Tether stops minting USDT on EOS and Algorand gives 1 year for redemptions
Tether's strategic shift emphasizes resource allocation to platforms with higher community interest.
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Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
Tether's strategic shift emphasizes resource allocation to platforms with higher community interest.
Liam 'Akiba' Wright 2 min read
Tether's journey through challenges in 2022 demonstrates its stability compared to traditional banks.
Tether's Alloy platform blends dollar stability with gold-backed security through Ethereum smart contracts.
The stablecoin issuer is reportedly ready to invest over $1 billion into deals over the next year.
Section 423 of the Intelligence Authorization Act could limit transactions for major DeFi protocols and stablecoins if they facilitate prohibited transactions.
The crypto industry faces phishing threat after potential email vendor hack.
Over the past month, Tether has stepped up its investment efforts in the Bitcoin mining sector.
Market observers said this substantial minting activity would be used to provide liquidity for the market.
An executive previously described plans to drop the stablecoin under new regulations.