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Launched in 2014, Tether was one of the first stablecoins, giving it a head start in adoption. Its early emergence made it a stablecoin for traders who needed an asset pegged to the dollar.
Tether is consistently ranked as the most traded cryptocurrency, often surpassing Bitcoin in daily trading volume. Its high liquidity makes it a better choice for traders, exchanges, and institutions.
Almost every crypto exchange supports USDT, making it easy to move funds between platforms. Many trading pairs use USDT as a base currency, solidifying its dominance.
Unlike traditional fiat deposits, USDT offers the stability of the dollar without the constraints of banks (slow transactions, high fees, regulatory oversight). This allows traders to quickly hedge against cryptocurrency volatility.
USDT is widely used in decentralized finance (DeFi) protocols for lending, borrowing, and liquidity pools. It also plays an important role in cross-border payments and remittances, offering a fast and cheap alternative to traditional banking services.
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#TetherBTC
Launched in 2014, Tether was one of the first stablecoins, giving it a head start in adoption. Its early emergence made it a stablecoin for traders who needed an asset pegged to the dollar.
Tether is consistently ranked as the most traded cryptocurrency, often surpassing Bitcoin in daily trading volume. Its high liquidity makes it a better choice for traders, exchanges, and institutions.
Almost every crypto exchange supports USDT, making it easy to move funds between platforms. Many trading pairs use USDT as a base currency, solidifying its dominance.
Unlike traditional fiat deposits, USDT offers the stability of the dollar without the constraints of banks (slow transactions, high fees, regulatory oversight). This allows traders to quickly hedge against cryptocurrency volatility.
USDT is widely used in decentralized finance (DeFi) protocols for lending, borrowing, and liquidity pools. It also plays an important role in cross-border payments and remittances, offering a fast and cheap alternative to traditional banking services.
$BTC
$ETH
$XRP
#TraderProfile
#TetherBTC
,#TetherBTC Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network.
Bitcoin’s ‘Unmatched’ Decentralization
Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. The company said the integration combines Bitcoin’s “unmatched” decentralization and security with the Lightning Network’s scalability and speed.
According to a statement, the USDT integration, developed by Lightning Labs, is supported by a new Taproot-powered protocol and Taproot Assets. The statement added that when fully integrated, the stablecoin will operate on the base layer and its layer-two (L2) Lightning Network.
Paolo Ardoino, Tether’s chief technology officer, said the integration of tether (USDT) into the Bitcoin network showcases the stablecoin issuer’s commitment to innovation.
“Tether is committed to driving innovation in the Bitcoin ecosystem. By enabling USDt on the Lightning Network, we are not only reinforcing Bitcoin’s foundational principles of decentralization and security but also creating practical solutions for remittances, payments, and other financial applications that demand both speed and reliability,” Ardoino said.
Elizabeth Stark, CEO of Lightning Labs, described the USDT integration with Bitcoin as a new era for stablecoins. She added that the combination of the Bitcoin base layer and the Lightning Network will allow millions to leverage the pioneering blockchain.
“Millions of people will now be able to use the most open, secure blockchain to send dollars globally. It all comes back to Bitcoin,” Stark said.
According to the statement, the integration of USDT with Taproot Assets enhances Bitcoin’s functionality, enabling support for tokenized assets while maintaining decentralization. This scalable solution unlocks new use cases, such as microtransactions, remittances and efficient cross-border settlements, powering the AI economy.
Bitcoin’s ‘Unmatched’ Decentralization
Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. The company said the integration combines Bitcoin’s “unmatched” decentralization and security with the Lightning Network’s scalability and speed.
According to a statement, the USDT integration, developed by Lightning Labs, is supported by a new Taproot-powered protocol and Taproot Assets. The statement added that when fully integrated, the stablecoin will operate on the base layer and its layer-two (L2) Lightning Network.
Paolo Ardoino, Tether’s chief technology officer, said the integration of tether (USDT) into the Bitcoin network showcases the stablecoin issuer’s commitment to innovation.
“Tether is committed to driving innovation in the Bitcoin ecosystem. By enabling USDt on the Lightning Network, we are not only reinforcing Bitcoin’s foundational principles of decentralization and security but also creating practical solutions for remittances, payments, and other financial applications that demand both speed and reliability,” Ardoino said.
Elizabeth Stark, CEO of Lightning Labs, described the USDT integration with Bitcoin as a new era for stablecoins. She added that the combination of the Bitcoin base layer and the Lightning Network will allow millions to leverage the pioneering blockchain.
“Millions of people will now be able to use the most open, secure blockchain to send dollars globally. It all comes back to Bitcoin,” Stark said.
According to the statement, the integration of USDT with Taproot Assets enhances Bitcoin’s functionality, enabling support for tokenized assets while maintaining decentralization. This scalable solution unlocks new use cases, such as microtransactions, remittances and efficient cross-border settlements, powering the AI economy.
