Iran's central bank amassed $507M in USDT to dodge sanctions, using crypto tactics to access offshore liquidity.
Blockchain analytics platform Elliptic reported that the Central Bank of Iran (CBI) acquired more than half a billion dollars ...
Iran’s central bank amassed over $507M in USDT through TRON and Ethereum to support the Rial amid U.S. sanctions.
Tether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess. High interest rates have turned ...
Billionaire and BitMEX co-founder Arthur Hayes sparked a fresh round of scrutiny around Tether (USDT). In a post on X on Nov. 30, Hayes said that the stablecoin issuer is “in the early innings of ...
Tether is the most traded stablecoin on the market, but investors should be mindful of transparency. Tether Limited, the issuer of USDT, has faced long-running scrutiny over transparency, since 2017.
The comments followed S&P's downgrade of USDt's ability to maintain its peg, which cited Tether's Bitcoin and gold reserves as a concern. Tether CEO Paolo Ardoino and market analysts pushed back ...
(Bloomberg) -- Tether Holdings SA, the stablecoin issuer seeking to raise up to $20 billion in a stock sale, is exploring ways to ensure liquidity for investors after intervening to stop some existing ...