TetherUpdate
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Tether report that they are fully regulated.
- The Company continues to diligently assist U.S. law enforcement and regulatory agencies.
- Tether actively blocks citizens on the sanctions list (SDN) and involved in money laundering (OFAC).
- Determined to actively assist the US DOJ, their secret service, and the FBI.
#TetherTreasury #Tether #TetherUpdate #Regulation #Regulations
- The Company continues to diligently assist U.S. law enforcement and regulatory agencies.
- Tether actively blocks citizens on the sanctions list (SDN) and involved in money laundering (OFAC).
- Determined to actively assist the US DOJ, their secret service, and the FBI.
#TetherTreasury #Tether #TetherUpdate #Regulation #Regulations
Tether (USDT) is Currently "Dominating" the Stablecoin Supply.
Tether's USDT currently accounts for over 70% of the total stablecoin supply circulating in the market, surpassing its competitors in the year 2023.Tether (USDT) is currently "dominating" the stablecoin supply.Tether's market share in the stablecoin sector, as the company issuing USDT, has increased from 50% to 71% throughout the year 2023, according to statistics from CoinGecko.Market capitalization changes of leading stablecoins over the past year. Source: CoinGecko (January 15, 2024).The latest Tether (USDT) issuance of 1 billion USD occurred on January 12, further propelling the market capitalization of this stablecoin to a new record, approaching the 100 billion USD mark in just one year. This figure even surpasses the GDP of countries like Guatemala and Bulgaria.Meanwhile, Tether's primary competitor, Circle, the issuer of the USDC coin, has recently filed for an IPO with the SEC. Circle currently has 27 billion tokens in circulation and started 2023 with a total of 48 billion USDC.Additionally, leveraging a periodic profit allocation strategy, Tether's Bitcoin investment portfolio is currently valued at around 3 billion USD as of January 4, 2024, continuing to be a significant source of income for the company.Tether has recently undergone internal personnel changes, with longtime CTO Paolo Ardoino being promoted to the position of CEO, replacing Jean-Louis van der Velde at the end of the past year. In his new role, Ardoino is working to foster closer ties between Tether and U.S. law enforcement agencies, demonstrated by several instances of collaboration, including freezing wallets on the U.S. Office of Foreign Assets Control (OFAC) sanctions list and seizing over 435 million USD in illicit funds.#TetherUpdate #dyor
"UN Identifies USDT as Prime Tool for Scams and Money Laundering"
Tether says it is disappointed with the UN’s analysis for focusing on risks associated with USDT while ignoring the token’s benefits in developing economies.
Read more on: https://thecryptobasic.com/2024/01/16/tether-reacts-as-un-highlights-usdt-as-preferred-payment-method-for-scams-and-money-laundering/
#TetherUpdate #TetherTreasury #cryptocurrecny #CryptoNetworking #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/16/tether-reacts-as-un-highlights-usdt-as-preferred-payment-method-for-scams-and-money-laundering/
#TetherUpdate #TetherTreasury #cryptocurrecny #CryptoNetworking #CryptoNews🔒📰🚫
⚡️ Paolo Ardoino, the CEO of Tether , announced the launch of 5 new projects in 2024!
This comes as the company has reached an ATH market cap for #USDT , minting more than $4B in the last 4 weeks 📈
🧐 Do you think #Tether will conquer the #Crypto industry in 2024?
#TetherUpdate #CryptoNews🔒📰🚫
This comes as the company has reached an ATH market cap for #USDT , minting more than $4B in the last 4 weeks 📈
🧐 Do you think #Tether will conquer the #Crypto industry in 2024?
#TetherUpdate #CryptoNews🔒📰🚫
#TetherUpdate
Tether, the largest stablecoin USDT , has launched a new official recovery tool. This tool aids in moving USDT holdings between blockchains smoothly, reducing potential disruptions caused by blockchain interruptions. It guarantees uninterrupted access to USDT for its wide user base.
