Tether CEO Reveals Plans for New US-Compliant Stablecoin Amid Regulatory Pressure
• 1 min read
Tether CEO Paolo Ardoino announced potential plans to launch a new U.S.-compliant stablecoin if regulations force USDT out of the American market. The $144 billion stablecoin issuer emphasizes commitment to compliance while facing increased scrutiny and proposed legislation requiring strict reserve requirements.
Tether Expands Bitcoin Holdings with $700M Strategic Reserve Transfer
• 1 min read
Tether has significantly increased its Bitcoin reserves by transferring 7,629 BTC worth $700 million, bringing total holdings to 83,758 BTC. The move comes amid European regulatory uncertainty affecting USDT's market cap, while CEO Paolo Ardoino dismisses concerns as unfounded FUD.