Amidst the FUD around #tetherUsdt , Paolo Ardoino gave a short interview , the main point being:
1️⃣ The US can destroy Tether if they want .

2️⃣ Tether does not intend to conflict with the US and is not under investigation, and the WSJ called the publication irresponsible.

3️⃣ The company takes every possible step to combat money laundering and illegal transactions.

4️⃣ The share of USDT in criminal transactions is extremely small compared to the use of the dollar.

5️⃣ Tether actively cooperates with the FBI, the US Department of Justice, the Secret Service and other law enforcement agencies.

6️⃣ The company respects international sanctions, and USDT is backed by US government bonds. #USDT。

⚡️BREAKING :
Paolo Ardoino, the CEO of #Tether, denies the WSJ's claim that the company is being investigated by the US government.👀

#tetherUsdt
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Tether (USDT): The Leading Stablecoin

Discuss Tether's role as the most widely used stablecoin, pegged to the value of the US dollar. Explore its significance in cryptocurrency trading, its controversies regarding transparency and reserve backing, and the rise of alternative stablecoins in the market.#tetherUsdt #BTC $BTC #HotTrends

🚨🚨 A Recent Article in the Daily Mail has labeled the USDT-issuer Tether💰 as the 'Next FTX'.

#tetherUsdt #CryptoNewss #Market_Update

#TetherOnTON #tetherUsdt #TONCOİN #TelegramCrypto $USDC #bitcoinhalving #

KEY POINTS

Telegram users can now start sending money via the stablecoin USDT through The Open Network (TON), a blockchain network that's integrated with the encrypted messaging service.

Stablecoins are becoming a more popular alternative to fiat currencies for those looking to buy and sell digital currencies

Stablecoin Tether and Circle's USDC dominate the market.

Telegram users can now start making stablecoin USDT payments to each other through the encrypted messaging service's linked blockchain.

Telegram, which has roughly 900 million users worldwide, on Friday said it will now give users on the app the option to send USDT — a stablecoin developed and issued by Tether — over The Open Network (TON).

🚨 News Alert 🚨

🚀🚀In a remarkable financial performance, Tether, the issuer of the widely-used #stablecoin USDT, has announced a profit of $5.2 billion for the first half of 2024.

🔘 This significant achievement underscores Tether's robust position in the cryptocurrency market.The substantial profit primarily stems from interest earned on Tether's #Reserves , which are heavily invested in the U.S. Treasury bills.

🔘 This financial milestone highlights the growing acceptance and utilization of #USDT。 in the digital asset ecosystem, as well as Tether's effective management of its reserve assets.

🔘 As stable coins continue to play a crucial role in the crypto economy, #tetherUsdt impressive profit figures reinforce its status as a #leadingplayer in the market

Just In: huge news 🚨 🚨

Tether, the company behind the $114 billion USDT token, plans to launch a new stablecoin pegged to the United Arab Emirates (UAE) dirham.

The yet-to-be-named stablecoin will be rolled out in collaboration with UAE-based tech giants Phoenix Group PLC and Green Acorn Investments Ltd. While the companies did not provide a specific launch date, Tether CEO Paolo Ardoino said obtaining licensing from the Central Bank of the UAE will be the next step, and could take a few months.
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#tetherUsdt #StablecoinSafety
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URGENT !!! Correction of around $60,000 is on its way. Let's make some money! #BTC #eth #sol #tetherUsdt $BTC

✅ POSITIVE NEWS👇

🔶 Circle mints 4.5B $USDC on @SOLANA since April 2, 2024.

🔶 Tether is minting $USDT on Tron.

🔶 Good for crypto market because liquid money is coming into crypto market.

👉 We may see stablecoin money flowing into #Bitcoin and Altcoins.

#BinanceSquareCreatorAward #BecomeCreator #TetherOnTON #tetherUsdt

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#Write2Earn #TrendingTopic. #tetherUsdt #USDTDaily lasted price of tether usdt

1. 📈 **Tether Activity**: Tether minted over $1.3 billion in USDT since the market bottom on Aug. 5, transferred to major CEXs like Kraken, Coinbase, OKX, and Bullish.

2. 💵 **Market Dynamics**: Large inflows of stablecoins like USDT to exchanges could signal upcoming buying pressure as they are the main fiat-to-crypto on-ramps.

3. 🚀 **Bitcoin Recovery**: Since Aug. 5, Bitcoin recovered over 21%, trading at $60,271 as of Aug. 9, with a 5.2% increase in the last 24 hours.

4. 🎯 **Key Resistance**: Bitcoin needs to reclaim the $64,000 to $65,000 range to avoid further downside, as this is the realized price level for short-term whale holders.

5. 📊 **ETF Influence**: Positive inflows in US Bitcoin ETFs, with a cumulative $194 million on Aug. 8, could further boost Bitcoin’s price, contributing significantly to its growth.

#TetherUSD #USDT #tetherUsdt

(#Coindesk )
#Revolut , a London-based fintech company valued at $45 billion, is reportedly developing its own #stablecoin , according to sources. The company, which obtained a U.K. banking license in July, aims to expand its cryptocurrency offerings with a focus on compliance. Revolut's spokesman emphasized the company's goal to become a safe and accessible provider of crypto asset services. The stablecoin sector, led by #tetherUsdt and Circle’s $USDC , has attracted new entrants, including PayPal and Ripple. Stablecoins, which are tied to real-world assets, generate profit through government-issued debt interest. The sector's growth is also influenced by Europe's upcoming Markets in Crypto Assets (MiCA) regulatory framework. Revolut has supported crypto trading within its app for years and launched a cryptocurrency exchange in May for advanced users.

Tether announced today that it assisted the U.S. DOJ in seizing over $6 million in assets linked to a crypto-confidence scheme based in Southeast Asia. To date, Tether has assisted more than 180 enforcement agencies across 45 jurisdictions, blocked $1.8+ billion USDT.

#Tetherwallet #TetherOnTON #TetherTrendsetter #TetherUSD #tetherUsdt

Tether, the company behind the widely used stablecoin $USDT, has clarified that it does not plan to launch its own blockchain.
Despite being one of the most prominent players in the cryptocurrency space, #Tether prefers to remain blockchain-agnostic, focusing instead on integrating its stablecoin across multiple existing blockchain networks.
This strategy allows Tether to maintain flexibility and accessibility, ensuring that #USDT can be used across various platforms without being tied to a single blockchain's limitations. By not creating its own blockchain, Tether can avoid the complexities and potential risks associated with managing a blockchain network while continuing to serve a broad user base in the #DeFi and broader crypto ecosystems.

#tetherUsdt #TrendingTopic

TETHER INVESTS $100M IN AGRICULTURE: WHAT’S NEXT? 🌍💰

You won’t believe what the world's largest stablecoin issuer, Tether, just did! They've made a bold move into agriculture by investing a whopping $100 million. This game-changing investment is shaking up the crypto world, and here’s why it matters. 🚀

TETHER'S MOVE INTO AGRO-TECH 🌱
Tether has bought a 9.8% stake in Adecoagro, one of Latin America’s leading agro-tech companies. This marks a major shift in Tether’s investment focus, which usually targets tech sectors like AI, Bitcoin mining, and digital education. What does this mean for the future?

- 9.8% stake in Adecoagro means Tether now owns over 10 million shares.
- Adecoagro is a major player in Argentina's milk production, handling 550,000 liters daily.
- The company also deals in sugar, ethanol, and energy across Brazil.

WHAT'S BEHIND THIS INVESTMENT? 🤔
This move signals that Tether is broadening its horizons beyond digital assets, potentially paving the way for new stablecoin use cases. Plus, with Adecoagro's strong presence in Latin America, Tether may be looking to integrate stablecoin solutions into the agricultural sector.

NEW STABLECOIN ALERT! 💵
Alongside this investment, Tether is launching a new stablecoin pegged to the UAE Dirham (AED). This new stablecoin will be backed by reserves from the UAE in partnership with Phoenix Group and Green Acorn Investments. Could this be the next big stablecoin to watch?

IMPLICATIONS FOR THE FUTURE 📈
- Diversification: Tether's foray into agriculture could lead to exciting innovations, potentially linking stablecoins with real-world assets like food production and energy.
- Global Expansion: This UAE stablecoin launch shows Tether’s intent to continue expanding its global reach.

#tetherUsdt #Agrotech #Stablecoin #BNBChainMemecoins #UAEStablecoin

🚨 JUST IN 🚨: Tether’s $USDT Surpasses $120 Billion Market Cap...!!!

#Tether #tether #TetherTreasury #TetherUSD #tetherUsdt