The recovery tool provides users with a streamlined process to initiate the migration of USDT from affected blockchains. Through a user-friendly interface, individuals can verify ownership of their addresses on the unresponsive blockchain and designate a recipient address on another supported blockchain.
Tether, the largest stablecoin USDT , has launched a new official recovery tool. This tool aids in moving USDT holdings between blockchains smoothly, reducing potential disruptions caused by blockchain interruptions. It guarantees uninterrupted access to USDT for its wide user base.
The recovery tool provides users with a streamlined process to initiate the migration of USDT from affected blockchains. Through a user-friendly interface, individuals can verify ownership of their addresses on the unresponsive blockchain and designate a recipient address on another supported blockchain.
📈 Why is Tether (USDT) Trending?
👔 Tether CEO Paolo Ardoino announced that the company's stablecoin USDT has reached a significant market capitalization of $91.5 billion. This surge underscores the growing prominence of the stablecoin in the cryptocurrency market. Ardoino attributes this success to the team's unwavering commitment to innovation and responsiveness to community feedback.
💼 Diverse Investments and Collaborations by Tether
🚀 Tether's expansion goes beyond its operations with stablecoins. Ardoino introduced a portfolio of diverse investments, including projects like Holpunch, Synonym, Northern Data, and Tether Energy. These ventures represent the company's ambitious foray into peer-to-peer technologies, Bitcoin product accessibility, artificial intelligence infrastructure, and Bitcoin mining.
🔐 Additionally, Tether has strengthened its commitment to compliance and security. The company collaborates with key U.S. government agencies, including the Secret Service and the FBI. This collaboration aims to combat crime and contribute to creating a safer financial ecosystem, reinforcing Tether's commitment to responsible management in the digital currency space.
🔮 Looking Ahead to 2024
🚀 Looking into the future until 2024, Paolo Ardoino hinted at the launch of innovative products and the improvement of existing offerings. This forward-thinking approach signifies Tether's ongoing commitment to innovation and growth, promising exciting developments in the digital currency sector.
🌐 Notably, these recent achievements and future plans highlight the dynamic development of the company in the world of digital currencies. From reaching a new record market capitalization to participating in various innovative projects and strengthening partnerships with law enforcement agencies, Tether sets a benchmark in the industry. Anticipation for new projects in 2024 intensifies excitement, demonstrating the issuer's relentless pursuit of excellence and innovation.
#TetherUpdate #Cryptocurrrency #TrendingTopicChallenge
👔 Tether CEO Paolo Ardoino announced that the company's stablecoin USDT has reached a significant market capitalization of $91.5 billion. This surge underscores the growing prominence of the stablecoin in the cryptocurrency market. Ardoino attributes this success to the team's unwavering commitment to innovation and responsiveness to community feedback.
💼 Diverse Investments and Collaborations by Tether
🚀 Tether's expansion goes beyond its operations with stablecoins. Ardoino introduced a portfolio of diverse investments, including projects like Holpunch, Synonym, Northern Data, and Tether Energy. These ventures represent the company's ambitious foray into peer-to-peer technologies, Bitcoin product accessibility, artificial intelligence infrastructure, and Bitcoin mining.
🔐 Additionally, Tether has strengthened its commitment to compliance and security. The company collaborates with key U.S. government agencies, including the Secret Service and the FBI. This collaboration aims to combat crime and contribute to creating a safer financial ecosystem, reinforcing Tether's commitment to responsible management in the digital currency space.
🔮 Looking Ahead to 2024
🚀 Looking into the future until 2024, Paolo Ardoino hinted at the launch of innovative products and the improvement of existing offerings. This forward-thinking approach signifies Tether's ongoing commitment to innovation and growth, promising exciting developments in the digital currency sector.
🌐 Notably, these recent achievements and future plans highlight the dynamic development of the company in the world of digital currencies. From reaching a new record market capitalization to participating in various innovative projects and strengthening partnerships with law enforcement agencies, Tether sets a benchmark in the industry. Anticipation for new projects in 2024 intensifies excitement, demonstrating the issuer's relentless pursuit of excellence and innovation.
