A report by WSJ revealed that Wall Street's Cantor Fitzgerald helps oversee Tether's $39 billion bond portfolio that back its USDT stablecoin.
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Tether
Tether's latest attestation report revealed that the USDT issuer's assets exceeded its liabilities. CTO Paolo Ardoino claimed that the firm made a profit of $700 million in the last quarter of 2022.
Tether has criticized a report published by Bloomberg that talks about a renewed investigation onto it's bank fraud case. The company has alleged that Bloomberg is recycling old news for attention.
Summary: A New York Judge has ordered that law firm Roche Freedman step down as lead counsel in a class...
Summary: USDT issuer Tether was ordered to make financial documents for its stablecoin available to the court. The order issued...
Summary: USDT issuer Tether supports Ethereum’s upcoming proof-of-stake transition. Tether stressed only ETH PoS would receive backing. Support for hard-forked...
Summary: USDT stablecoin issuer Tether cleared the air on its short-term debts, again. The digital asset company debunked rumors that...
Summary: Tether has released a statement explaining how it liquidated its loan with Celsius Network. According to Tether, the loan...
