Crypto Exchange Kraken Says It Will Not Delist Tether in Europe
Kraken has no intentions of removing Tether (USDT) from its platform in Europe despite previous reports of a potential delisting to comply with legal requirements.
Tether’s Q1 Profit Reaches $4.5B
In the first quarter of 2024, Tether Holdings reported a record net profit of $4.52 billion.
S&P Global: US Banks Will Enter the Stablecoin Market
A new bill focused on stablecoins has been introduced to the US Senate, which S&P Global Ratings believes could prompt banks to enter the stablecoin market.
Tether Will Block Assets Linked to Sanctioned Entities
Tether, the issuer of the USDT stablecoin, has announced that it will freeze addresses associated with sanctioned entities.
Tether Launches USDT on TON Blockchain
Tether and the TON Foundation have formed a partnership, resulting in the launch of $60 million worth of USDT on the Open Network (TON) blockchain.
The US Senate Proposes New Bill on Stablecoins
Senators Kirsten Gillibrand of New York and Cynthia Lummis of Wyoming have jointly introduced a bill in the Senate regulating stablecoin payments.
Paolo Ardoino: Stablecoin Competition is Important for Regulation
According to Tether CEO Paolo Ardoino, the move by Ripple to launch its own stablecoin could greatly improve the legitimacy of the stablecoin market.