#TetherUpdate #Cryptocurrrency #TrendingTopicChallenge
💲Tether’s USDT stablecoin hits historic $100B market cap.
🔰Crypto stablecoin Tether (USDT $1.00) has crossed an all-time high market capitalization of $100 billion, posting a 9% year-to-date growth and furthering the gap between its next-largest rival, USD Coin (USDC $1.00).
🔰It’s over $71 billion ahead in market cap compared to its closest stablecoin rival, USDC, issued by Circle, which has also seen its market cap grow this year.
#TrendingTopic #TetherUpdate #PIXEL #APT #SHIB $USDC
🔰Crypto stablecoin Tether (USDT $1.00) has crossed an all-time high market capitalization of $100 billion, posting a 9% year-to-date growth and furthering the gap between its next-largest rival, USD Coin (USDC $1.00).
🔰It’s over $71 billion ahead in market cap compared to its closest stablecoin rival, USDC, issued by Circle, which has also seen its market cap grow this year.
#TrendingTopic #TetherUpdate #PIXEL #APT #SHIB $USDC
JUST IN: USDT HITS 100 BILLIONS M.CAP 🤯
USDT's market cap serves as a clear indicator of interest in the crypto market. As interest grows, cryptocurrency values rise accordingly, giving valuable cues on when to enter or exit the market!
TETHER - USDT
Since its launch in 2014, Tether (USDT) has emerged as a dominant stablecoin, boasting significant trading volume. Unlike the price fluctuations typical of cryptocurrencies such as Bitcoin, Tether strives for stability by mirroring the value of the US dollar
IS TETHER TRUSTWORTHY?
In the past, Tether's communications regarding its reserves fell short in terms of clarity and transparency, resulting in a prolonged period of doubt and distrust surrounding the stablecoin's reserve composition.
In spite of these concerns, Tether remains heavily utilized and has successfully retained its dominance as a leading stablecoin. This ongoing adoption suggests that despite uncertainties surrounding its complete collateralization, the crypto trading community persists in valuing its stability and liquidity
#USDTDaily #TetherTreasury #TetherUpdate #MarketIndicators
USDT's market cap serves as a clear indicator of interest in the crypto market. As interest grows, cryptocurrency values rise accordingly, giving valuable cues on when to enter or exit the market!
TETHER - USDT
Since its launch in 2014, Tether (USDT) has emerged as a dominant stablecoin, boasting significant trading volume. Unlike the price fluctuations typical of cryptocurrencies such as Bitcoin, Tether strives for stability by mirroring the value of the US dollar
IS TETHER TRUSTWORTHY?
In the past, Tether's communications regarding its reserves fell short in terms of clarity and transparency, resulting in a prolonged period of doubt and distrust surrounding the stablecoin's reserve composition.
In spite of these concerns, Tether remains heavily utilized and has successfully retained its dominance as a leading stablecoin. This ongoing adoption suggests that despite uncertainties surrounding its complete collateralization, the crypto trading community persists in valuing its stability and liquidity
#USDTDaily #TetherTreasury #TetherUpdate #MarketIndicators
🏅TETHER ☑️
🌞The chart shows the largest Tether prints since the beginning of the year, displayed on the BTC-USD chart.
🌞Notably, Tether minting on the Ethereum network has a bigger price impact on BTC, than minting on Tron.
#TetherUpdate
🌞The chart shows the largest Tether prints since the beginning of the year, displayed on the BTC-USD chart.
🌞Notably, Tether minting on the Ethereum network has a bigger price impact on BTC, than minting on Tron.
#TetherUpdate
🚀🚀🚀 #USDT Supply Grows by $1 Billion as #tether Seeks to Maintain Market Stability 🚀🚀🚀
This brings the total supply of USDT to 83.6 billion tokens. The minting of new USDT tokens is a controversial practice, as it can increase the supply of the stablecoin and potentially lead to inflation. However, Tether has said that it only mints new USDT tokens when there is demand from users.
