Tether

A WSJ article delved into the contrasting styles between Tether’s Giancarlo Devasini and Circle’s Jeremey Allaire.

The stablecoin giant is moving toward a comprehensive financial audit as it expands its küresel operations

The stablecoin issuer’s investment arm said it is acquiring a minority stake in the Italian club.

Company veri suggests that Tether’s reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.

Howard Lutnick, President Trump’s pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.

The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.

Under the new regulations only compliant stablecoins can be used as trading pairs in regulated markets, the report said.

The tokenization platform is part of Tether’s ambition to diversify its business from its $126 billion USDT stablecoin.

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.