Tether Set to Relocate Head Office to Crypto-Friendly El Salvador

Tether Set to Relocate Head Office to Crypto-Friendly El Salvador

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Tether, the issuer of the USDT stablecoin, has decided to move its headquarters from the British Virgin Islands to El Salvador. The development comes after Tether recently acquired the licence of a virtual asset service provider (VASP) in the Central American country. The…

Tether Backs Arcanum Capital’s Web3 Fund With Million Investment 

Tether Backs Arcanum Capital’s Web3 Fund With $2 Million Investment 

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Tether, the blockchain firm which issues the USDT stablecoin, has forayed into a new branch of Web3 before 2024 ends. The company has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is a Web3-focussed asset…

Tether Says It Will Use 15 Percent of Its Profits to Buy Bitcoin; Aims to Diversify Reserves

Tether Says It Will Use 15 Percent of Its Profits to Buy Bitcoin; Aims to Diversify Reserves

ByNews Polite

Most investments coming to cryptocurrencies are aimed at diversifying the financial portfolios of individual as well as institutional investors. Tether has become the latest company from the Web3 world to have decided to invest some of its business profits into purchasing cryptocurrencies to strengthen and diversify its reserves. The issuer…

Tether Says It Will Use 15 Percent of Its Profits to Buy Bitcoin; Aims to Diversify Reserves

Tether Expands Into Latin America With Peso-Pegged Stablecoin Launch

ByNews Polite

Tether, the firm behind the most popular stablecoin linked to the US dollar, USDT, has debuted a new stablecoin pegged to the Mexican peso marking the company’s entrance into the Latin American crypto market. The company operating the blockchain-enabled platform announced that the new stablecoin would get added to Tether’s…