In a statement, Tether said that the recent minting of USDT was "to support chain swaps." This means that the new USDT tokens were created to allow users to swap USDT between different blockchains.
The minting of new USDT tokens comes at a time when the stablecoin market is facing increased scrutiny. Regulators around the world are concerned about the potential for stablecoins to be used for money laundering and other illicit activities.
Tether has said that it is committed to working with regulators to ensure that USDT is compliant with all applicable laws and regulations. However, the company has also said that it will not "compromise the security and stability of USDT" in order to comply with regulations.
The minting of new USDT tokens is likely to continue to be a controversial practice. However, Tether has said that it will continue to mint new USDT tokens when there is demand from users.
#CryptoNews🔒📰🚫 #TetherUpdate #BinanceSquare
This brings the total supply of USDT to 83.6 billion tokens. The minting of new USDT tokens is a controversial practice, as it can increase the supply of the stablecoin and potentially lead to inflation. However, Tether has said that it only mints new USDT tokens when there is demand from users.
In a statement, Tether said that the recent minting of USDT was "to support chain swaps." This means that the new USDT tokens were created to allow users to swap USDT between different blockchains.
The minting of new USDT tokens comes at a time when the stablecoin market is facing increased scrutiny. Regulators around the world are concerned about the potential for stablecoins to be used for money laundering and other illicit activities.
Tether has said that it is committed to working with regulators to ensure that USDT is compliant with all applicable laws and regulations. However, the company has also said that it will not "compromise the security and stability of USDT" in order to comply with regulations.
The minting of new USDT tokens is likely to continue to be a controversial practice. However, Tether has said that it will continue to mint new USDT tokens when there is demand from users.
#CryptoNews🔒📰🚫 #TetherUpdate #BinanceSquare
🔋 Tether Takes on Bitcoin Mining with a $500 Million Investment: The Next Big Thing?🌟
💲 A Major Industry Play
Tether is stepping up its game with a $500 million investment in Bitcoin mining. This move represents a significant shift for the company, potentially altering the competitive balance in the mining sector. What does this mean for the future of Bitcoin mining? 🤔
🏭 Embracing Eco-Friendly Mining
The investment strategy of Tether goes beyond mere expansion. It encompasses a strong focus on sustainable energy use, reflecting the industry's pivot towards environmental responsibility. How will Tether's commitment to sustainability influence industry trends? 🌱
🗺️ Expanding Horizons
Tether is targeting key regions in South and Central America for its mining operations. With the goal of contributing significantly to Bitcoin's total computing power, what will be the long-term impacts of this strategic geographical expansion? Let's discuss! 🗣️
📈 Stay Ahead with The Blockopedia
Keep abreast of the latest trends and developments in the cryptocurrency world with The Blockopedia. From Tether's expansion into Bitcoin mining to the newest market movements, we've got you covered. Follow us for insightful and timely crypto news. ➡️
#TetherUpdate #CryptoMarketDynamics #crypto #cryptocurrency #crypto2023
💲 A Major Industry Play
Tether is stepping up its game with a $500 million investment in Bitcoin mining. This move represents a significant shift for the company, potentially altering the competitive balance in the mining sector. What does this mean for the future of Bitcoin mining? 🤔
🏭 Embracing Eco-Friendly Mining
The investment strategy of Tether goes beyond mere expansion. It encompasses a strong focus on sustainable energy use, reflecting the industry's pivot towards environmental responsibility. How will Tether's commitment to sustainability influence industry trends? 🌱
🗺️ Expanding Horizons
Tether is targeting key regions in South and Central America for its mining operations. With the goal of contributing significantly to Bitcoin's total computing power, what will be the long-term impacts of this strategic geographical expansion? Let's discuss! 🗣️
📈 Stay Ahead with The Blockopedia
Keep abreast of the latest trends and developments in the cryptocurrency world with The Blockopedia. From Tether's expansion into Bitcoin mining to the newest market movements, we've got you covered. Follow us for insightful and timely crypto news. ➡️
#TetherUpdate #CryptoMarketDynamics #crypto #cryptocurrency #crypto2023
Tether is restructuring to introduce new divisions beyond stablecoin development.
