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Tether, the current heavyweight champ of stablecoin issuers, is reportedly eyeing a jaw-dropping $20 billion raise — a move that could catapult its valuation into the stratosphere at a cool…
Tether is evaluating a raise from “a selected group of high-profile key investors,” to maximize the scale of the company’s strategy across all existing and new business lines, “by several…
Plasma has unveiled Plasma One, a stablecoin‑native neobank and card designed to give global users permissionless access to saving, spending, earning and sending digital dollars in a single app. Targeting…
Toyosa, the exclusive dealer for Toyota and Yamaha in Bolivia, has debuted USDT payments for its sales operations. The initiative, completed in collaboration with Towerbank and Bitgo, will allow customers…
Tether is in the early stages of winding down its mining operations in Uruguay due to high energy costs. Tether had been negotiating new tariffs with UTE, the state‑owned power…
Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on…
On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in…
Israel has seized 187 digital wallets allegedly linked to Iran’s Revolutionary Guards (IRGC) over terrorism financing charges, citing their use in a “severe terror crime.” Legal Basis for Seizure Israel…
According to the stablecoin giant’s latest announcement, Tether tapped Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a move both firms pitch as a federally supervised template for…
According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins…