Tether CEO Paolo Ardoino presented the company as a builder of open-source financial infrastructure designed to endure societal decline, supported by a reported $1.5 billion net profit in Q3 2026 and nearly $8 billion in reserves. At the Plan ₿ Forum in Lugano, Ardoino emphasized Tether's shift from just issuing stablecoins to developing decentralized tools like self-custodial wallets and AI platforms that operate locally. The company also extended its partnership with the City of Lugano to 2030, aiming to expand Bitcoin payments among merchants and explore Bitcoin use in municipal treasuries and pensions. This strategy highlights Tether's ambition to foster financial inclusion and resilience despite its centralized structure.
Tether's USDT token trades at Rp18.112 on Pluang as of Nov 03, 2026 01:42 WIB, showing a slight 0.03% decline in the past day. The stablecoin holds a substantial market cap of Rp3.256,29 trillion on the platform, with a high 24-hour trading volume of Rp931,48 trillion. Pluang users currently show a 67% sell activity versus 33% buy, reflecting active market engagement despite the token's stablecoin status.
Tether froze more than 4.5 million USDT linked to a security incident at Brazilian exchange Mercado Bitcoin, which temporarily suspended deposits and withdrawals to investigate suspicious fund movements. Mercado Bitcoin confirmed no customer losses o...
Tether burned 2 billion USDT tokens on October 31, 2026, permanently removing them from circulation as part of its routine supply management. This burn represents just over 1% of the stablecoin's circulating supply, which remains around $180 billion....
On November 2, Binance transferred 100 million Tether (USDT) tokens to an unidentified wallet, marking a significant outflow of the stablecoin from the exchange. The recipient wallet remains unnamed, and the transaction details confirm Binance as the...
In the past 24 hours, Bitcoin (BTC) and Solana (SOL) experienced net inflows of $52.31 million and $34.23 million respectively, indicating increased investor interest. Meanwhile, Ethereum (ETH) saw the largest net outflow of $39.61 million, suggestin...
Binance's proof-of-reserves snapshot on October 31 revealed a 0.52% increase in Bitcoin (BTC) balances, rising by 3,614 BTC to about 692,200 BTC since October 1. However, balances of Ether (ETH), Tether (USDT), and Binance Coin (BNB) declined during ...
