Showing posts with label tether. Show all posts
Showing posts with label tether. Show all posts

Saturday, February 17, 2024

U.S. Regulators Can Influence Tether’s Offshore Usage: JPMorgan

Tether’s (USDT) dominant position as the largest stablecoin faces regulatory challenges and risks from various authorities and jurisdictions as they seek to impose more transparency and compliance on stablecoins.

The stablecoin is vulnerable due to its dependence on the American market and pending regulations. Despite Tether’s headquarters not being based in the U.S., regulators can exert influence over its offshore usage through the Office of Foreign Assets Control (OFAC), JPMorgan (JPM) said in a research report Thursday. 

Monday, December 5, 2022

🟢⚪️ Tether (USDT) will launch Tether Gold (XAU₮) and Euro Tether (EUR₮) on the Huobi exchange on December 8th

Tether, the company issuer of the first and most widely used $USDT stablecoin, has announced its plans to launch Tether Gold (XAU₮) and Euro Tether (EUR₮) on Huobi on 8 December, 2022. After the launch, Huobi's users will get access to the stablecoin that represents ownership of physical gold and the Euro-pegged stablecoin. 

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record

The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000 It's deja vu all ove...