#USDT
Tether (USDT) is trading at $0.9997, maintaining its peg to the U.S. dollar.
Recent Updates:
Regulatory Engagement: Tether CEO Paolo Ardoino emphasized the company's transparency and cooperation with regulators. (The Guardian)
Market Expansion: Major banks and fintechs like PayPal and Stripe are entering the stablecoin market, challenging Tether's dominance. (FT)
Legal Actions: Authorities in Spain are investigating attempts to hide USDT assets linked to Luis Rubiales. (El Pais)