Mike Tyson, Tether’s CEO, and Cathie Wood are some of the speakers at Trump’s ‘most exclusive’ crypto conference.
Crypto Conference at Mar-a-Lago with Trump On Saturday, a gathering of cryptocurrency executives, investors, and celebrities is set to take place at Mar-a-Lago, hosted by former President Donald Trump in Palm Beach, Florida. This event, dubbed “The World’s Most Exclusive Conference,” was initiated by Bill Zanker, co-founder of the TRUMP meme coin, with the legendary […]
Venezuela illustrates how residents rely on Tether’s USDT stablecoin amid government instability
Tether (USDT) stablecoin logo. Cost Photo | Null Photo | Getty Images In the context of US military actions in Venezuela, locals hurried to convert their Bolivars into a dollar-equivalent digital currency known as USDT. Although the attack might have caught some off guard, the swift adoption of stablecoins was expected. From the Middle East […]
S&P Lowers Tether’s USDT Stability Rating to ‘Weak’ Over Bitcoin Support Issues
Simply put S&P Global Ratings has lowered its outlook on USDT’s ability to maintain a 1:1 value with the dollar, assigning it a “weak” rating. This downgrade comes as Tether, the issuer of USDT, is reported to back the token with high-risk assets. Tether has criticized the rating, highlighting that USDT has successfully navigated financial […]
Bitcoin and Gold: Tether’s New Investment Strengthens ‘Dual Pillar Strategy’
Simply put Stablecoin giant Tether emphasizes the importance of diversifying your portfolio. The company, based in El Salvador, has acquired a substantial stake in the Canadian Gold Royalty Company. Tether also owns a significant amount of Bitcoin, valued at around $10.7 billion. Stablecoin issuer Tether has invested in a gold company as it continues to […]