Tether Takes 8.2% Stake in Antalpha, Backs Bitcoin Mining Finance
Tether disclosed an 8.2% stake in Antalpha through a 13D filing, backing a Bitcoin mining finance company as it expands investments across crypto infrastructure.
Tether disclosed an 8.2% stake in Antalpha through a 13D filing, backing a Bitcoin mining finance company as it expands investments across crypto infrastructure.
Singapore Gulf Bank enables a new feature that allows institutional clients to convert fiat currency to stablecoins, as the stablecoin sector continues to grow.
Stablecoin issuer Tether has announced that it will lead a $150 million recovery program for the Drift Protocol, which suffered a $280 million exploit.
AllUnity is expanding its MiCA-compliant EURAU stablecoin into liquidity pools on DEXs such as Uniswap and Raydium amid ongoing regulatory uncertainty over DeFi.
Tether has launched tether.wallet, a self-custodial mobile wallet supporting USDT, XAUT, USAT and Bitcoin with fees paid in the transferred asset instead of gas tokens.
The Fellowship PAC endorsed five Republican candidates and reported $1.5 million in advertising for two candidates after months of inactivity.
Tether is pushing investors to commit within two weeks at a $500 billion valuation, but may delay the raise if demand falls short amid investor skepticism.
Standard Chartered says stablecoin velocity has doubled in two years amid rising payments and TradFi activity, led by USDC and new AI-related flows.
Nium launches a platform enabling businesses to issue stablecoin-funded cards and convert balances to fiat at the point of sale via Visa and Mastercard.
Tether has reportedly brought in KPMG for its first full audit of USDT reserves and PwC for systems work ahead of its US expansion.
Swan Bitcoin has applied to subpoena Cantor Fitzgerald and ex-CEO Howard Lutnick, seeking discovery related to a failed mining venture with Tether.
Although Tether has previously made statements regarding its reserves, it reported the accounting firm will conduct a ”full independent financial statement audit.”
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