Tether issues the gold-backed stablecoin XAUT, which is currently backed by 7.7 metric tons of gold valued at approximately $819 million. Though still smaller than major gold ETFs like SPDR…
Browsing: Tether stablecoin
Tether remains the dominant stablecoin issuer, controlling 61% of the total stablecoin supply with a market cap of $144 billion. Alongside its BTC purchase, Tether minted another $1 billion USDT…
Under the STABLE Act, only 66% of Tether’s reserves are compliant, while the GENIUS Act sees 83% compliance. Analysts warn that declining compliance ratios, alongside the rising stablecoin supply, could…
USDT stablecoin issuer said that its AI features enhance user experience and will be integrated into Tether’s proprietary AI SDK platform, Tether Data. Tether has established a dedicated division for…