021  |  News

In today’s top news, Amazon has denied reports that it would soon be accepting bitcoin payments, and Goldman Sachs and Fiserv have teamed up to...

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Tether Probe May Signal Bumpy Regulatory And Legal Path For Stablecoins
Tether Probe May Signal Bumpy Regulatory And Legal Path For Stablecoins
July 26, 2021  |  Cryptocurrency

Decentralized finance is in its early innings and strife has already landed at the door of stablecoin, the purpose-built cryptocurrency that was designed to be...

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Stablecoin Tether Faces DOJ Probe
Stablecoin Tether Faces DOJ Probe
July 26, 2021  |  Security & Fraud

The U.S. Department of Justice (DOJ) is doing a deep dive into Tether to ascertain whether the bosses behind the stablecoin held back information from...

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