CoinDesk Weekly Recap: Dominance of Stablecoins in Current Market Trends
Positive momentum for stablecoins is evident across various markets, highlighting significant gains and developments.
Recent in
Positive momentum for stablecoins is evident across various markets, highlighting significant gains and developments.
Tether has expressed its intention to gain a board seat at Juventus, where it holds a significant share.
The U.S. Senate is nearing a decision on the GENIUS Act, which may reshape regulations for Tether and other stablecoin issuers.
Tether has taken a significant step in diversifying its investment portfolio, purchasing a one-third stake in Elemental Altus for approximately $89.2 million.
This week's Africa crypto highlights include calls for contemporary legislation in South Africa and growing acceptance of cryptocurrencies by banks in Kenya, as Tether makes significant investments.
Tether's latest investment aims to penetrate the growing crypto market in Latin America by backing a leading exchange in Chile.
Brandon Lutnick, Chairman of Cantor Fitzgerald, reveals his personal involvement in confirming Tether's asset backing during a recent conference.
Tether makes a significant investment in Bitcoin as part of a broader strategy to integrate traditional investment avenues into the digital currency space.
The bitcoin treasury firm completed the acquisition using Tether at an average price of $95,320 per BTC as part of a merger deal.
Tether's USDT has surpassed a $150 billion market cap, highlighting significant growth trends in the stablecoin market as predictions suggest massive potential increases by 2030.
Tether partners with Zengo to enhance self-custody solutions and advance global adoption of stablecoins.
Tether and LINE have teamed up to facilitate the use of USDT within LINE's app, enabling users to engage in stablecoin transactions seamlessly.
Tether plans to venture into the $25 billion cryptocurrency AI sector, according to CEO Paolo Ardoino, with a new platform called Tether.AI that supports Bitcoin and USDT transactions.
Paolo Ardoino criticizes EU laws that could lead to bank insolvencies by forcing stablecoin firms to rely on weak banks.
Tether's CEO, Paolo Ardoino, discusses the company’s intentions to launch a U.S.-focused stablecoin dependent on new legislation.
Tether expands its operations by securing a majority stake in Adecoagro, indicating a strategic foray into real-world asset tokenization.
In a bold statement at the TOKEN2049 event, Tether's chief executive likens fiat currencies to memecoins, suggesting they share unpredictable traits.
Patrick McHenry, a former congressman instrumental in crypto legislation, anticipates significant regulatory activity in the summer as tensions rise between leading stablecoin operators.
An exploration of Tether's recent venture into the precious metals market and its backing of Tether Gold.
Tether Gold has secured a market capitalization of $770 million, bolstered by gold held in a Swiss vault, according to their latest financial attestation under El Salvador's new regulations.
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