Criptos News

Latest news about blockchain and cryptocurrencies

Tether USDT Available in Over 24,000 ATMS in Brazil

Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country. … Read More: Tether USDT Available in Over 24,000 ATMS in Brazil… Continue reading on https://cryptonews.com/news/tether-usdt-available-over-24000-atms-brazil.htm Read more →

Tether Drops All Commercial Paper from Reserves in New Transparency Push

The stablecoin issuer Tether has finally eliminated its exposure to commercial papers, replacing them with much more liquid and secure US Treasury Bills. According to an announcement from Tether, the move to eliminate its commercial paper holdings and replace it with US Treasuries is part of a push to increase transparency and confidence among users of the popular USDT stablecoin…. Read more →

Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption

The number of companies in Brazil holding cryptoassets hit an all-time high in August, with Bitcoin (BTC) and Tether (USDT) standing at the top of the adoption list. Per local media, Brazil’s tax authority recorded 12,053 organizations that declared cryptoassets on their balance sheets in August this year…. Read More: Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption… Read more →

McDonald’s Starts Accepting Bitcoin and Tether in Lugano, Switzerland

Plan ₿ Foundation, a joint initiative between the Swiss City of Lugano and USDT stablecoin issuer Tether, announced a collaboration with payment facilitator GoCrypto to officially bring bitcoin (BTC), tether (USDT), and LVGA payments to Lugano – enabling citizens to use their wallets at McDonalds and other merchants. Per a press release shared with Cryptonews. Read more →

Tether Holdings Revealed – Commercial Paper Holdings Slashed

The stablecoin issuer Tether has revealed new details about its holdings of reserve assets, and now says a majority of its holdings are in the form of US treasuries. In a tweet posted on Monday, Tether’s chief technology officer Paolo Ardoino said that 58.1% of the assets backing up the popular USDT stablecoin are now US Treasuries, also known as t-bills…. Read more →

US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves

As part of the legal proceedings related to a market manipulation case that dates back to 2019, Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, has ordered Tether’s parent company to provide financial records for its USDT stablecoin…. Read More: US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves… Read more →