Tether Acquires 8,888 BTC Worth $735M—Strengthens Its Bitcoin Reserves
Tether, the issuer of the world’s largest stablecoin, USDT, has made another significant Bitcoin acquisition, purchasing 8,888 BTC worth approximately $735 million. The transaction, reported by Arkham, involved withdrawing Bitcoin from Bitfinex, a sister company of Tether.This latest purchase brings Tether’s total Bitcoin holdings to 92,647 BTC, currently valued at around $7.7 billion, further solidifying its position as one of the biggest institutional Bitcoin holders.
Tether’s Growing Bitcoin Reserves
Tether has been steadily increasing its Bitcoin holdings as part of a long-term investment strategy. The company committed in May 2023 to allocate 14% of its net profits toward Bitcoin purchases—a policy it has consistently followed.
According to Bitcoin Treasuries, Tether is now the sixth-largest Bitcoin holder globally and the second-largest private holder, trailing only Block.one. When factoring in publicly traded companies and Bitcoin ETF issuers, firms like MicroStrategy still hold a larger share of BTC.
Why Is Tether Buying More Bitcoin?
The timing of Tether’s latest Bitcoin acquisition is notable. Recently, Bitcoin has been a key focus in U.S. policy discussions, with President Donald Trump advocating for a Strategic Bitcoin Reserve (SBR) to strengthen national financial security.
Tether’s growing BTC holdings serve multiple purposes:
Strengthening USDT Reserves: Tether’s Bitcoin acquisitions back its $144 billion market cap, securing its dominance in the $234 billion stablecoin market.Long-Term Investment: By diversifying reserves into BTC, Tether benefits from potential Bitcoin price appreciation.Market Confidence: This move reassures investors that Tether is committed to long-term crypto adoption.
$1B USDT Minted Alongside Bitcoin Purchase
Alongside the Bitcoin acquisition, Tether also minted $1 billion worth of new USDT tokens on the Tron blockchain. Tether CEO Paolo Ardoino confirmed the minting, clarifying that these tokens are not yet in circulation but reserved for future issuance.
Since the start of 2024, Tether has minted $8 billion in USDT on Tron, following $22 billion minted in 2023. The latest BTC purchase and stablecoin issuance indicate Tether’s ongoing expansion in the crypto ecosystem.
Tether’s Position in the Crypto Market
Tether’s Bitcoin strategy highlights its role as a key player in the crypto space. With over 60% of the stablecoin market share, Tether’s actions influence liquidity, adoption, and market sentiment.
As Bitcoin’s institutional adoption grows, Tether’s increasing BTC reserves suggest it is preparing for a long-term bullish stance on crypto assets.
The post Tether Acquires 8,888 BTC Worth $735M—Strengthens Its Bitcoin Reserves appeared first on CryptosNewss.com
#TetherBTC #TetherUSD #TetherUpdate #Tether $BTC
Tether’s Growing Bitcoin Reserves
Tether has been steadily increasing its Bitcoin holdings as part of a long-term investment strategy. The company committed in May 2023 to allocate 14% of its net profits toward Bitcoin purchases—a policy it has consistently followed.
According to Bitcoin Treasuries, Tether is now the sixth-largest Bitcoin holder globally and the second-largest private holder, trailing only Block.one. When factoring in publicly traded companies and Bitcoin ETF issuers, firms like MicroStrategy still hold a larger share of BTC.
Why Is Tether Buying More Bitcoin?
The timing of Tether’s latest Bitcoin acquisition is notable. Recently, Bitcoin has been a key focus in U.S. policy discussions, with President Donald Trump advocating for a Strategic Bitcoin Reserve (SBR) to strengthen national financial security.
Tether’s growing BTC holdings serve multiple purposes:
Strengthening USDT Reserves: Tether’s Bitcoin acquisitions back its $144 billion market cap, securing its dominance in the $234 billion stablecoin market.Long-Term Investment: By diversifying reserves into BTC, Tether benefits from potential Bitcoin price appreciation.Market Confidence: This move reassures investors that Tether is committed to long-term crypto adoption.
$1B USDT Minted Alongside Bitcoin Purchase
Alongside the Bitcoin acquisition, Tether also minted $1 billion worth of new USDT tokens on the Tron blockchain. Tether CEO Paolo Ardoino confirmed the minting, clarifying that these tokens are not yet in circulation but reserved for future issuance.
Since the start of 2024, Tether has minted $8 billion in USDT on Tron, following $22 billion minted in 2023. The latest BTC purchase and stablecoin issuance indicate Tether’s ongoing expansion in the crypto ecosystem.
Tether’s Position in the Crypto Market
Tether’s Bitcoin strategy highlights its role as a key player in the crypto space. With over 60% of the stablecoin market share, Tether’s actions influence liquidity, adoption, and market sentiment.
As Bitcoin’s institutional adoption grows, Tether’s increasing BTC reserves suggest it is preparing for a long-term bullish stance on crypto assets.
The post Tether Acquires 8,888 BTC Worth $735M—Strengthens Its Bitcoin Reserves appeared first on CryptosNewss.com
#TetherBTC #TetherUSD #TetherUpdate #Tether $BTC
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