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The Latest Breaking News from Paolo Ardoino

Tether CEO Slams JPMorgan Analysis Indicating Stablecoin Giant May Sell Bitcoin

Tether's Paolo Ardoino isn't so happy about a report by JPMorgan analysts suggesting the stablecoin behemoth may need to dump its Bitcoin holdings due to non-compliance with recently-introduced stablecoin bills in the U.S.

International Business Times

From crypto bro to commerce secretary pick: Howard Lutnick’s glaring conflict of interest

Trump’s choice shows how his friends and their business interests benefit from policy positions in his administration

The Guardian - US

Tether Is Relocating To Bitcoin Country El Salvador, Nayib Bukele Welcomes $USDT Issuer 'Home'

Tether will soon complete the formalities needed to relocate to El Salvador, marking the most significant development in the country's bid toward attracting crypto business providers.

International Business Times

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Tether Suffers Extreme FUD Amid MiCA Implementation, Triggering $USDT Price Drop

$USDT's price dropped over the weekend amid fears around the fate of the world's largest stablecoin, considering the European Union's MiCA implementation in full force Monday.

International Business Times

Crypto giant Tether invests $775 million into Rumble, the 'right-wing YouTube'

Tether's move to buy a large stake in Rumble signals its ambitions to expand both its technological and political ambitions.

Fortune

Drug Cartels Use Tether And Bitcoin To Launder Millions, Court Documents Reveal

Unsealed court documents highlight how drug cartels from Mexico and Colombia are leveraging cryptocurrency, particularly Tether (CRYPTO: USDT) and

Benzinga

Valora, Tether, Celo Collaborate To Boost Stablecoin Adoption, Education

Valora, Tether, and Celo today announced the launch of a new campaign that seeks to educate consumers in emerging markets with the many real-world use cases of stablecoins.

International Business Times

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Top Stablecoin Meets Dynamic Blockchain: Tether To Launch $USDT On Aptos

Tether announced Monday it will integrate $USDT on the Aptos network, seeking to provide low gas fees while combining the strengths of the top stablecoin and the developer protocol's cutting-edge technology.

International Business Times

Bitfinex To Explore Komainu Connect Integration For New Remote Custody Solution

Bitfinex has agreed to explore integration with Komainu Connect to provide institutional customers with a safe and secure channel to trade their digital assets, highlighting the exchange's commitment to compliance and efficient crypto solutions.

International Business Times

Celsius Tether Legal Showdown: Stablecoin Giant Nearing End Of 'Borrowed Time'?

Celsius sued Tether over a loan from the stablecoin giant that involved over 39,000 Bitcoins in collateral, and while Tether has called the lawsuit "baseless," some X users believe it's just the beginning of an unraveling of the company's business practices.

International Business Times

Tether Unveils 'Novel' Alloy, Offering 'Synthetic' Dollars Backed By Tokenized Gold

Tether has announced a new product lineup that will allow users to mint "synthetic" dollars backed by tokenized gold, redefining stability in a digital era.

International Business Times

Crypto Titan Clash: Tether CEO Claps Back After Ripple Chief Says US Targeting USDT

Ripple's Brad Garlinghouse said last week that the U.S. is targeting Tether's USDT stablecoin, and Tether's CEO appears to have responded to the insinuation, triggering what could be the beginning of a clash of two crypto titans.

International Business Times

Tether CEO Reacts After Cantor Fitzgerald's Chair Validates Stablecoin Issuer's Reserve Strength

The stablecoin issuer has endured prolonged scrutiny regarding its backing of USDT, a stablecoin that currently boasts an extensive market capitalization exceeding $95 billion, firmly establishing it as the predominant stablecoin in global circulation.

International Business Times

USDT Under Scrutiny: Tether Disappointed, Challenges UN's Claims Of Involvement In Illicit Financial Operations

The UN report claimed that USDT is being used by clandestine financial networks and money laundering infrastructure in East and Southeast Asia.

International Business Times

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International Business Times

Stablecoin Giant Withdraws Nearly $400M In BTC From Bitfinex, Becomes 10th Largest Bitcoin Holder

Tether's strategic move to withdraw millions of dollars in Bitcoin has resulted in a staggering profit of $1.148 billion, recording a 68% profit margin.

International Business Times

Tether Mints 'Authorized But Not Issued' $1B USDT To Replenish Inventory

The newly minted USDT will not be introduced to the market right away but will serve as reserved tokens for future distribution needs or chain swaps whenever needed.

Fortune

Tether CEO defies his critics—and he has a point

Paolo Ardoino points out his firm has remained steady even as once respectable banks and crypto rivals have collapsed.

International Business Times

El Salvador's Bitcoin Investment Sees Over $3M Gains Amid Crypto Rally

Bukele said that it has never been El Salvador's objective to sell its Bitcoin and while he confirmed that they are well aware the crypto asset's price will fluctuate, he underlined that it does not impact the country's long-term strategy.

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Fortune

Future of Finance: Paolo Ardoino on Tether proving crypto critics wrong and how ‘Bitfinex is a different company compared to Binance’

Ardoino talked about his early career and why it's mostly been "business as usual" after recently becoming Tether's CEO.

Zenger

Tether’s Ardoino Brushes Off PayPal’s Reserves-Heavy Stablecoin

PayPal (NASDAQ: PYPL) on Monday announced its new U

Zenger

EXCLUSIVE: Bitfinex And Tether CTO Advocates For Crypto Focus On Emerging Markets Over US, Europe

Bitfinex and Tether CTO Paolo Ardoino believes that entities in the industry should rather focus on emerging markets

The Guardian - UK

Tether to launch stablecoin tied to pound as UK aims to become crypto hub

Launch of digital asset to track value of £1 comes despite contraction of cryptocurrency sector

Benzinga

Crypto Market Panic Worsens As Tether (USDT) Loses Dollar-Peg

Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar.

Benzinga

Tether's Paolo Ardoino Raises Concern Over Rapidly Growing Competitor UST: 'It's Really Hard To Predict'

Paolo Ardoino — the chief technology officer at Tether (CRYPTO: USDT), the firm behind the leading stablecoin — commented on the growth of TerraUSD (CRYPTO: UST) after the token became the third-largest stablecoin and overtook Binance USD (CRYPTO

Benzinga

Ukraine's Call For Help Disregarded By Tether

Ukraine First Vice Prime Minister Mykhailo Fedorov requested in a Friday tweet that Tether — the operator of the Tether (CRYPTO: USDT) dollar-pegged stablecoin — and its CEO Paolo Ardoino put a stop on any transactions that involve Russia.

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