What is Tether worth?
Tether's valuation is targeting $500 billion, putting its market capitalization on par with Goldman Sachs. Can it catch up with JPMorgan Chase?
JinseFinanceTether's valuation is targeting $500 billion, putting its market capitalization on par with Goldman Sachs. Can it catch up with JPMorgan Chase?
JinseFinanceThis $15-20 billion round of funding may be more about influence than cash, as it signals Tether’s intention to become not just a stablecoin issuer but also an institution with global influence in a wide range of sectors.
JinseFinanceUSDT, stablecoin, Tether's compliance adventure Golden Finance, the same company, two stablecoins, completely different rules.
JinseFinanceWith the changes in the regulatory environment and the rise of major competitors in the US market, how will Tether, as the world's largest stablecoin, respond to this new legal and market competition?
JinseFinanceNo matter what risk isolation measures Tether takes, it will ultimately be difficult to escape the "long-arm jurisdiction" of the United States.
JinseFinanceTether’s total equity reached an all-time high of $14.2 billion, with consolidated assets of $134.4 billion.
JinseFinanceOn June 10, 2024, according to the SlowMist MistEye security monitoring system, UwU Lend, a platform providing digital asset lending services on the EVM chain, was attacked and suffered a loss of approximately US$19.3 million.
JinseFinanceJP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
BrianWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphPaolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Cointelegraph