#TetherUSD #Megadrop #TetherUpdate #BullorBear
#TetherUSD #Megadrop #TetherUpdate #BullorBear
Tether, crypto exchange OKX, and the United States Department of Justice (DOJ) have collaborated in the freezing of 225 million USDT associated with an international human trafficking syndicate in Southeast Asia responsible for a global “pig butchering” romance scam
#TetherUpdate #OKXNews #DOJ #Crypto #CryptoNews🔒📰🚫
#TetherUpdate #OKXNews #DOJ #Crypto #CryptoNews🔒📰🚫
It appears that several addresses containing significant amounts of #USDT have been frozen.
Here are the details:
❄ An address with the identifier
0xfecc47ab11a44c09d9cc7289eeb3b9a8abb9ca16, holding a balance of 21,692,098 USDT (equivalent to 21,687,108 USD), has recently been frozen.
The transaction hash associated with this freeze is 0x7491f40fb1d0ae8add46125da13967de4b3bc05c1689c058350b2a037cf27480.
❄ Another address identified as 0x3b76a3699b563ad1af98ad581714c72315c83607, which had a balance of 16,483,162 USDT (16,479,536 USD), has also undergone a freeze.
The transaction hash related to this action is 0x7f80520bc543ad19baeb07d610cf3592f6aaa9e5aca71ec725228e73f1fd0e7b.
❄ Additionally, an address with the identifier 0xc14d78c6966d7975d9995ae694815bbbf5743ce1, containing 11,050,000 USDT (11,047,458 USD), has been frozen.
The transaction hash associated with this freeze is 0x36cd72e8c00e500fbe58af6ec798126e3de3c93fc64b6745d9b205f4ebac3dae.
#Tether #TetherUpdate #Write2Earn
Here are the details:
❄ An address with the identifier
0xfecc47ab11a44c09d9cc7289eeb3b9a8abb9ca16, holding a balance of 21,692,098 USDT (equivalent to 21,687,108 USD), has recently been frozen.
The transaction hash associated with this freeze is 0x7491f40fb1d0ae8add46125da13967de4b3bc05c1689c058350b2a037cf27480.
❄ Another address identified as 0x3b76a3699b563ad1af98ad581714c72315c83607, which had a balance of 16,483,162 USDT (16,479,536 USD), has also undergone a freeze.
The transaction hash related to this action is 0x7f80520bc543ad19baeb07d610cf3592f6aaa9e5aca71ec725228e73f1fd0e7b.
❄ Additionally, an address with the identifier 0xc14d78c6966d7975d9995ae694815bbbf5743ce1, containing 11,050,000 USDT (11,047,458 USD), has been frozen.
The transaction hash associated with this freeze is 0x36cd72e8c00e500fbe58af6ec798126e3de3c93fc64b6745d9b205f4ebac3dae.
#Tether #TetherUpdate #Write2Earn
The U.S. Department of Justice (DOJ) has seized Tether (USDT) worth $9 million associated with pig butchering crypto scams.
#TetherUpdate #Cryptoscam #Cryptonews230 #CryptoNews🔒📰🚫
#TetherUpdate #Cryptoscam #Cryptonews230 #CryptoNews🔒📰🚫
LIVECrypto updates_
--
📢📢📢 Exciting Opportunity Ahead! 📢📢📢
💵💵 Grab the chance to earn 10 USDT! 💵💵
🎉🎉 Earn 10 USDT without any upfront investment! 🎉🎉
👉 Dive into these avenues:
1. **Airdrops:** 🚀
Participate in cryptocurrency airdrops and promotional giveaways by blockchain projects. They often distribute free tokens as part of their marketing efforts.
