Tether is working to align its robust operations with legislative frameworks while maintaining its leadership position in the market. According to Tether CEO Paolo Ardoino, the company is actively collaborating with US lawmakers to help shape future stablecoin regulations. Ardoino, speaking to FOX Business journalist Eleanor Terrett, emphasized Tether’s commitment to ensuring that its voice […]
Tether Strengthens Reserves with Bitcoin, Gold, and Treasury Bonds for Added Stability
Tether’s CEO, Paolo Ardoino, recently updated the public on the company’s Bitcoin and other asset reserves via the platform X. Ardoino stated that Tether holds over 82,000 Bitcoin (BTC), valued at approximately $5.8 billion based on the current Bitcoin price of $72,433. Tether’s Reserves: Bitcoin, U.S. Treasury Bonds, and Gold Besides its substantial Bitcoin holdings, […]
Tether Launches Dirham-Backed Stablecoin in the UAE
Tether is partnering with Phoenix Group and Green Acorn Investments in the United Arab Emirates to create a dirham-linked stablecoin aimed at facilitating international trade and remittances. Tether, the largest stablecoin provider in the digital asset sector, has announced its plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to […]