Crypto bank Anchorage Digital has received a $100 million equity investment from El Salvador-based stablecoin provider Tether, valuing the bank at $4.2 billion and giving Tether a minority interest, ...
Tether's inability to reassure the industry about its reserves is worrying. USDT is the biggest stablecoin by market cap. Circle's USDC strives for greater transparency and regulatory compliance. If ...
In a darkened San Salvador hotel ballroom, Paolo Ardoino, the billionaire CEO of Tether Holdings SA, set out a series of bleak predictions. Flanked by pictures of storm clouds, he prophesied worldwide ...
If Tether were a publicly traded company, it would rank among the 20 largest companies in the United States. Tether made more than $13 billion in profit last year, and is exploring new ways to invest ...
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