2. **Faucets:**
Some cryptocurrency faucets offer small amounts of various cryptocurrencies, including USDT, for completing simple tasks or captcha challenges.
3. **Staking:**
Stake your cryptocurrencies in blockchain networks with reward programs. Certain platforms provide daily USDT rewards for staking specific tokens.
4. **Online Cryptocurrency Earning:** Explore platforms that reward users with cryptocurrencies for completing tasks, surveys, or watching ads. Look for options that offer payouts in USDT.
5. **Farming and Yield Aggregation:** Engage in decentralized finance (DeFi) yield farming or liquidity provision on platforms like Uniswap or PancakeSwap. Be cautious as these methods carry risks.
6. **Freelancing:**
Showcase your skills or services online and receive payments in cryptocurrencies, which can then be converted to USDT.
7. **Referral Programs:**
Some crypto exchanges and platforms have referral programs that offer a percentage of trading fees generated by users you refer.
8. **Crypto Mining:**
If you have access to cost-effective mining equipment and electricity, consider mining cryptocurrencies and converting your earnings to USDT.
9. **Crypto Trading:**
Explore day trading or swing trading to capitalize on crypto price fluctuations. Be aware that this method is riskier and requires knowledge.
🛑Keep in mind that earning cryptocurrencies for free comes with risks and requires time and effort. Potential earnings may vary based on market conditions and chosen methods. Conduct thorough research.
🚨- Your generous tips💸 empower our commitment to delivering top-notch investment advice.💖
#Write2Earn #PIXEL #strk #TrendingTopic #ALT $BTC $BNB $SOL
💵💵 Grab the chance to earn 10 USDT! 💵💵
🎉🎉 Earn 10 USDT without any upfront investment! 🎉🎉
👉 Dive into these avenues:
1. **Airdrops:** 🚀
Participate in cryptocurrency airdrops and promotional giveaways by blockchain projects. They often distribute free tokens as part of their marketing efforts.
2. **Faucets:**
Some cryptocurrency faucets offer small amounts of various cryptocurrencies, including USDT, for completing simple tasks or captcha challenges.
3. **Staking:**
Stake your cryptocurrencies in blockchain networks with reward programs. Certain platforms provide daily USDT rewards for staking specific tokens.
4. **Online Cryptocurrency Earning:** Explore platforms that reward users with cryptocurrencies for completing tasks, surveys, or watching ads. Look for options that offer payouts in USDT.
5. **Farming and Yield Aggregation:** Engage in decentralized finance (DeFi) yield farming or liquidity provision on platforms like Uniswap or PancakeSwap. Be cautious as these methods carry risks.
6. **Freelancing:**
Showcase your skills or services online and receive payments in cryptocurrencies, which can then be converted to USDT.
7. **Referral Programs:**
Some crypto exchanges and platforms have referral programs that offer a percentage of trading fees generated by users you refer.
8. **Crypto Mining:**
If you have access to cost-effective mining equipment and electricity, consider mining cryptocurrencies and converting your earnings to USDT.
9. **Crypto Trading:**
Explore day trading or swing trading to capitalize on crypto price fluctuations. Be aware that this method is riskier and requires knowledge.
🛑Keep in mind that earning cryptocurrencies for free comes with risks and requires time and effort. Potential earnings may vary based on market conditions and chosen methods. Conduct thorough research.
