Tether, a fast-growing player in the digital assets space, has announced the release of its Wallet Development Kit (WDK). This newly released open-source library for developers allows businesses to include trusted, flexible crypto wallets into their apps. WDK allows any developer or company to build its own autonomous wallet solutions ... Read more
Tether Trade Finance, the investment branch of the leading digital asset company, has made significant strides in bridging traditional finance with the cryptocurrency world. Recently, Tether announced it had completed its first USDT-based crude oil transaction in the Middle East. The transaction, which involves the transportation of 670,000 barrels of ... Read more
As per the Q3-2024 financial statement of Tether Holdings Limited (BVI), the revenue report featured a net profit rate of $2.5 billion. The success has been independently audited by a global accounting firm BDO thus symbolising the stable financial position of USDT in a rapidly evolving market of digital finance. ... Read more
The Tether (USDT) network has set a new milestone logging a 5-month high in new wallet creation. Over 31,300 new wallets were created in a single day, suggesting an influx of fresh capital into the cryptocurrency market. Besides USDT, multi-collateral token DAI also witnessed a surge in network growth. This ... Read more
Tether is planning to introduce a new stablecoin pegged to the United Arab Emirates Dirham (AED). This is a new milestone in the development of Tether in the field of stablecoins and corresponds to the increasing role of the UAE in setting up a crypto market. According to a recent ... Read more
The stablecoin giant Tether has stated intentions to list USDT stablecoin on the Aptos network. This new development, revealed by a leading crypto journalist Colin Wu in a recent post on X, reflects the ambitions of Tether that wishes to use advanced blockchain solutions to offer global access to digital ... Read more
In a development that awakened the cryptocurrency market, more than $1 billion in Tether (USDT) was redeemed from exchanges in the past day. IntoTheBlock analytics platform pointed to this massive outflow, which some people are concerned may affect other cryptocurrencies since it is the largest withdrawal of USDT since May. ... Read more
