Tag - tether
22Apr

Mercuryo announces fiat-to-crypto on-ramp services for Tether on TON

Mercuryo, a global payments company, has partnered with TON to introduce fiat-to-crypto conversion services for USDT. The initiative began with integrating Tonkeeper, a self-custody wallet that supports transactions in Layer 1, The Open Network (TON), and other digital currencies. Aviessa Khoo, Executive Director at Mercuryo, Singapore, expressed satisfaction with the introduction of on-ramp services for Tether tokens (USDT)...

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20Apr

TON jumps 17% as Tether mints $10m in USDT on TON blockchain

Tether has allegedly minted $10 million in its largest stablecoin by market value on the TON blockchain in a move signaling potential expansion. Tether Holdings Ltd.’s USDT, the world’s largest stablecoin, is now available on the TON blockchain, as the firm’s transparency report indicates an issuance of $10 million on the network. As of press time, Tether made no public...

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20Apr

TON Foundation allocates 11m Toncoin to reward USDT users

The TON Foundation team announced the launch of an incentive program dedicated to cooperation with Tether. According to a recent post, 11 million Toncoin (TON) have been allocated to reward early USDT users in the TON network. The campaign aims to encourage the adoption of the stablecoin online. “USDt on TON will be accompanied by fully integrated...

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19Apr

Tether to restructure, expand beyond stablecoin sector

Tether announced a reorganization to expand into other areas besides stablecoins. Tether has announced reorganizing its structure into four divisions and a new vision to expand beyond the stablecoin sector. According to a press release, the issuer of USDT stablecoin intends to expand its influence in the web3 industry significantly. According to available information, four new divisions will operate within the updated...

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16Apr

Tether joins forces with Fuze for educational venture in Turkey and MENA

Stablecoin issuer Tether is teaming up with Fuze to educate individuals and financial institutions in Turkey and the Middle East about crypto. Tether, the company behind the largest stablecoin by market value, has signed a Memorandum of Understanding (MOU) with Fuze, a crypto infrastructure provider, to promote crypto education in Turkey and the Middle East in...

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16Apr

Why is crypto down today? Bitcoin sheds 4.3% in 24 hour trading

Bitcoin (BTC) has declined by 4.3% over the past 24 hours, resulting in a widespread collapse across the broader crypto market, as investors exit the market at breakeven on the back of the recent recovery push. The cryptocurrency market is witnessing a sharp decline following the latest rebound that saw multiple assets record double-digit gains. Bitcoin reclaimed the...

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05Apr

Tether again mints 1b USDT on Tron network

Tether mints another batch of USDT stablecoins, issuing two billion in two days. Lookonchain experts note that Tether, the issuer of the USDT stablecoin, has authorized the issuance of another billion coins on the Tron blockchain. The new release of 1 billion USDT occurred just two days after a similar release on April 2. At the time of writing, Tether...

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03Apr

Tether grants $100k to BTCPay Server Foundation

Tether recently announced a $100,000 grant to the BTCPay Server Foundation, solidifying its support of the free and open-source software movement. The BTCPay Server Foundation is renowned for its open-source payment processor software, utilized and tailored by numerous merchants and businesses globally to facilitate Bitcoin (BTC) and USDT transactions. The BTCPay Server Foundation is renowned for its...

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