🚨- Your generous tips💸 empower our commitment to delivering top-notch investment advice.💖
#Write2Earn #PIXEL #strk #TrendingTopic #ALT $BTC $BNB $SOL
ether🚀🔥 BREAKING NEWS! 🚀🔥
🌟 TETHER (USDT) MAKES HISTORY WITH $100 BILLION MARKET CAP! 🌟
🎉🥳 Let's give a HUGE round of applause to Tether (USDT) for hitting an ASTOUNDING $100 BILLION market capitalization, marking a WHOPPING 9% increase since the start of the year! 🚀💰
📈 According to CoinGecko, on March 4th, #USDT briefly soared to this EPIC milestone, with its market cap fluctuating due to shifts in price and circulating supply. 📊💥
💪 Surpassing its closest competitor, USD Coin (USDC), by an INCREDIBLE $71 billion, Tether (USDT) solidifies its DOMINANCE in the stablecoin realm! 💰🌐
🌈 Amidst this monumental achievement, let's not forget about USDC, issued by Circle, which has also seen REMARKABLE GROWTH in its market cap this year! 🚀💫
🚀💥 What an UNBELIEVABLE milestone for Tether (USDT)! Let's continue to ride this INCREDIBLE wave of success in the crypto space! 🚀💥
🌟 Join the celebration and SHARE this momentous news with your crypto community! 🌟
#TrendingTopic #BTC #pepe #TrendingTopic #TetherUpdate
🌟 TETHER (USDT) MAKES HISTORY WITH $100 BILLION MARKET CAP! 🌟
🎉🥳 Let's give a HUGE round of applause to Tether (USDT) for hitting an ASTOUNDING $100 BILLION market capitalization, marking a WHOPPING 9% increase since the start of the year! 🚀💰
📈 According to CoinGecko, on March 4th, #USDT briefly soared to this EPIC milestone, with its market cap fluctuating due to shifts in price and circulating supply. 📊💥
💪 Surpassing its closest competitor, USD Coin (USDC), by an INCREDIBLE $71 billion, Tether (USDT) solidifies its DOMINANCE in the stablecoin realm! 💰🌐
🌈 Amidst this monumental achievement, let's not forget about USDC, issued by Circle, which has also seen REMARKABLE GROWTH in its market cap this year! 🚀💫
🚀💥 What an UNBELIEVABLE milestone for Tether (USDT)! Let's continue to ride this INCREDIBLE wave of success in the crypto space! 🚀💥
🌟 Join the celebration and SHARE this momentous news with your crypto community! 🌟
#TrendingTopic #BTC #pepe #TrendingTopic #TetherUpdate
💲 Tether plans to invest $500 million in bitcoin mining over the next 6M to become one of the world's largest BTC miners - Bloomberg
The company is building mining farms in Uruguay, Paraguay and El Salvador and plans to reach 450 MW of capacity by the end of 2025, which would account for 1% of the total BTC network hashrate.
follow for more!
#BTC #bullrunBtc #TetherUpdate #CZBinance #MyFirstSquarePost
The company is building mining farms in Uruguay, Paraguay and El Salvador and plans to reach 450 MW of capacity by the end of 2025, which would account for 1% of the total BTC network hashrate.
follow for more!
#BTC #bullrunBtc #TetherUpdate #CZBinance #MyFirstSquarePost
⚡️ JUST IN: #Tether completes SOC 2 Type 1 audit, marking an initial phase in security compliance.
The audit, governed by AICPA standards, reviews Tether's IT and data protection measures.
Tether plans for SOC 2 Type 2 certification in 2024/25 and commits to annual audits.
#usdt #TetherUpdate #TrendingTopic
The audit, governed by AICPA standards, reviews Tether's IT and data protection measures.
Tether plans for SOC 2 Type 2 certification in 2024/25 and commits to annual audits.
#usdt #TetherUpdate #TrendingTopic
🚨 #JPMorgan highlights vulnerabilities in Tether's ($USDT) dominance amid regulatory pressures.
👩🏻⚖️ Despite its offshore operations, $USDT faces challenges from US regulators and international standards, particularly concerning transparency and compliance with KYC/AML regulations.
#Tether #USDT #TetherUpdate #Regulation
👩🏻⚖️ Despite its offshore operations, $USDT faces challenges from US regulators and international standards, particularly concerning transparency and compliance with KYC/AML regulations.
#Tether #USDT #TetherUpdate #Regulation
