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26 stories found

Technologyglobe-and-mail1mo ago

TRON Processes $2 Trillion in USDT Transfers in Q1

TRON's network powered $2 trillion in USDT transfers during the first quarter, according to CoinDesk and Messari research. The research also highlighted significant growth in AI and institutional adoption within the crypto market.

Tether Slows Gold Purchases for USDT Reserves
BusinessReuterschannel-news-asia1mo ago2 sources

Tether Slows Gold Purchases for USDT Reserves

Data indicates that Tether significantly slowed its gold purchases for USDT reserves during the first quarter. This adjustment reflects a change in the company's asset allocation strategy.

Tether Secures KPMG for First Big Four USDT Audit Amid Solvency Questions
BusinessFTYahoo2mo ago2 sources

Tether Secures KPMG for First Big Four USDT Audit Amid Solvency Questions

Tether has secured KPMG, a Big Four auditor, to conduct a full transparency review of its USDT stablecoin, directly addressing ongoing solvency and backing concerns amid a U.S. expansion push. This move follows previous analyses exploring the gold price threshold at which USDT could face balance-sheet insolvency.